CTR Forecast


Bullish Case: CTR has shown significant recovery movements over the past two years and a 29.3% gain over the last year, coupled with mean-reverting behavior. This suggests possible continued upward trends.


Bearish Case: Negative performance over the past decade (-66.2%) implies potential long-term challenges. The historical correlation of -0.2 with price forecasts and recent lackluster short-term performance are concerning.


Potential Outcomes:

1. Further mean reversion leading to mild gains (45%)

2. Price stagnation near current levels (30%)

3. Extended bearish trend due to macroeconomic factors (25%)


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 29, 2024


ClearBridge MLP and Midstream Total Return Forecast

CTR      ClearBridge MLP and Midstream Total Return











Correlated Assets

Assets that tend to move strongly with CTR



JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.97)


XLF Forecast + Options Trading Strategies   XLF  Financial Select Sector SPDR (0.97)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.96)


APH Forecast + Options Trading Strategies   APH  Amphenol (0.96)


GS Forecast + Options Trading Strategies   GS  Goldman Sachs Group (0.96)



Uncorrelated Assets

Assets with little price relationship to CTR



BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.0)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (-0.0)


LH Forecast + Options Trading Strategies   LH  Laboratory Corp. Of America (-0.0)


CLX Forecast + Options Trading Strategies   CLX  Clorox (-0.0)


TWLO Forecast + Options Trading Strategies   TWLO  Twilio (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CTR



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.91)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.92)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.95)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CTR


 Ask any question about CTR!