TRIB Forecast


Bullish Case: TRIB's recent surge in HIV test sales (forecasted $8M) and promising AI-powered CGM trials position it for substantial growth. Anticipated collaborations and a new CFO with transformative skills may drive revenue and profitability [simplywall.st][tipranks.com][hitconsultant.net][stocktitan.net].


Bearish Case: Historical mean reversion, high implied volatility, and previous revenue declines indicate downside risks. Continued volatility could exacerbate share price drops amidst high operational uncertainties [Helium][Helium][simplywall.st].


Potential Outcomes:

1. Revenue Growth (+30%) - Sales surge and new CGM trials succeed.

2. Continued Volatility (+50%) - High implied vol and mean reversion cause sharp fluctuations.

3. Decline (-20%) - Strategic missteps or operational inefficiency lead to revenue dip [Helium][Helium][Helium].


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


July 14, 2024


Trinity Biotech Plc Forecast

TRIB      Trinity Biotech Plc











Correlated Assets

Assets that tend to move strongly with TRIB



EBAY Forecast + Options Trading Strategies   EBAY  EBay (0.88)


CRTO Forecast + Options Trading Strategies   CRTO  Criteo (0.88)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.86)


PRM Forecast + Options Trading Strategies   PRM  Perimeter Solutions SA (0.86)


KR Forecast + Options Trading Strategies   KR  Kroger (0.84)



Uncorrelated Assets

Assets with little price relationship to TRIB



DRD Forecast + Options Trading Strategies   DRD  DRDGold (0.0)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.0)


DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (0.0)


ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (-0.0)


THO Forecast + Options Trading Strategies   THO  Thor Industries (0.0)



Anticorrelated Assets

Assets that tend to move strongly against TRIB



LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.74)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.76)


DAVA Forecast + Options Trading Strategies   DAVA  Endava plc (-0.77)


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


YELP Forecast + Options Trading Strategies   YELP  Yelp (-0.79)





Become a more profitable investor with AI optimized trading strategies






×

Chat with TRIB


 Ask any question about TRIB!