ACES Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: The recent increase in ACES's price and decreasing implied volatility suggest a possible bullish sentiment. Positive clean energy developments could further boost prices.




Bearish Case: High historical volatility and recent underperformance highlight risks. Continued market uncertainty and skepticism about clean energy sector sustainability could exert downward pressure.




Potential Outcomes:
  • Mean-reversion (~50%): Stabilizes around $28 due to sector trends.
  • Bearish trend (~30%): Drops below $24 due to uncertainties.
  • Volatility spike (~20%): Regulatory changes trigger movement.



May 20, 2025


ALPS Clean Energy Forecast

ACES        ALPS Clean Energy











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Uncorrelated Assets

Assets with little price relationship to ACES



DNA Forecast + Options Trading Strategies   DNA  Ginkgo Bioworks (0.01)


HSIC Forecast + Options Trading Strategies   HSIC  Henry Schein (-0.02)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (-0.02)


ROK Forecast + Options Trading Strategies   ROK  Rockwell Automation (0.02)


D Forecast + Options Trading Strategies   D  Dominion Energy (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against ACES



BR Forecast + Options Trading Strategies   BR  Broadridge Financial Solutions (-0.79)


VRSN Forecast + Options Trading Strategies   VRSN  Verisign (-0.81)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (-0.82)


PPL Forecast + Options Trading Strategies   PPL  PPL (-0.84)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.86)









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