MWA Forecast


Bullish Case: MWA's historical mean reversion suggests potential price recovery towards previous highs, especially with a bullish sentiment potentially emerging as market conditions stabilize. This may lead to increased buying pressure.


Bearish Case: High implied volatility indicates significant uncertainty surrounding MWA, suggesting the potential for sharp price movements downward. Persistent macroeconomic challenges could inhibit recovery, leading to further declines.


Potential Outcomes:

1. Price increase >10%: 25%, driven by improved earnings.

2. Price decrease >10%: 35%, due to continued market volatility.

3. Stability within 5%: 40%, reflecting current market sentiment and historical patterns.


Trading Oracle: Sign Up to access trading oracle trade ideas.


July 25, 2024


Mueller Water Products Series Forecast

MWA      Mueller Water Products Series











Correlated Assets

Assets that tend to move strongly with MWA



LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.95)


XYL Forecast + Options Trading Strategies   XYL  Xylem (0.95)


CRUS Forecast + Options Trading Strategies   CRUS  Cirrus Logic (0.94)


NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (0.94)


VGK Forecast + Options Trading Strategies   VGK  Vanguard FTSE Europe (0.94)



Uncorrelated Assets

Assets with little price relationship to MWA



MXL Forecast + Options Trading Strategies   MXL  MaxLinear (0.0)


CRI Forecast + Options Trading Strategies   CRI  Carters (-0.0)


BGS Forecast + Options Trading Strategies   BGS  B&G Foods (-0.01)


DE Forecast + Options Trading Strategies   DE  Deere (0.01)


KNOP Forecast + Options Trading Strategies   KNOP  KNOT Offshore Partners LP - Unit (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against MWA



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.88)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.88)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.91)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)





Become a more profitable investor with AI optimized trading strategies






×

Chat with MWA


 Ask any question about MWA!