FMAT Forecast

Fidelity Covington Trust - Fidelity MSCI Materials Index Forecast

FMAT        Fidelity Covington Trust - Fidelity MSCI Materials Index











Correlated Assets

Assets that tend to move strongly with FMAT



OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.84)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.83)


PHM Forecast + Options Trading Strategies   PHM  PulteGroup (0.83)


BZH Forecast + Options Trading Strategies   BZH  Beazer Homes USA (0.82)


CMCSA Forecast + Options Trading Strategies   CMCSA  Comcast (0.81)



Uncorrelated Assets

Assets with little price relationship to FMAT



ALL Forecast + Options Trading Strategies   ALL  Allstate (0.0)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.01)


TW Forecast + Options Trading Strategies   TW  Tradeweb Markets (0.01)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (-0.02)


AVA Forecast + Options Trading Strategies   AVA  Avista (0.02)



Anticorrelated Assets

Assets that tend to move strongly against FMAT



DKL Forecast + Options Trading Strategies   DKL  Delek Logistics Partners LP - Unit (-0.36)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.38)


BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.4)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.41)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.43)









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