APD Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Strong hydrogen initiatives and robust ESG investments position APD for growth, alongside favorable market sentiment with higher call option volumes.




Bearish Case: High valuation metrics and backwardation in implied volatility suggest investor wariness, amplified by recent price declines and uncertain market conditions.




Potential Outcomes:
  • 60% chance of growth driven by hydrogen initiatives.
  • 30% chance valuation constraints slow growth.
  • 10% chance market volatility impacts price.



April 25, 2025


Air Products & Chemicals Forecast

APD        Air Products & Chemicals











Correlated Assets

Assets that tend to move strongly with APD



VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.91)


DGRO Forecast + Options Trading Strategies   DGRO  iShares Core Dividend Growth (0.91)


VTV Forecast + Options Trading Strategies   VTV  Vanguard Value (0.91)


GIL Forecast + Options Trading Strategies   GIL  Gildan Activewear (0.9)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.88)



Uncorrelated Assets

Assets with little price relationship to APD



SEE Forecast + Options Trading Strategies   SEE  Sealed Air (0.0)


FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (-0.01)


HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (-0.01)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.01)


TRI Forecast + Options Trading Strategies   TRI  Thomson-Reuters (0.02)



Anticorrelated Assets

Assets that tend to move strongly against APD



UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.71)


EC Forecast + Options Trading Strategies   EC  Ecopetrol SA (-0.73)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.75)


DG Forecast + Options Trading Strategies   DG  Dollar General (-0.81)


SPDN Forecast + Options Trading Strategies   SPDN  Direxion Daily S&P 500 Bear 1X Shares (-0.85)









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