FPA Forecast

First Trust Exchange-Traded Fund III - First Trust Asia Pacific ex-Japan AlphaDEX Forecast

FPA        First Trust Exchange-Traded Fund III - First Trust Asia Pacific ex-Japan AlphaDEX











Correlated Assets

Assets that tend to move strongly with FPA



SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.89)


DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (0.88)


COHR Forecast + Options Trading Strategies   COHR  Coherent (0.88)


TT Forecast + Options Trading Strategies   TT  Trane (0.88)


PI Forecast + Options Trading Strategies   PI  Impinj (0.87)



Uncorrelated Assets

Assets with little price relationship to FPA



VTRS Forecast + Options Trading Strategies   VTRS  Viatris (0.0)


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.01)


FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (-0.02)


APH Forecast + Options Trading Strategies   APH  Amphenol (0.02)


GMRE Forecast + Options Trading Strategies   GMRE  Global Medical REIT (0.02)



Anticorrelated Assets

Assets that tend to move strongly against FPA



HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.73)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.74)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.78)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.82)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)









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