AI HRI Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: HRI's implied volatility suggests a strong upward momentum, as observed in the term structure that indicates reduced uncertainty. Positive historical price returns reinforce this bullish sentiment, with the potential for significant gains if momentum continues.


Bearish Case: Market conditions reveal considerable implied volatility and uncertainty, as shown in historical performance trends. With heightened risk due to past drops and negative sentiment, HRI might face downward pressure despite previous gains.


Potential Outcomes:

1. Sustained volatility decline leading to price appreciation (65%);

2. Major investor sell-off in response to liquidity issues (20%);

3. Unforeseen legal challenges dampening investor confidence (15%).


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August 11, 2024


Herc Forecast

HRI      Herc











Correlated Assets

Assets that tend to move strongly with HRI



BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.94)


OSK Forecast + Options Trading Strategies   OSK  Oshkosh (0.93)


HEES Forecast + Options Trading Strategies   HEES  H&E Equipment Services (0.92)


CRL Forecast + Options Trading Strategies   CRL  Charles River Laboratories International (0.92)


CG Forecast + Options Trading Strategies   CG  Carlyle (0.91)



Uncorrelated Assets

Assets with little price relationship to HRI



IMVT Forecast + Options Trading Strategies   IMVT  Immunovant (0.0)


IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (-0.0)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (-0.0)


NOK Forecast + Options Trading Strategies   NOK  Nokia (0.01)


HRL Forecast + Options Trading Strategies   HRL  Hormel Foods (0.01)



Anticorrelated Assets

Assets that tend to move strongly against HRI



UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.74)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.75)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.78)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.8)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.81)





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