Bullish Case: Q3 beats and CEO optimism, supported by strong affordable housing demand, may drive SKY's growth despite macro headwinds.


Bearish Case: Economic instability and rising interest rates could pressure SKY, compounded by recent price declines signaling potential correction.


Potential Outcomes:

1. Earnings exceed forecasts, increasing stock by 10% (30% probability)

2. Market corrects, SKY drops 10% (40% probability)

3. SKY follows historical mean reversion, stable price (30% probability).


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April 04, 2024


Skyline Champion Forecast

SKY        Skyline Champion
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SKY



CURE Forecast + Options Trading Strategies   [CURE]  Direxion Daily Healthcare Bull 3X Shares (0.87)


XLV Forecast + Options Trading Strategies   [XLV]  Health Care Select Sector SPDR (0.87)


EWC Forecast + Options Trading Strategies   [EWC]  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.86)


VGK Forecast + Options Trading Strategies   [VGK]  Vanguard FTSE Europe (0.85)


POST Forecast + Options Trading Strategies   [POST]  Post (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to SKY



ED Forecast + Options Trading Strategies   [ED]  Consolidated Edison (-0.0)


CLMT Forecast + Options Trading Strategies   [CLMT]  Calumet Specialty Products (-0.0)


NOK Forecast + Options Trading Strategies   [NOK]  Nokia (0.0)


KLIC Forecast + Options Trading Strategies   [KLIC]  Kulicke & Soffa Industries (0.0)


KDP Forecast + Options Trading Strategies   [KDP]  Keurig Dr Pepper (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SKY



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.72)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.72)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.73)


RWM Forecast + Options Trading Strategies   [RWM]  ProShares Trust - ProShares Short Russell2000 (-0.73)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.74)





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