ACES Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Potential regulatory support and higher clean energy sentiment may drive ACES towards mean-reversion to $30, benefiting from lower volatility.




Bearish Case: High implied volatility at low strike prices indicates market uncertainty. Historical trends suggest a strong possibility of continued price decline below $20.




Potential Outcomes:
  • Mean reversion to $25 (40%) if market stabilizes.
  • Decline below $20 (30%) due to volatility.
  • Short-term spike above $28 (30%) with positive news.



April 19, 2025


ALPS Clean Energy Forecast

ACES        ALPS Clean Energy











Correlated Assets

Assets that tend to move strongly with ACES



NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (0.92)


KURA Forecast + Options Trading Strategies   KURA  Kura Oncology (0.92)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (0.91)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.91)


CDW Forecast + Options Trading Strategies   CDW  CDW (0.89)



Uncorrelated Assets

Assets with little price relationship to ACES



HSIC Forecast + Options Trading Strategies   HSIC  Henry Schein (-0.01)


EA Forecast + Options Trading Strategies   EA  Electronic Arts (0.01)


GKOS Forecast + Options Trading Strategies   GKOS  Glaukos (0.02)


BIP Forecast + Options Trading Strategies   BIP  Brookfield Infrastructure (0.02)


HRI Forecast + Options Trading Strategies   HRI  Herc (0.02)



Anticorrelated Assets

Assets that tend to move strongly against ACES



OUNZ Forecast + Options Trading Strategies   OUNZ  VanEck Merk Gold (-0.8)


AON Forecast + Options Trading Strategies   AON  Aon plc. - (-0.8)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.84)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.87)


OGE Forecast + Options Trading Strategies   OGE  Oge Energy (-0.87)









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