AI EWC Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: The recent upward trend in EWC's historical price return supports a bullish outlook, especially with volatility metrics indicating potential increases ahead, driven by a recovering Canadian economy and heightened investor interest in energy sectors.


Bearish Case: Continued flat trading alongside elevated short-term volatility implies market uncertainty. If macroeconomic pressures escalate or global markets falter, EWC may face downward pressure, further exacerbated by lower call option trading volume.


Potential Outcomes:

1. Price rally due to economic rebound: 40%.

2. Continued flat trading within $40 range: 30%.

3. Significant downturn influenced by market corrections: 30%. Each scenario reflects current volatility and historical patterns.


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September 17, 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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