EGO Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: EGO's implied volatility in backwardation and higher call volume suggest opportunities for gains if gold prices stabilize. Historical data show potential for sustained price growth over time.




Bearish Case: High implied volatility and caution from historical price behavior imply risk of downturns, compounded by general market uncertainties and past regulatory challenges.




Potential Outcomes:
  • 30% chance EGO rises due to favorable gold market conditions.
  • 40% chance it remains stable amid existing uncertainties.
  • 30% chance of decline from regulatory or operational challenges.



April 23, 2025


Eldorado Gold Forecast

EGO        Eldorado Gold











Correlated Assets

Assets that tend to move strongly with EGO



UL Forecast + Options Trading Strategies   UL  Unilever (0.73)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.69)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (0.69)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (0.68)


EIX Forecast + Options Trading Strategies   EIX  Edison International (0.68)



Uncorrelated Assets

Assets with little price relationship to EGO



HRI Forecast + Options Trading Strategies   HRI  Herc (0.0)


SATS Forecast + Options Trading Strategies   SATS  EchoStar (-0.0)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (-0.0)


BKE Forecast + Options Trading Strategies   BKE  Buckle (0.01)



Anticorrelated Assets

Assets that tend to move strongly against EGO



TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.58)


DAN Forecast + Options Trading Strategies   DAN  Dana (-0.58)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (-0.59)


HUBS Forecast + Options Trading Strategies   HUBS  HubSpot (-0.61)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.63)









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