GRID Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: The increasing demand for clean energy, coupled with positive regulatory momentum, positions GRID for substantial growth. Historical returns indicate that holding for an extended duration presents favorable outcomes, making long positions attractive.




Bearish Case: Regulatory pressures and external market volatility pose significant risks to GRID’s price stability. The current levels of implied volatility suggest potential declines, especially if market conditions worsen, impacting investor sentiment.




Potential Outcomes:

1. Clean energy adoption surge (60% chance);

2. Regulatory challenges delaying growth (25% chance);

3. Market volatility influences investor sentiment negatively (15% chance). The increasing uncertainty in energy markets could weigh heavily on the stock.




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November 12, 2024


First Trust NASDAQ Clean Edge S Forecast

GRID        First Trust NASDAQ Clean Edge S











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Uncorrelated Assets

Assets with little price relationship to GRID



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


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (0.0)


AKBA Forecast + Options Trading Strategies   AKBA  Akebia Therapeutics (0.01)


DKNG Forecast + Options Trading Strategies   DKNG  DraftKings (0.01)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against GRID



HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.84)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.86)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.86)


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JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (-0.88)









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