APD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: APD shows resilience amid flat recent performance; bullish sentiment is supported by ongoing hydrogen investments aligning with ESG trends, potentially elevating future price momentum despite current stagnation.




Bearish Case: A high price-to-book ratio of 4.0 and recent price flattening indicate potential overvaluation risk. Market volatility remains a concern, preventing significant upside in the near term.




Potential Outcomes:

1. 60% - Continued growth driven by hydrogen focus;

2. 25% - Stagnation due to high valuation;

3. 15% - Downside from external economic factors impacting market conditions.




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November 19, 2024


Air Products & Chemicals Forecast

APD        Air Products & Chemicals











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Assets that tend to move strongly with APD



SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.87)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.79)


KTOS Forecast + Options Trading Strategies   KTOS  Kratos Defense & Security (0.79)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.78)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.78)



Uncorrelated Assets

Assets with little price relationship to APD



EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (-0.0)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.0)


SUM Forecast + Options Trading Strategies   SUM  Summit Materials (-0.01)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.01)


OGN Forecast + Options Trading Strategies   OGN  Organon (0.01)



Anticorrelated Assets

Assets that tend to move strongly against APD



AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.79)


BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (-0.79)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (-0.79)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (-0.8)


FDMT Forecast + Options Trading Strategies   FDMT  4D Molecular Therapeutics (-0.85)









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