AI DVOL Forecast


Bullish Case: A favorable macroeconomic outlook and potential ETF inflows could drive DVOL upwards. The implied volatility suggests strong market sentiment of a price rebound towards $35 with potential catalysts in the next quarter.


Bearish Case: High implied volatility indicates uncertainty, which may translate to downside risks, especially if market sentiment shifts negatively due to macroeconomic factors, pushing prices below $30, impacting option premiums and demand.


Potential Outcomes:

1. Price rise to $35: 40% chance due to positive trends.

2. Price flat around $30: 30% chance due to existing stability.

3. Price drop below $28: 30% chance from elevated volatility pressure.


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August 14, 2024


First Trust Exchange-Traded Fund VI - First Trust Dorsey Wright Momentum & Low Volatility Forecast

DVOL      First Trust Exchange-Traded Fund VI - First Trust Dorsey Wright Momentum & Low Volatility











Correlated Assets

Assets that tend to move strongly with DVOL



VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.99)


XLF Forecast + Options Trading Strategies   XLF  Financial Select Sector SPDR (0.99)


HIG Forecast + Options Trading Strategies   HIG  Hartford Financial Services (0.98)


SPLV Forecast + Options Trading Strategies   SPLV  Invesco S&P 500 Low Volatility (0.98)


JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.98)



Uncorrelated Assets

Assets with little price relationship to DVOL



WDAY Forecast + Options Trading Strategies   WDAY  Workday (-0.0)


HSY Forecast + Options Trading Strategies   HSY  Hershey (0.01)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (0.01)


NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (0.01)


IMAX Forecast + Options Trading Strategies   IMAX  Imax (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against DVOL



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.94)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.94)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.97)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.98)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.98)





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