Bullish Case: AR's strong historical performance, recent price increase, and significant bullish risk outweighing bearish potential signals continued growth.


Bearish Case: Insider sales, a flat term structure, and only a marginal AR Helium versus market implied volatility difference suggest potential downside risks.


Potential Outcomes: There's a 60% chance AR will continue its upward trajectory, leveraging recent gains. 30% probability of correction due to market uncertainties. 10% chance remains neutral.


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April 16, 2024


Antero Resources Forecast

AR        Antero Resources
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with AR



CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.93)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.92)


MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (0.89)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.89)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to AR



QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (0.0)


VIPS Forecast + Options Trading Strategies   VIPS  Vipshop (-0.0)


SA Forecast + Options Trading Strategies   SA  Seabridge Gold (-0.0)


SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.0)


IOT Forecast + Options Trading Strategies   IOT  Samsara (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AR



CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (-0.73)


LW Forecast + Options Trading Strategies   LW  Lamb Weston (-0.73)


PRFT Forecast + Options Trading Strategies   PRFT  Perficient (-0.77)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.81)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.87)





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