EWC Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: EWC's implied volatility is notably high for near-term expirations, suggesting a bullish sentiment. Economic stability in Canada can drive prices upward, benefiting from strong sectors. Historical resilience in short-term returns supports this outlook.




Bearish Case: Despite near-term volatility, current market conditions suggest potential downturn risks, especially with flattening term structures and increasing economic uncertainties. High implied volatility in puts reflects bearish sentiment.




Potential Outcomes:

1. Upside movement due to economic recovery (40%).

2. Continued flat trading (30%).

3. Downtrend risks from rising economic uncertainties (30%). These probabilities leverage current volatility metrics and historical price actions.




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November 15, 2024


BlackRock Institutional Trust Company N.A. - iShares MSCI Canada Forecast

EWC        BlackRock Institutional Trust Company N.A. - iShares MSCI Canada











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Assets that tend to move strongly with EWC



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SPYV Forecast + Options Trading Strategies   SPYV  SPDR Portfolio S&P 500 Value (0.96)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.96)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.96)


CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (0.95)



Uncorrelated Assets

Assets with little price relationship to EWC



LYFT Forecast + Options Trading Strategies   LYFT  Lyft (-0.0)


AMBA Forecast + Options Trading Strategies   AMBA  Ambarella (-0.01)


NNOX Forecast + Options Trading Strategies   NNOX  Nano X Imaging (-0.01)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (0.01)


DKNG Forecast + Options Trading Strategies   DKNG  DraftKings (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against EWC



LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.84)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.85)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.85)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)









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