Bullish Case: CNP shows resilience and strategic growth with a bullish risk disparity. Incremental improvement in price action could lead to appreciation.


Bearish Case: Persisting community concerns and recent negative price movements suggest potential headwinds and price pressure on CNP.


Potential Outcomes:

1. Positive sentiment yields moderate price growth (30%).

2. Community relations worsen, affecting stock negatively (25%).

3. Stagnation leads to flat price action (45%).


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April 09, 2024


Centerpoint Energy Forecast

CNP        Centerpoint Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CNP



XLU Forecast + Options Trading Strategies   [XLU]  Utilities Select Sector SPDR (0.89)


WTRG Forecast + Options Trading Strategies   [WTRG]  Essential Utilities (0.88)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.88)


AES Forecast + Options Trading Strategies   [AES]  AES (0.88)


ED Forecast + Options Trading Strategies   [ED]  Consolidated Edison (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to CNP



IAT Forecast + Options Trading Strategies   [IAT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (-0.0)


KOLD Forecast + Options Trading Strategies   [KOLD]  ProShares UltraShort Bloomberg Natural Gas (-0.0)


OSCR Forecast + Options Trading Strategies   [OSCR]  Oscar Health (-0.0)


CRI Forecast + Options Trading Strategies   [CRI]  Carters (0.01)


KRE Forecast + Options Trading Strategies   [KRE]  SPDR S&P Regional Banking (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CNP



J Forecast + Options Trading Strategies   [J]  Jacobs Engineering Group (-0.65)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.76)


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


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.78)


EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.8)





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