Back

Bullish Case: Q3 beats and CEO optimism, supported by strong affordable housing demand, may drive SKY's growth despite macro headwinds.


Bearish Case: Economic instability and rising interest rates could pressure SKY, compounded by recent price declines signaling potential correction.


Potential Outcomes:

1. Earnings exceed forecasts, increasing stock by 10% (30% probability)

2. Market corrects, SKY drops 10% (40% probability)

3. SKY follows historical mean reversion, stable price (30% probability).


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


April 04, 2024


Skyline Champion Forecast

SKY        Skyline Champion
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SKY



XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.87)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (0.87)


POST Forecast + Options Trading Strategies   POST  Post (0.86)


VGK Forecast + Options Trading Strategies   VGK  Vanguard FTSE Europe (0.86)


IEFA Forecast + Options Trading Strategies   IEFA  BTC iShares Core MSCI EAF (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to SKY



PRFT Forecast + Options Trading Strategies   PRFT  Perficient (-0.0)


TITN Forecast + Options Trading Strategies   TITN  Titan Machinery (-0.0)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.01)


LFST Forecast + Options Trading Strategies   LFST  LifeStance Health (-0.01)


SNCY Forecast + Options Trading Strategies   SNCY  Sun Country Airlines (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SKY



SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.73)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.73)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.73)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.76)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.76)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SKY


 Ask me any question!