ACES Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: ACES's implied volatility for higher strikes is increasing, suggesting a potential positive sentiment. Clean energy growth and regulatory support may drive a rebound.




Bearish Case: High implied volatility at lower price levels signals market uncertainty. Historical data indicates persistent downward pressure; economic challenges could exacerbate declines.




Potential Outcomes:

1. Price stabilizes around $25 (50%): Driven by mean-reversion trends and sector support.

2. Continued decline below $20 (30%): Economic challenges and market volatility sustain bearish pressure.

3. Short-term spikes above $28 (20%): Positive regulatory or market news triggers temporary increase.



March 21, 2025


ALPS Clean Energy Forecast

ACES        ALPS Clean Energy











Correlated Assets

Assets that tend to move strongly with ACES



ST Forecast + Options Trading Strategies   ST  Sensata (0.86)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.86)


NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (0.82)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (0.81)


TDW Forecast + Options Trading Strategies   TDW  Tidewater Inc. - New (0.79)



Uncorrelated Assets

Assets with little price relationship to ACES



LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (-0.0)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.01)


DOC Forecast + Options Trading Strategies   DOC  Physicians Realty (-0.01)


EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (0.01)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ACES



V Forecast + Options Trading Strategies   V  Visa (-0.65)


BYRN Forecast + Options Trading Strategies   BYRN  Byrna (-0.66)


BKSY Forecast + Options Trading Strategies   BKSY  BlackSky Technology (-0.66)


PPC Forecast + Options Trading Strategies   PPC  Pilgrim's Pride (-0.66)


DRI Forecast + Options Trading Strategies   DRI  Darden Restaurants (-0.68)









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