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Bullish Case: Founder-led resurgence instills market confidence. Plank's return could catalyze cultural transformation, restoring UA’s innovation-focused roots and reigniting growth.


Bearish Case: Recent downtrends and executive instability overshadow Plank's return. Prolonged brand fatigue, competitive pressures, and consumer sentiment may continue to erode value.


Potential Outcomes:

1. Plank reinvigorates brand, driving bullish sentiment and stock recovery (30%).

2. Persistent declines in consumer demand lead to further stock erosion (40%).

3. Stagnation takes hold with no immediate turnaround impact (30%).


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April 02, 2024


Under Armour Forecast

UA        Under Armour
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with UA



UAA Forecast + Options Trading Strategies   [UAA]  Under Armour (0.96)


VSCO Forecast + Options Trading Strategies   [VSCO]  Victoria's Secret (0.84)


BUD Forecast + Options Trading Strategies   [BUD]  Anheuser-Busch (0.79)


AMT Forecast + Options Trading Strategies   [AMT]  American Tower (0.78)


MUB Forecast + Options Trading Strategies   [MUB]  BlackRock Institutional Trust Company N.A. - iShares National Muni Bond (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to UA



ALK Forecast + Options Trading Strategies   [ALK]  Alaska Air (-0.0)


LLAP Forecast + Options Trading Strategies   [LLAP]  Terran Orbital Corp (0.0)


CSIQ Forecast + Options Trading Strategies   [CSIQ]  Canadian Solar (-0.0)


BXMT Forecast + Options Trading Strategies   [BXMT]  Blackstone Mortgage (-0.0)


IRBT Forecast + Options Trading Strategies   [IRBT]  Irobot (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against UA



SLCA Forecast + Options Trading Strategies   [SLCA]  U.S. Silica (-0.57)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.66)


CELH Forecast + Options Trading Strategies   [CELH]  Celsius (-0.66)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.67)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.68)





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