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Bullish Case: Recent beat on Q4 EPS, with steady user growth and improved operational efficiency, suggests an uprising despite historical downtrends and potential for strategic growth initiatives.


Bearish Case: Long-term price decline, significant drops from peaks, ongoing selling by Mitsubishi UFJ, and neutral AI forecasts indicate enduring challenges and potential further downside.


Potential Outcomes:

1. 40% chance of mild rebound over next quarter as market absorbs Q4 earnings beat.

2. 35% chance of continued decline amid historical negativity.

3. 25% chance of volatility around $30 as Helium identifies trading opportunities.


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March 27, 2024


JOYY Forecast

YY        JOYY
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with YY



CQP Forecast + Options Trading Strategies   [CQP]  Cheniere Energy (0.82)


TIGR Forecast + Options Trading Strategies   [TIGR]  UP Fintech (0.81)


LNG Forecast + Options Trading Strategies   [LNG]  Cheniere Energy (0.8)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (0.78)


EQNR Forecast + Options Trading Strategies   [EQNR]  Equinor ASA - (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to YY



U Forecast + Options Trading Strategies   [U]  Unity Software (-0.0)


WFC Forecast + Options Trading Strategies   [WFC]  Wells Fargo (0.0)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.0)


DHI Forecast + Options Trading Strategies   [DHI]  D.R. Horton (-0.0)


IRBT Forecast + Options Trading Strategies   [IRBT]  Irobot (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against YY



PRPH Forecast + Options Trading Strategies   [PRPH]  ProPhase Labs (-0.77)


CLX Forecast + Options Trading Strategies   [CLX]  Clorox (-0.77)


HOLX Forecast + Options Trading Strategies   [HOLX]  Hologic (-0.78)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (-0.79)


LXRX Forecast + Options Trading Strategies   [LXRX]  Lexicon Pharmaceuticals (-0.8)





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