FENY Forecast

Fidelity Covington Trust - Fidelity MSCI Energy Index Forecast

FENY        Fidelity Covington Trust - Fidelity MSCI Energy Index











Correlated Assets

Assets that tend to move strongly with FENY



XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.85)


KRP Forecast + Options Trading Strategies   KRP  Kimbell Royalty Partners (0.76)


CMC Forecast + Options Trading Strategies   CMC  Commercial Metals (0.74)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (0.74)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.73)



Uncorrelated Assets

Assets with little price relationship to FENY



EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (0.0)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (0.01)


TMDX Forecast + Options Trading Strategies   TMDX  Transmedics (-0.01)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (0.01)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (0.01)



Anticorrelated Assets

Assets that tend to move strongly against FENY



NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.56)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.56)


FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (-0.58)


CALX Forecast + Options Trading Strategies   CALX  Calix (-0.63)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.69)









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