ITUB Forecast


Bullish Case: ITUB's strong financials, crypto trading expansion, and low price-to-book ratio suggest significant upside. Historical returns predict positive outcomes.


Bearish Case: Implied volatility spikes and flat price action indicate potential stagnation. Recent price decline and market skepticism persist due to regulatory headwinds.


Potential Outcomes: ITUB unlikely to exceed $9; implied vol. spikes suggest higher swings. Regulatory decisions and market sentiment are critical.


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July 23, 2024


Itau Unibanco Forecast

ITUB      Itau Unibanco











Correlated Assets

Assets that tend to move strongly with ITUB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.14)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.2)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.21)



Uncorrelated Assets

Assets with little price relationship to ITUB



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.14)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.2)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.21)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.4)



Anticorrelated Assets

Assets that tend to move strongly against ITUB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.14)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.2)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.21)





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