Bullish Case: Growing demand for renewable energy and strategic investments such as the Texas Solar Nova project signal upside potential for CWEN as it taps into long-term growth markets.


Bearish Case: Recent stock decline coupled with flat options term structure indicating investor uncertainty may suggest further downside risk amid market skepticism.


Potential Outcomes:

1. Renewables growth driving stock rebound (35%);

2. Further decline from market sentiment (40%);

3. Stagnation with no clear catalyst (25%).


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March 27, 2024


Clearway Energy Forecast

CWEN        Clearway Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CWEN



BEP Forecast + Options Trading Strategies   [BEP]  Brookfield Renewable (0.94)


AES Forecast + Options Trading Strategies   [AES]  AES (0.93)


AY Forecast + Options Trading Strategies   [AY]  Atlantica Sustainable Infrastructure (0.93)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.93)


RICK Forecast + Options Trading Strategies   [RICK]  RCI Hospitality (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to CWEN



SIMO Forecast + Options Trading Strategies   [SIMO]  Silicon Motion Technology (-0.0)


CL Forecast + Options Trading Strategies   [CL]  Colgate-Palmolive (-0.0)


COCO Forecast + Options Trading Strategies   [COCO]  Vita Coco (-0.0)


CASH Forecast + Options Trading Strategies   [CASH]  Meta Financial (-0.0)


TMO Forecast + Options Trading Strategies   [TMO]  Thermo Fisher Scientific (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CWEN



J Forecast + Options Trading Strategies   [J]  Jacobs Engineering Group (-0.81)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (-0.81)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.83)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.85)


TYO Forecast + Options Trading Strategies   [TYO]  Direxion Daily 7-10 Year Treasury Bear 3X Shares (-0.86)





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