Back

Bullish Case: Groupon's recent insider buying, incremental positive AI price forecast, and a price-to-book ratio of 2.7 suggest a potential for value-driven growth.


Bearish Case: Downward price action in the past 90 days and the historical trend of volatile yet predominantly negative returns indicate potential continued decline.


Potential Outcomes:

1) GRPN goes bullish as market optimism picks up (35%).

2) GRPN stagnates amidst market skepticism (40%).

3) GRPN drops on failure to improve fundamentals (25%).


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


April 12, 2024


Groupon Forecast

GRPN        Groupon
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GRPN



NWS Forecast + Options Trading Strategies   [NWS]  News (0.83)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (0.83)


AMR Forecast + Options Trading Strategies   [AMR]  Alta Mesa Resources (0.82)


ROST Forecast + Options Trading Strategies   [ROST]  Ross Stores (0.81)


APO Forecast + Options Trading Strategies   [APO]  Apollo (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to GRPN



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


BERY Forecast + Options Trading Strategies   [BERY]  Berry (-0.0)


JWN Forecast + Options Trading Strategies   [JWN]  Nordstrom (0.0)


XPEV Forecast + Options Trading Strategies   [XPEV]  XPeng (-0.01)


PTEN Forecast + Options Trading Strategies   [PTEN]  Patterson-UTI Energy (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GRPN



CAG Forecast + Options Trading Strategies   [CAG]  Conagra Brands (-0.8)


EWH Forecast + Options Trading Strategies   [EWH]  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (-0.8)


MAG Forecast + Options Trading Strategies   [MAG]  MAG Silver (-0.81)


LAC Forecast + Options Trading Strategies   [LAC]  Lithium Americas (-0.81)


BILI Forecast + Options Trading Strategies   [BILI]  Bilibili (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!