WM Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Positive earnings growth (90% YoY profit increase) and strong revenue growth signal robust demand for WM services, positioning the company well amidst sustainability trends, supporting a bullish outlook.




Bearish Case: Potential regulatory challenges and increased competition could pressure margins, compounded by market volatility and stagnating demand growth, nurturing a bearish sentiment.




Potential Outcomes: A 50% chance of continued earnings growth supported by sustainable initiatives, a 30% chance of regulatory costs increasing, and a 20% chance of significant competition impacting profitability.




Trading Oracle: Adopt a bullish strategy by selling 1 $210.0 strike put and buying 2 $200.0 puts expiring in 14 days. This offers a high probability of profit (78%), capitalizing on current market sentiment and WM's positive growth outlook.



November 03, 2024


Waste Management Forecast

WM        Waste Management











Correlated Assets

Assets that tend to move strongly with WM



C Forecast + Options Trading Strategies   C  Citigroup (0.8)


ET Forecast + Options Trading Strategies   ET  Energy Transfer LP (0.78)


CRBG Forecast + Options Trading Strategies   CRBG  SAFG Retirement Services (0.76)


PRU Forecast + Options Trading Strategies   PRU  Prudential Financial (0.76)


MIDU Forecast + Options Trading Strategies   MIDU  Direxion Daily Mid Cap Bull 3x Shares (0.75)



Uncorrelated Assets

Assets with little price relationship to WM



SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (0.0)


HDB Forecast + Options Trading Strategies   HDB  HDFC (-0.0)


TM Forecast + Options Trading Strategies   TM  Toyota Motor (0.0)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (-0.01)


COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against WM



UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.68)


FLGT Forecast + Options Trading Strategies   FLGT  Fulgent Genetics (-0.68)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.71)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.72)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.72)









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