WCN Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: WCN's historical resilience and low implied volatility suggest a solid upside potential. With a bullish sentiment indicated by higher call volume and expected earnings growth from industry demand, the stock may experience positive price movement.




Bearish Case: Despite potential growth, WCN faces risks from high valuation metrics (P/B ratio of 5.1) and market volatility, alongside insider selling, which may pressure prices downward, leading to short-term corrections.




Potential Outcomes:

1. 40% chance of stable growth, driven by ongoing market demand.

2. 30% probability of continued flat trading, influenced by current uncertainty.

3. 20% chance of a downward price correction, due to external market pressures.

4. 10% chance for significant market rebound as demand grows.




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November 03, 2024


Waste Connections Forecast

WCN        Waste Connections











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Anticorrelated Assets

Assets that tend to move strongly against WCN



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SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.93)


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SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)









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