Back

Bullish Case: Increased implied volatility hints at possible price swings, presenting potential opportunities for gains if external factors drive a turnaround in BGFV's performance.


Bearish Case: Multiple downgrades, unsustainable dividends, and recent performance signify continued strain, suggesting a likely downward trend in BGFV's stock price.


Potential Outcomes:

1) Dividend cut (~70% chance) stresses the stock further.

2) Turnaround plans success (~20% chance) boosts investor confidence and price.

3) Acquisition rumors (~10% chance) create speculative buying.


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


April 11, 2024


Big 5 Sporting Goods Forecast

BGFV        Big 5 Sporting Goods
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BGFV



AMRC Forecast + Options Trading Strategies   [AMRC]  Ameresco (0.94)


LAZR Forecast + Options Trading Strategies   [LAZR]  Luminar (0.93)


QCLN Forecast + Options Trading Strategies   [QCLN]  First Trust Nasdaq Clean Edge Green Energy Index (0.93)


LIT Forecast + Options Trading Strategies   [LIT]  Global X Lithium & Battery Tech (0.92)


PRTA Forecast + Options Trading Strategies   [PRTA]  Prothena (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to BGFV



HASI Forecast + Options Trading Strategies   [HASI]  Hannon Armstrong Sustainable Infrastructure (0.0)


ISRA Forecast + Options Trading Strategies   [ISRA]  VanEck ETF Trust - VanEck Israel (0.0)


HSBC Forecast + Options Trading Strategies   [HSBC]  HSBC (0.0)


CMCSA Forecast + Options Trading Strategies   [CMCSA]  Comcast (0.0)


ALIT Forecast + Options Trading Strategies   [ALIT]  Alight Inc. - (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BGFV



STNG Forecast + Options Trading Strategies   [STNG]  Scorpio Tankers (-0.89)


VST Forecast + Options Trading Strategies   [VST]  Vistra (-0.89)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.9)


CB Forecast + Options Trading Strategies   [CB]  Chubb (-0.91)


LRN Forecast + Options Trading Strategies   [LRN]  Stride (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!