ENLC Forecast


Bullish Case: ENLC is trading below fundamental value with a positive revenue forecast for 2024, and sector outperformance. Historical returns indicate a likelihood of substantial upside.


Bearish Case: High implied volatility at lower strikes and significant insider selling indicate potential downside risk. Recent performance suggests continued mean reversion.


Potential Outcomes: 40%: Revenue growth boosts stock, 30%: Market correction stabilizes stock, 30%: Negative earnings surprise drives price down.


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


June 30, 2024


EnLink Midstream Forecast

ENLC      EnLink Midstream











Correlated Assets

Assets that tend to move strongly with ENLC



WMB Forecast + Options Trading Strategies   WMB  Williams Cos (0.84)


AM Forecast + Options Trading Strategies   AM  Antero Midstream (0.83)


TRGP Forecast + Options Trading Strategies   TRGP  Targa Resources (0.83)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (0.83)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (0.82)



Uncorrelated Assets

Assets with little price relationship to ENLC



HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.0)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (-0.0)


CPA Forecast + Options Trading Strategies   CPA  Copa (-0.0)


PSA Forecast + Options Trading Strategies   PSA  Public Storage (-0.01)


BND Forecast + Options Trading Strategies   BND  Vanguard Total Bond Market (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ENLC



MBUU Forecast + Options Trading Strategies   MBUU  Malibu Boats (-0.76)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.76)


COO Forecast + Options Trading Strategies   COO  Cooper Companies (-0.76)


CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (-0.76)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.79)





Become a more profitable investor with AI optimized trading strategies






×

Chat with ENLC


 Ask any question about ENLC!