JUST Forecast


Bullish Case: JUST's positive historical returns over the past five years (~88.0%) and stable performance make it attractive for bullish investors. The historical price return surface shows relatively high likelihoods of positive returns over various holding periods.


Bearish Case: Geopolitical tensions and upcoming U.S. elections add uncertainty. The uncertain volatility surface implies potential downside, with some implied volatilities showing helium exceeding market predictions, indicating potential for price drops.


Potential Outcomes:

1. Strong Market Rebound (30%): JUST could rally amid economic recovery and positive corporate earnings.

2. Volatile Market due to Political Events (50%): U.S. elections and geopolitical tensions may cause instability.

3. Economic Downturn (20%): Rising interest rates and geopolitical risks could lead to a market pullback.


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June 23, 2024


Goldman Sachs Just Us Large Cap Equity Forecast

JUST      Goldman Sachs Just Us Large Cap Equity











Correlated Assets

Assets that tend to move strongly with JUST



VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (1.0)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (1.0)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (1.0)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (1.0)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (1.0)



Uncorrelated Assets

Assets with little price relationship to JUST



BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.01)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.01)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.01)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (0.01)


NOK Forecast + Options Trading Strategies   NOK  Nokia (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against JUST



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.96)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.99)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.99)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-1.0)





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