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Bullish Case: Court-ordered FDA decision may trigger approval & spike. Renaissance Technologies' stake shows quant confidence. Tradipitant article signals potential for expanded use.


Bearish Case: Recent insider sales, historical price decline, and flat market response suggest limited investor conviction and continuing bearish sentiment.


Potential Outcomes:

1) FDA approval post-court order: 70%.

2) Tradipitant gains traction: 30%.

3) Generic pressures persist: 90%.

4) Renaissance's move fails to spark rally: 40%.


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March 28, 2024


Vanda Pharmaceuticals Forecast

VNDA        Vanda Pharmaceuticals
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with VNDA



HROW Forecast + Options Trading Strategies   [HROW]  Harrow Health (0.92)


SKIN Forecast + Options Trading Strategies   [SKIN]  Beauty Health Company (The) (0.89)


CDMO Forecast + Options Trading Strategies   [CDMO]  Avid Bioservices (0.89)


BMY Forecast + Options Trading Strategies   [BMY]  Bristol-Myers Squibb (0.88)


NVCR Forecast + Options Trading Strategies   [NVCR]  NovoCure (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to VNDA



FIVN Forecast + Options Trading Strategies   [FIVN]  Five9 (0.0)


SG Forecast + Options Trading Strategies   [SG]  Sweetgreen (0.0)


NCLH Forecast + Options Trading Strategies   [NCLH]  Norwegian Cruise Line (0.0)


UCTT Forecast + Options Trading Strategies   [UCTT]  Ultra Clean Hldgs (-0.0)


UAA Forecast + Options Trading Strategies   [UAA]  Under Armour (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against VNDA



UEC Forecast + Options Trading Strategies   [UEC]  Uranium Energy (-0.84)


CBOE Forecast + Options Trading Strategies   [CBOE]  Cboe Global Markets (-0.84)


URNM Forecast + Options Trading Strategies   [URNM]  North Shore Global Uranium Mining (-0.85)


CCJ Forecast + Options Trading Strategies   [CCJ]  Cameco (-0.87)


AKAM Forecast + Options Trading Strategies   [AKAM]  Akamai (-0.88)





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