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Bullish Case: Positive short-term price movement from 60 days ago, low trading volume may signal a potential upside breakout, price to book ratio at 2.0 indicates modest valuation.


Bearish Case: Price decline from five years ago, term structure in flat implying lack of strong future directional belief, Helium AI forecast only shows 0.1% increase.


Potential Outcomes:

1. Short-term bounce due to mean reversion (50%).

2. Prolonged downtrend from past high (-15%).

3. Sideways movement due to flat IV term structure (35%).


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April 09, 2024


Fox Corporation - Forecast

FOXA        Fox Corporation -
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FOXA



WHR Forecast + Options Trading Strategies   [WHR]  Whirlpool (0.84)


CRNC Forecast + Options Trading Strategies   [CRNC]  Cerence (0.82)


PAYC Forecast + Options Trading Strategies   [PAYC]  Paycom Software (0.81)


HTZ Forecast + Options Trading Strategies   [HTZ]  Hertz Global Holdings (0.78)


INSE Forecast + Options Trading Strategies   [INSE]  Inspired Entertainment (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to FOXA



WRBY Forecast + Options Trading Strategies   [WRBY]  Warby Parker (-0.0)


PEG Forecast + Options Trading Strategies   [PEG]  Public Service Enterprise (0.0)


UNM Forecast + Options Trading Strategies   [UNM]  Unum (-0.0)


XES Forecast + Options Trading Strategies   [XES]  SPDR Series Trust - SPDR Oil & Gas Equipment and Services (0.0)


CTRA Forecast + Options Trading Strategies   [CTRA]  Coterra Energy (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FOXA



EDU Forecast + Options Trading Strategies   [EDU]  New Oriental Education & Technology Group Inc. - (-0.72)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.73)


TAL Forecast + Options Trading Strategies   [TAL]  TAL Education (-0.75)


LOGI Forecast + Options Trading Strategies   [LOGI]  Logitech International (-0.76)


LRN Forecast + Options Trading Strategies   [LRN]  Stride (-0.77)





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