Bullish Case: FHN shows resilience with improvements to First Horizon Park, survey on women's financial empowerment, and favorable Zacks valuation, suggesting growth potential amid regional banking turmoil.


Bearish Case: HeliumTrades AI forecasts a -0.86% price change with historical correlation of -0.3, alongside market uncertainty and regional banking challenges, pointing to potential near-term bearish movement.


Potential Outcomes: Upside: adjustments post-TD merger aid FHN's rebound (30%). Downside: further regional banking issues suppress price (40%). Neutral: mean reversion with steady performance (30%).


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April 03, 2024


First Horizon Forecast

FHN        First Horizon
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FHN



NTRS Forecast + Options Trading Strategies   [NTRS]  Northern (0.89)


HBAN Forecast + Options Trading Strategies   [HBAN]  Huntington Bancshares (0.88)


CFG Forecast + Options Trading Strategies   [CFG]  Citizens Financial (0.87)


SPYD Forecast + Options Trading Strategies   [SPYD]  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (0.87)


PFF Forecast + Options Trading Strategies   [PFF]  iShares Trust iShares Pre (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to FHN



DVN Forecast + Options Trading Strategies   [DVN]  Devon Energy (0.0)


GLBE Forecast + Options Trading Strategies   [GLBE]  Global E Online (-0.0)


MRO Forecast + Options Trading Strategies   [MRO]  Marathon Oil (-0.0)


NE Forecast + Options Trading Strategies   [NE]  Noble (-0.0)


LNG Forecast + Options Trading Strategies   [LNG]  Cheniere Energy (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FHN



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.78)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.78)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.78)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.79)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.79)





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