HE Forecast + Trading Strategies


Bullish Case: HE's stock price has surged 88.6% in the past month. Institutional interest and a positive AI price forecast suggest recovery potential, especially if legal hurdles are mitigated.


Bearish Case: Persistent high implied volatility and ongoing lawsuits increase downside risk. Recent legal troubles and the upcoming disclosure of the ATF report can exacerbate investor fears, pressuring stock prices.


Potential Outcomes: Legal issues resolution (60%), lawsuits harm stock (20%), investor confidence rebounds due to institutional buying (10%), unforeseen positive catalyst (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


July 20, 2024


Hawaiian Electric Industries Forecast

HE      Hawaiian Electric Industries











Correlated Assets

Assets that tend to move strongly with HE



VFC Forecast + Options Trading Strategies   VFC  VF (0.8)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.6)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.61)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)



Uncorrelated Assets

Assets with little price relationship to HE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.6)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.61)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)


VFC Forecast + Options Trading Strategies   VFC  VF (0.8)



Anticorrelated Assets

Assets that tend to move strongly against HE



VFC Forecast + Options Trading Strategies   VFC  VF (0.8)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.6)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.61)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)





Become a more profitable investor with AI optimized trading strategies






×

Chat with HE


 Ask any question about HE!