AI WEX Forecast

Price Forecast:


Bearish<->Bullish


Bullish Case: Given WEX's recent mean-reverting price action and bullish implied volatility, coupled with strategic investments in high-demand sectors, a rebound is likely if the market stabilizes.


Bearish Case: High implied volatility and negative sentiment driven by market uncertainty suggest a possible downturn, especially if broader economic conditions worsen. Recent trading volumes favor puts, indicating bearish sentiment.


Potential Outcomes:

1. 50% chance of a price increase due to stabilization in market conditions.

2. 30% chance of stagnation as market volatility weighs.

3. 20% chance of a sharp decline if macroeconomic pressures intensify.


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September 19, 2024


WEX Forecast

WEX      WEX











Correlated Assets

Assets that tend to move strongly with WEX



ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.88)


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.82)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.8)


CRM Forecast + Options Trading Strategies   CRM  Salesforce.Com (0.8)


PCOR Forecast + Options Trading Strategies   PCOR  Procore (0.8)



Uncorrelated Assets

Assets with little price relationship to WEX



EQR Forecast + Options Trading Strategies   EQR  Equity Residential Properties (-0.0)


BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (0.0)


UHS Forecast + Options Trading Strategies   UHS  Universal Health Services (0.0)


PANW Forecast + Options Trading Strategies   PANW  Palo Alto Networks (0.0)


CPB Forecast + Options Trading Strategies   CPB  Campbell Soup (0.0)



Anticorrelated Assets

Assets that tend to move strongly against WEX



BILI Forecast + Options Trading Strategies   BILI  Bilibili (-0.59)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.59)


APD Forecast + Options Trading Strategies   APD  Air Products & Chemicals (-0.61)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.61)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.68)









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