Bullish Case: Recent uptick in price, HeliumTrades AI's bullish forecast, increasing institutional interest, and mean reversion tendencies suggest short-term upside.


Bearish Case: Long-term downtrend, low option trading volume, and high implied volatility indicate uncertainty and potential downside risk.


Potential Outcomes: [defenseworld.net] Price continues short-term rally: 35%. [Helium] Price mean reverts with bearish sentiment mid-term: 30%. [Helium] Long-term downtrend persists: 20%. [Helium] Volatile break in either direction: 15%.


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April 06, 2024


KraneShares CSI China Internet Forecast

KWEB        KraneShares CSI China Internet
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with KWEB



CWEB Forecast + Options Trading Strategies   CWEB  Direxion Daily CSI China Internet Index Bu (0.93)


GDS Forecast + Options Trading Strategies   GDS  GDS (0.85)


ADM Forecast + Options Trading Strategies   ADM  Archer Daniels Midland (0.81)


BIDU Forecast + Options Trading Strategies   BIDU  Baidu (0.78)


NTR Forecast + Options Trading Strategies   NTR  Nutrien (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to KWEB



OTEX Forecast + Options Trading Strategies   OTEX  Open Text (-0.0)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (0.0)


JWN Forecast + Options Trading Strategies   JWN  Nordstrom (-0.0)


MDLZ Forecast + Options Trading Strategies   MDLZ  Mondelez International (-0.01)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KWEB



WING Forecast + Options Trading Strategies   WING  Wingstop (-0.66)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (-0.67)


CRNX Forecast + Options Trading Strategies   CRNX  Crinetics Pharmaceuticals (-0.68)


IDT Forecast + Options Trading Strategies   IDT  IDT Corp. - (-0.69)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.88)





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