SNCR Forecast


Bullish Case: SNCR has a significant upside potential given recent positive earnings estimate revisions and active options market. The 15.3% increase over 90 days signals momentum that could sustain upward.


Bearish Case: SNCR's 97.1% decline over ten years and -14.9% drop over two years indicate long-term negative sentiment. High implied volatility suggests potential for large downside movement.


Potential Outcomes:

1. 60% chance of moderate rise driven by recent positive earnings revisions and call option activity.

2. 30% chance of significant drop due to historical downtrend.

3. 10% chance of flat movement due to mixed signals from options market.


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June 30, 2024


Synchronoss Forecast

SNCR      Synchronoss











Correlated Assets

Assets that tend to move strongly with SNCR



DHR Forecast + Options Trading Strategies   DHR  Danaher (0.85)


OGN Forecast + Options Trading Strategies   OGN  Organon (0.79)


ALC Forecast + Options Trading Strategies   ALC  Alcon (0.78)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (0.72)


HBI Forecast + Options Trading Strategies   HBI  Hanesbrands (0.72)



Uncorrelated Assets

Assets with little price relationship to SNCR



CATY Forecast + Options Trading Strategies   CATY  Cathay General Bancorp (0.0)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.0)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.0)


LW Forecast + Options Trading Strategies   LW  Lamb Weston (0.0)


GLBE Forecast + Options Trading Strategies   GLBE  Global E Online (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against SNCR



NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.54)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.54)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.58)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.65)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.73)





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