HEWG Forecast


Bullish Case: The bullish sentiment for HEWG likely arises from upcoming ETF approvals, growing institutional interest, and the anticipated market rebound, supported by historical patterns showing positive returns on holding periods. This perspective is enhanced by favorable implied volatility trends as depicted in the volatility surface, indicating potential price resilience and upward momentum.


Bearish Case: The bearish outlook is driven by potential regulatory challenges, geopolitical volatility, and increasing market skepticism following inconsistent performance. The current high implied volatility signals apprehension among investors, suggesting that market corrections could lead to declining prices in the near term, especially against a backdrop of mean-reverting price behavior.


Potential Outcomes:

1) Increased market demand for ETFs (60% chance);

2) Regulatory hurdles negatively impacting growth (25% chance);

3) Geopolitical tensions causing market disruptions (10% chance);

4) Subpar performance in digital assets affecting sentiment (5% chance). These outcomes were assessed based on market dynamics and previous prediction accuracies.


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July 26, 2024


BlackRock Institutional Forecast

HEWG      BlackRock Institutional











Correlated Assets

Assets that tend to move strongly with HEWG



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DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (0.97)


XYL Forecast + Options Trading Strategies   XYL  Xylem (0.97)


AMP Forecast + Options Trading Strategies   AMP  Ameriprise Financial (0.97)


HWM Forecast + Options Trading Strategies   HWM  Howmet Aerospace (0.97)



Uncorrelated Assets

Assets with little price relationship to HEWG



SMPL Forecast + Options Trading Strategies   SMPL  Simply Good Foods (0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.0)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (-0.0)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.0)


TWLO Forecast + Options Trading Strategies   TWLO  Twilio (0.0)



Anticorrelated Assets

Assets that tend to move strongly against HEWG



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.91)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.93)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.93)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.94)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.96)





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