TKR Forecast + Trading Strategies


Bullish Case: Timkenā€™s strategic acquisitions and expansion into high-growth markets such as renewable energy and food & beverage can drive revenue growth. Recent stable performance, despite market volatility, supports potential upside.


Bearish Case: Persistent supply chain challenges, higher operating costs, and insider selling indicate underlying risks. The flat recent price action coupled with potential overvaluation may pressure future prices.


Potential Outcomes: 40% chance of gaining synergies driving price up 10%. 35% chance rising costs and stalled expansion pressures stock down 7%. 25% chance macroeconomic factors keep price within 3% of the current level.


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June 27, 2024










Correlated Assets

Assets that tend to move strongly with TKR



RMD Forecast + Options Trading Strategies   RMD  Resmed (0.94)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.88)


EEFT Forecast + Options Trading Strategies   EEFT  Euronet Worldwide (0.88)


LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.87)


EW Forecast + Options Trading Strategies   EW  Edwards Lifesciences (0.87)



Uncorrelated Assets

Assets with little price relationship to TKR



ZM Forecast + Options Trading Strategies   ZM  Zoom Video Communications (-0.0)


SBSW Forecast + Options Trading Strategies   SBSW  Sibanye Stillwater (0.0)


FXF Forecast + Options Trading Strategies   FXF  Rydex Investments - Invesco CurrencyShares Swiss Franc (0.0)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.0)


HDB Forecast + Options Trading Strategies   HDB  HDFC (0.0)



Anticorrelated Assets

Assets that tend to move strongly against TKR



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.75)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.75)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.77)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.77)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.78)





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