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Bullish Case: Strong recovery over five years signals investor confidence, with mean reverting price action suggesting potential upside from current levels amidst a broader travel demand uptick.


Bearish Case: Long-term decline illustrates sustained headwinds in market; current trading levels may reflect overvaluation amid uncertain economic outlook.


Potential Outcomes: 65% chance CPA stabilizes bearing positive travel trends; 35% downward risk from economic strain, competition, or adverse events affecting aviation sector.


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March 30, 2024


Copa Forecast

CPA        Copa
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CPA



DOCN Forecast + Options Trading Strategies   [DOCN]  DigitalOcean (0.83)


ARKG Forecast + Options Trading Strategies   [ARKG]  ARK Investment Management LLC - ARK Genomic Revolution (0.8)


MEG Forecast + Options Trading Strategies   [MEG]  Montrose Environmental (0.8)


EDC Forecast + Options Trading Strategies   [EDC]  Direxion Daily Emerging Markets Bull 3X Sh (0.78)


OPRA Forecast + Options Trading Strategies   [OPRA]  Opera (0.78)



Uncorrelated Stock Forecasts

Assets with little price relationship to CPA



LYB Forecast + Options Trading Strategies   [LYB]  LyondellBasell Industries (-0.0)


BRK.B Forecast + Options Trading Strategies   [BRK.B]  Berkshire Hathaway (-0.0)


AYI Forecast + Options Trading Strategies   [AYI]  Acuity Brands (-0.0)


PCAR Forecast + Options Trading Strategies   [PCAR]  Paccar (0.01)


CINF Forecast + Options Trading Strategies   [CINF]  Cincinnati Financial (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CPA



TDS Forecast + Options Trading Strategies   [TDS]  Telephone And Data Systems (-0.52)


UUUU Forecast + Options Trading Strategies   [UUUU]  Energy Fuels (-0.52)


DLO Forecast + Options Trading Strategies   [DLO]  DLocal (-0.55)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.6)


ARLP Forecast + Options Trading Strategies   [ARLP]  Alliance Resource (-0.77)





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