TRUE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: TRUE's focus on enhancing tech through AI could spur growth, especially with increased demand in used EVs and recent stock momentum. Mean-reverting tendencies can favor a bullish recovery.




Bearish Case: Volatility and competition in online car platforms pose significant risks, alongside financial instability and the recent downward price trend. The likelihood of continued downturn appears high due to these factors.




Potential Outcomes:

1. 35% chance of growth from AI and EV trends.

2. 40% risk of decline due to volatility.

3. 25% probability of stabilization without movement. Past predictions show mixed accuracy.




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January 30, 2025


Truecar Forecast

TRUE        Truecar











Correlated Assets

Assets that tend to move strongly with TRUE



AMLX Forecast + Options Trading Strategies   AMLX  AMLX (0.79)


CG Forecast + Options Trading Strategies   CG  Carlyle (0.74)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.74)


DBX Forecast + Options Trading Strategies   DBX  Dropbox (0.73)


TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (0.7)



Uncorrelated Assets

Assets with little price relationship to TRUE



HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (0.01)


IRBT Forecast + Options Trading Strategies   IRBT  Irobot (0.01)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (0.01)


WSC Forecast + Options Trading Strategies   WSC  WillScot Mobile Mini (0.01)


MFA Forecast + Options Trading Strategies   MFA  MFA Financial (0.01)



Anticorrelated Assets

Assets that tend to move strongly against TRUE



OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.6)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (-0.6)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.63)


CRON Forecast + Options Trading Strategies   CRON  Cronos (-0.63)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.68)









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