ESS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: ESS benefits from strong institutional backing, robust demand in tech hubs, and a history of dividend growth. Implied volatility suggests potential upward price movement.




Bearish Case: Interest rate hikes and regulatory uncertainties in California pose risks. High exposure to cyclical real estate markets could pressure valuations downward.




Potential Outcomes:
  • 30%: Steady tech-driven demand boosts prices, achieving a 12% upside.
  • 40%: Stabilization with minimal movement, given current volatility.
  • 30%: Interest rate hikes suppress valuations, potentially causing a 5% drop.



April 19, 2025


Essex Property Trust Forecast

ESS        Essex Property Trust











Correlated Assets

Assets that tend to move strongly with ESS



HIG Forecast + Options Trading Strategies   HIG  Hartford Financial Services (0.84)


SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.84)


ECL Forecast + Options Trading Strategies   ECL  Ecolab (0.81)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.8)


ADC Forecast + Options Trading Strategies   ADC  Agree Realty (0.79)



Uncorrelated Assets

Assets with little price relationship to ESS



FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (-0.01)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.01)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.02)


BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.02)


SAM Forecast + Options Trading Strategies   SAM  Boston Beer Co. (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against ESS



PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.6)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (-0.61)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.61)


NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.64)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.66)









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