CMA Forecast


Bullish Case: Institutional buying and recent profitable acquisitions suggest growth. Historical price action shows resilience. Strategic investments in diverse sectors could propel long-term gains given a stable broader market context.


Bearish Case: High short-term implied volatility indicates near-term risks. Legal issues and high operational costs create headwinds. Current price is down significantly from historical highs, signaling potential continued downward pressure.


Potential Outcomes:

1. Price recovery driven by new investments (30%).

2. Ongoing legal and market volatility depresses stock (50%).

3. Price stability due to mean reversion and dividend appeal (20%).


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June 19, 2024


Comerica Forecast

CMA      Comerica











Correlated Assets

Assets that tend to move strongly with CMA



KRE Forecast + Options Trading Strategies   KRE  SPDR S&P Regional Banking (0.95)


DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (0.92)


ARE Forecast + Options Trading Strategies   ARE  Alexandria Real Estate (0.9)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.89)


DOCU Forecast + Options Trading Strategies   DOCU  DocuSign (0.86)



Uncorrelated Assets

Assets with little price relationship to CMA



BYND Forecast + Options Trading Strategies   BYND  Beyond Meat (-0.0)


MO Forecast + Options Trading Strategies   MO  Altria (-0.0)


AKRO Forecast + Options Trading Strategies   AKRO  Akero Therapeutics (0.0)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (0.01)


MNKD Forecast + Options Trading Strategies   MNKD  Mannkind (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CMA



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.75)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.75)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.77)


REK Forecast + Options Trading Strategies   REK  ProShares Short Real Estate (-0.78)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.78)





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