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Bullish Case: Mean reversion trend and recent uptick from a week ago indicate potential for recovery. Helium AI neutral price forecast could preempt market sentiment shift.


Bearish Case: Recent price declines over varying intervals suggest bearish momentum. Flat term structure and high volatility signal persistent market uncertainty.


Potential Outcomes:

1. Short-term rebound (40%): Mean reversion behavior continues.

2. Ongoing bearish trend (30%): No catalytic news, investor sentiment remains low.

3. Surprise bullish news (30%): Unforeseen positive development.


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March 23, 2024


Registered Shares Forecast

BMRN        Registered Shares
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BMRN



CHGG Forecast + Options Trading Strategies   [CHGG]  Chegg (0.72)


LH Forecast + Options Trading Strategies   [LH]  Laboratory Corp. Of America (0.66)


REXR Forecast + Options Trading Strategies   [REXR]  Rexford Industrial Realty (0.64)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (0.62)


KIRK Forecast + Options Trading Strategies   [KIRK]  Kirkland's (0.62)



Uncorrelated Stock Forecasts

Assets with little price relationship to BMRN



EYPT Forecast + Options Trading Strategies   [EYPT]  EyePoint Pharmaceuticals (0.0)


ELAN Forecast + Options Trading Strategies   [ELAN]  Elanco Animal Health (-0.0)


SNA Forecast + Options Trading Strategies   [SNA]  Snap-on (-0.0)


UVIX Forecast + Options Trading Strategies   [UVIX]  VS Trust - 2x Long VIX Futures (0.0)


RDNT Forecast + Options Trading Strategies   [RDNT]  Radnet (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BMRN



TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.55)


OHI Forecast + Options Trading Strategies   [OHI]  Omega Healthcare Investors (-0.55)


DBA Forecast + Options Trading Strategies   [DBA]  Invesco DB Agriculture (-0.55)


DBI Forecast + Options Trading Strategies   [DBI]  Designer Brands (-0.59)


ACGL Forecast + Options Trading Strategies   [ACGL]  Arch (-0.61)





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