AI EQR Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: After recent market resilience, EQR could see a continued uptick as demand stabilizes alongside decreasing implied volatility projections across short-term options. Analysts are optimistic, suggesting price holds above $75 with a potential rally supported by favorable market conditions.


Bearish Case: Given the substantial percentage of put options traded and a weakening economic outlook, EQR may face downward pressure. Market hesitance around future earnings and potential structural issues could lead to further corrections towards significant support levels around $70.


Potential Outcomes:

1) Continued bullish momentum to $80 (40% chance).

2) Sideways trading around $75 due to market uncertainty (30% chance).

3) Decline to $70 support due to negative sentiment (30% chance).


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September 10, 2024


Equity Residential Properties Forecast

EQR      Equity Residential Properties











Correlated Assets

Assets that tend to move strongly with EQR



AVB Forecast + Options Trading Strategies   AVB  Avalonbay Communities (0.98)


SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.96)


TPB Forecast + Options Trading Strategies   TPB  Turning Point Brands (0.96)


IIPR Forecast + Options Trading Strategies   IIPR  Innovative Industrial Properties (0.96)


CVNA Forecast + Options Trading Strategies   CVNA  Carvana (0.96)



Uncorrelated Assets

Assets with little price relationship to EQR



HST Forecast + Options Trading Strategies   HST  Host Hotels & Resorts (0.0)


KHC Forecast + Options Trading Strategies   KHC  Kraft Heinz (-0.0)


MDLZ Forecast + Options Trading Strategies   MDLZ  Mondelez International (-0.0)


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


NYCB Forecast + Options Trading Strategies   NYCB  New York Community Bancorp (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against EQR



GLL Forecast + Options Trading Strategies   GLL  ProShares UltraShort Gold (-0.9)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.91)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.92)





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