AI ESP Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Increased demand from urban infrastructure projects and stable historical returns suggest ESP could recover, potentially hitting above 15% returns over the next two years, bolstered by favorable policy announcements.


Bearish Case: Weak macroeconomic indicators and persistent mean reversion may drive ESP lower, potentially seeing returns dip below -2% if broader market trends continue to weigh heavily.


Potential Outcomes:

1. +15% return if key contracts are announced (30%).

2. -5% decline on market disruption (25%).

3. +8% gain due to infrastructure demand (20%).

4. -2% stagnation if macro trends persist (25%).


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August 28, 2024


Espey Manufacturing & Electronics Forecast

ESP      Espey Manufacturing & Electronics











Correlated Assets

Assets that tend to move strongly with ESP



AGO Forecast + Options Trading Strategies   AGO  Assured Guaranty (0.91)


MA Forecast + Options Trading Strategies   MA  Mastercard Incorporated (0.9)


BYRN Forecast + Options Trading Strategies   BYRN  Byrna (0.9)


SYK Forecast + Options Trading Strategies   SYK  Stryker (0.9)


XPO Forecast + Options Trading Strategies   XPO  XPO Logistics (0.9)



Uncorrelated Assets

Assets with little price relationship to ESP



HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (0.0)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (-0.0)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (0.0)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (0.0)



Anticorrelated Assets

Assets that tend to move strongly against ESP



FLNG Forecast + Options Trading Strategies   FLNG  Flex Lng (-0.82)


HLF Forecast + Options Trading Strategies   HLF  Herbalife Nutrition (-0.82)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.83)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.84)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.86)





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