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Bullish Case: Insider buying suggests confidence, and with a mean-reverting history plus outsider bullish sentiment, a recovery may be brewing despite recent underperformance.


Bearish Case: Recent missed earnings, asset management divestiture, and consistent price declines point to structural issues, casting doubts on near-term recovery prospects.


Potential Outcomes:

1) Stabilization due to inside confidence: 30%;

2) Decline on operational struggle: 35%;

3) Rally on unexpected positive news: 20%;

4) Lateral movement: 15%.


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April 11, 2024


Red Robin Gourmet Burgers Forecast

RRGB        Red Robin Gourmet Burgers
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with RRGB



JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (0.93)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.92)


NOVA Forecast + Options Trading Strategies   [NOVA]  Sunnova Energy International (0.92)


HE Forecast + Options Trading Strategies   [HE]  Hawaiian Electric Industries (0.91)


PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to RRGB



WGO Forecast + Options Trading Strategies   [WGO]  Winnebago Industries (0.0)


SIGA Forecast + Options Trading Strategies   [SIGA]  SIGA (0.0)


LU Forecast + Options Trading Strategies   [LU]  Lufax Holding Ltd (-0.0)


UWM Forecast + Options Trading Strategies   [UWM]  ProShares Ultra Russell2000 (0.0)


BCS Forecast + Options Trading Strategies   [BCS]  Barclays (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RRGB



FANG Forecast + Options Trading Strategies   [FANG]  Diamondback Energy (-0.83)


SU Forecast + Options Trading Strategies   [SU]  Suncor Energy (-0.85)


FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (-0.86)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.86)


IMO Forecast + Options Trading Strategies   [IMO]  Imperial Oil (-0.86)





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