BGR Forecast


Bullish Case: BGR's likelihood for upside returns is relatively high over short holding periods (<1 year), as seen in the graph. Recent breakthroughs in construction and bio-based materials may drive future growth [bgr.com, bgr.com].


Bearish Case: Long-term returns show a high likelihood of negative performance. Recent price actions suggest mean reversion, potentially capping significant upside in the near term [Helium].


Potential Outcomes:

1. Short to mid-term increase due to technological advancements (45%).

2. Continued mean reversion with minimal price change (35%).

3. Longer-term decline due to historical downtrends (20%) [bgr.com, bgr.com, bgr.com].


Trading Oracle: Sell out-of-the-money call credit spreads expiring in 3 months to leverage short-term mean reversion while minimizing risk. High probability of profit supported by relative likelihood of minimal return shifts, as shown in the graph.


June 30, 2024


Blackrock Energy & Resources Forecast

BGR      Blackrock Energy & Resources











Correlated Assets

Assets that tend to move strongly with BGR



XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.92)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.92)


ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (0.91)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (0.88)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (0.87)



Uncorrelated Assets

Assets with little price relationship to BGR



CYTK Forecast + Options Trading Strategies   CYTK  Cytokinetics (-0.0)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (-0.0)


SNBR Forecast + Options Trading Strategies   SNBR  Sleep Number (-0.0)


APA Forecast + Options Trading Strategies   APA  Apache (0.0)


FNGR Forecast + Options Trading Strategies   FNGR  FingerMotion (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BGR



SAGE Forecast + Options Trading Strategies   SAGE  Sage Therapeutics (-0.74)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.75)


IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (-0.75)


SOXX Forecast + Options Trading Strategies   SOXX  BTC iShares PHLX Semicond (-0.77)


SURG Forecast + Options Trading Strategies   SURG  Surgepays (-0.77)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BGR


 Ask any question about BGR!