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Bullish Case: Despite historical underperformance, mean reversion and RGR's current low valuation offer potential upside. A shift in industry sentiment could lead to a rally.


Bearish Case: Continued long-term decline, a current bearish price forecast, and low trading volumes point to persisting downside risk and bearish sentiment.


Potential Outcomes: A short-term dip with 60% probability due to bearish AI forecast; possibility of a 30% uptick tied to market changes; 10% chance for a downturn below historical support levels.


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April 11, 2024


Sturm, Ruger & Co. Forecast

RGR        Sturm, Ruger & Co.
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with RGR



FNV Forecast + Options Trading Strategies   [FNV]  Franco-Nevada (0.85)


STAA Forecast + Options Trading Strategies   [STAA]  Staar Surgical (0.84)


HROW Forecast + Options Trading Strategies   [HROW]  Harrow Health (0.84)


SKIN Forecast + Options Trading Strategies   [SKIN]  Beauty Health Company (The) (0.83)


ZTO Forecast + Options Trading Strategies   [ZTO]  ZTO Express (Cayman) (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to RGR



SANM Forecast + Options Trading Strategies   [SANM]  Sanmina (0.0)


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


OPCH Forecast + Options Trading Strategies   [OPCH]  Option Care Health Inc. - Registered Shares (-0.0)


XLE Forecast + Options Trading Strategies   [XLE]  Energy Select Sector SPDR (-0.01)


BBY Forecast + Options Trading Strategies   [BBY]  Best Buy (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RGR



NOW Forecast + Options Trading Strategies   [NOW]  ServiceNow (-0.82)


AKAM Forecast + Options Trading Strategies   [AKAM]  Akamai (-0.83)


WDAY Forecast + Options Trading Strategies   [WDAY]  Workday (-0.83)


CABA Forecast + Options Trading Strategies   [CABA]  Cabaletta Bio (-0.85)


AFRM Forecast + Options Trading Strategies   [AFRM]  Affirm (-0.86)





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