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Bullish Case: Apollo-Panasonic deal indicates sector optimism, expecting robust growth in auto electronic solutions, which could benefit SAH's aftermarket business.


Bearish Case: Recent price dip and historical mean reversion suggest vulnerability. Market skepticism and sector disruptions could pressure SAH further.


Potential Outcomes:

1. Apollo deal elevates sector; SAH up (35%).

2. Market skepticism persists; SAH down (40%).

3. Earnings surprise drives volatility (25%).


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April 09, 2024


Sonic Automotive Forecast

SAH        Sonic Automotive
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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IAT Forecast + Options Trading Strategies   [IAT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.76)


BOH Forecast + Options Trading Strategies   [BOH]  Bank of Hawaii (0.75)


KEY Forecast + Options Trading Strategies   [KEY]  Keycorp (0.75)


LZB Forecast + Options Trading Strategies   [LZB]  La-Z-Boy (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to SAH



SO Forecast + Options Trading Strategies   [SO]  Southern (0.0)


MTCH Forecast + Options Trading Strategies   [MTCH]  Match (-0.01)


XLP Forecast + Options Trading Strategies   [XLP]  Consumer Staples Select Sector SPDR (-0.01)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (0.01)


EBAY Forecast + Options Trading Strategies   [EBAY]  EBay (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SAH



TMV Forecast + Options Trading Strategies   [TMV]  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.66)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.67)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.67)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.71)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.71)





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