Fidelity Covington Trust - Fidelity Investment Grade Bond Forecast

FIGB        Fidelity Covington Trust - Fidelity Investment Grade Bond
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with FIGB



BND Forecast + Options Trading Strategies   BND  Vanguard Total Bond Market (0.99)


VCLT Forecast + Options Trading Strategies   VCLT  Vanguard Long-Term Corporate Bond (0.94)


IGLB Forecast + Options Trading Strategies   IGLB  BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond (0.94)


NGG Forecast + Options Trading Strategies   NGG  National Grid (0.88)


VGLT Forecast + Options Trading Strategies   VGLT  Vanguard Group, Inc. - Vanguard Long-Term Treasury (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to FIGB



ARCC Forecast + Options Trading Strategies   ARCC  Ares (0.0)


ALPN Forecast + Options Trading Strategies   ALPN  Alpine Immune Sciences (-0.0)


FDS Forecast + Options Trading Strategies   FDS  Factset Research Systems (0.0)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.0)


JEF Forecast + Options Trading Strategies   JEF  Jefferies Financial (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FIGB



UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.73)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.73)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.73)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.85)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.92)





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