AI GRID Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased investments in clean energy and grid infrastructure may boost GRID's price due to rising demand, positioning it favorably in the market.




Bearish Case: Regulatory pressures and extreme weather events could negatively impact GRID, creating uncertainty and hindering growth potential in the near term.




Potential Outcomes:

1. Clean energy adoption drives prices up (40%).

2. Regulatory challenges slow growth (30%).

3. Market volatility creates fluctuations (20%).

4. Weather impacts grid stability and operations (10%).




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October 16, 2024


First Trust NASDAQ Clean Edge S Forecast

GRID        First Trust NASDAQ Clean Edge S











Correlated Assets

Assets that tend to move strongly with GRID



VXUS Forecast + Options Trading Strategies   VXUS  Vanguard Group, Inc. - Vanguard Total International Stock (0.98)


VT Forecast + Options Trading Strategies   VT  Vanguard Group, Inc. - Vanguard Total World Stock (0.97)


VEA Forecast + Options Trading Strategies   VEA  Vanguard FTSE Developed Markets (0.97)


EME Forecast + Options Trading Strategies   EME  Emcor Group (0.97)


JCI Forecast + Options Trading Strategies   JCI  Registered Shares (0.97)



Uncorrelated Assets

Assets with little price relationship to GRID



ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.0)


ASO Forecast + Options Trading Strategies   ASO  Academy Sports and Outdoors (0.0)


WSM Forecast + Options Trading Strategies   WSM  Williams-Sonoma (-0.0)


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


PK Forecast + Options Trading Strategies   PK  Park Hotels & Resorts (0.01)



Anticorrelated Assets

Assets that tend to move strongly against GRID



MED Forecast + Options Trading Strategies   MED  Medifast (-0.9)


ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.91)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.93)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)









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