Back

Bullish Case: NCNO's strategic acquisitions, such as the recent DocFox deal, improve its competitive edge in fintech, potentially enhancing long-term earnings and driving share performance in a recovering market segment.


Bearish Case: Persistent insider selling and underwhelming price performance signal potential underlying issues that could impair investor confidence and financial stability, leading to further declines in NCNO's stock price.


Potential Outcomes:

1. Strategic acquisitions lift earnings, enhancing investor confidence: 40% likelihood.

2. Insider selling leads to a price drop: 35% chance.

3. Neutral market reaction maintains flat performance: 25% probability.


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


April 26, 2024


Ncino Forecast

NCNO        Ncino
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NCNO



LNC Forecast + Options Trading Strategies   LNC  Lincoln National (0.76)


SNX Forecast + Options Trading Strategies   SNX  TD Synnex (0.73)


XME Forecast + Options Trading Strategies   XME  SPDR Metals & Mining (0.72)


APAM Forecast + Options Trading Strategies   APAM  Artisan Partners Asset (0.71)


BX Forecast + Options Trading Strategies   BX  Blackstone (0.7)



Uncorrelated Stock Forecasts

Assets with little price relationship to NCNO



SO Forecast + Options Trading Strategies   SO  Southern (0.0)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (-0.0)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.0)


HAS Forecast + Options Trading Strategies   HAS  Hasbro (-0.0)


IRTC Forecast + Options Trading Strategies   IRTC  iRhythm (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NCNO



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.61)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.62)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.62)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.62)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.63)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NCNO


 Ask me any question!