HIPS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: HIPS could see gains as a high-income ETF, offering stability through gold-backing. Implied volatility suggests potential for upward movement if market confidence improves.




Bearish Case: Persistent high implied volatility and flat price action imply potential downside risk, especially in a volatile market lacking strong fundamentals.




Potential Outcomes:
  • 50% chance of continued flat trend as implied volatility stays high.
  • 30% probability of moderate increase driven by potential market confidence.
  • 20% chance of significant decline from economic shocks.



May 07, 2025


GraniteShares Gold Trust - GraniteShares HIPS US High Income Forecast

HIPS        GraniteShares Gold Trust - GraniteShares HIPS US High Income











Correlated Assets

Assets that tend to move strongly with HIPS



DAN Forecast + Options Trading Strategies   DAN  Dana (0.74)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (0.73)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.73)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (0.68)


CVX Forecast + Options Trading Strategies   CVX  Chevron (0.67)



Uncorrelated Assets

Assets with little price relationship to HIPS



FAST Forecast + Options Trading Strategies   FAST  Fastenal (0.0)


UBER Forecast + Options Trading Strategies   UBER  Uber (0.0)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.0)


CRON Forecast + Options Trading Strategies   CRON  Cronos (-0.0)


YPF Forecast + Options Trading Strategies   YPF  YPF (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against HIPS



EIX Forecast + Options Trading Strategies   EIX  Edison International (-0.55)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.55)


UL Forecast + Options Trading Strategies   UL  Unilever (-0.61)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.64)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.68)









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