Bullish Case: AQN outperformed post-earnings with a positive EPS beat, an experienced interim CEO, and stable dividends signal potential for turnaround and investor confidence boost.


Bearish Case: Recent institutional sales and a negative price forecast by HeliumTrades AI alongside a mean-reverting historical pattern suggest potential for continued underperformance.


Potential Outcomes: 60% stabilization due to positive earnings beat and new leadership; 20% further dip from sector volatility; 10% gain from increased institutional investments; 10% sideways due to market hesitance.


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April 10, 2024


Algonquin Power & Utilities Forecast

AQN        Algonquin Power & Utilities
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











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EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.95)


ES Forecast + Options Trading Strategies   ES  Eversource Energy (0.94)


NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.93)


AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.93)


NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to AQN



HPE Forecast + Options Trading Strategies   HPE  Hewlett Packard Enterprise (-0.0)


XYL Forecast + Options Trading Strategies   XYL  Xylem (0.0)


CIVI Forecast + Options Trading Strategies   CIVI  Civitas Resources Inc New (0.0)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (0.0)


IEFA Forecast + Options Trading Strategies   IEFA  BTC iShares Core MSCI EAF (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AQN



TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.77)


CME Forecast + Options Trading Strategies   CME  CME (-0.77)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.79)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.8)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.85)





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