EVM Forecast


Bullish Case: The modular and customizable features of EVM, partnerships with Ripple and enhanced interoperability (Sei V2, IOTA, Solana VM) indicate robust future growth potential and broader adoption across blockchains. Recent price action shows steady increase (8.1% YoY).


Bearish Case: Recent EVM association with blockchain controversies and Musk-led debates increase regulatory scrutiny. Historical returns surface shows negative price return likelihoods for holding periods up to 2 years, indicating potential for short-term losses.


Potential Outcomes:

1. Regulatory scrutiny due to EVM controversies (40%);

2. Continuation of integration with major blockchain projects boosting price (35%);

3. Price stagnation due to flat current trading (20%);

4. Significant short-term decline (5%).


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June 27, 2024


Eaton Vance California Municipal Bond Forecast

EVM      Eaton Vance California Municipal Bond











Correlated Assets

Assets that tend to move strongly with EVM



UHS Forecast + Options Trading Strategies   UHS  Universal Health Services (0.95)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.95)


USFD Forecast + Options Trading Strategies   USFD  US Foods (0.94)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.94)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.94)



Uncorrelated Assets

Assets with little price relationship to EVM



TDS Forecast + Options Trading Strategies   TDS  Telephone And Data Systems (0.0)


UAA Forecast + Options Trading Strategies   UAA  Under Armour (0.0)


INOD Forecast + Options Trading Strategies   INOD  Innodata (0.0)


DE Forecast + Options Trading Strategies   DE  Deere (-0.0)


MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (0.0)



Anticorrelated Assets

Assets that tend to move strongly against EVM



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.92)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.93)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.94)





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