Bullish Case: Dividend consistency, favorable regulatory landscape, and strategic exits from unregulated businesses position ES for stability, signaling growth potential.


Bearish Case: Market skepticism reflected by low trading volume and underperformance, combined with recent insider selling, hint at a continuous downtrend.


Potential Outcomes: 67% probability of profit from selling short volatility; mean-reverting price action with short-term bearish bias, aligning with Helium's model.


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April 02, 2024


Eversource Energy Forecast

ES        Eversource Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ES



BKH Forecast + Options Trading Strategies   BKH  Black Hills (0.95)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.94)


NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.91)


D Forecast + Options Trading Strategies   D  Dominion Energy (0.91)


WEC Forecast + Options Trading Strategies   WEC  WEC Energy (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to ES



MCHP Forecast + Options Trading Strategies   MCHP  Microchip Technology (-0.0)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (0.0)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (-0.0)


BAND Forecast + Options Trading Strategies   BAND  Bandwidth (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ES



URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (-0.78)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.78)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.78)


PRDO Forecast + Options Trading Strategies   PRDO  Perdoceo Education (-0.81)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.84)





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