TDOC Forecast


Bullish Case: Increasing telehealth adoption and strategic partnerships could drive TDOC's recovery. Low price-to-book ratio (0.7) and positive analyst sentiment may attract investors, suggesting potential for upward momentum.




Bearish Case: Ongoing insider selling (40%) and low trading volume (0th percentile) indicate lack of confidence among investors. Continued downward price trends and historical volatility may signal further bearish activity.




Potential Outcomes:

1. Continued telehealth adoption growth (60%).

2. Ongoing insider sales impact (40%).

3. Sudden volatility spike ( 30%).

4. Analyst upgrades lead to price recovery (25%).

5. Competition from other telehealth services rises (35%).




Trading Oracle: Sign Up to access trading oracle trade ideas.



November 21, 2024


Teladoc Health Forecast

TDOC        Teladoc Health











Correlated Assets

Assets that tend to move strongly with TDOC



CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.95)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.95)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.94)


DDD Forecast + Options Trading Strategies   DDD  3D Systems (0.93)


HELE Forecast + Options Trading Strategies   HELE  Helen of Troy (0.93)



Uncorrelated Assets

Assets with little price relationship to TDOC



EWY Forecast + Options Trading Strategies   EWY  iShares MSCI South Korea (0.0)


ABEO Forecast + Options Trading Strategies   ABEO  Abeona Therapeutics (-0.0)


RRR Forecast + Options Trading Strategies   RRR  Red Rock Resorts (0.01)


FOSL Forecast + Options Trading Strategies   FOSL  Fossil (0.02)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.02)



Anticorrelated Assets

Assets that tend to move strongly against TDOC



FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.89)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.89)


CRTO Forecast + Options Trading Strategies   CRTO  Criteo (-0.9)


MO Forecast + Options Trading Strategies   MO  Altria (-0.9)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (-0.91)









Become a more profitable investor with AI optimized trading strategies






×

Chat with TDOC


 Ask any question about TDOC!