NEU Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NEU's backwardation suggests near-term optimism, with strong specialty chemicals demand driving upward price momentum. Historical returns indicate high positive returns likelihood.




Bearish Case: Heightened local economic risks and substantial call-to-put skew signal potential downside. Implied volatility suggests unresolved market concerns.




Potential Outcomes:
  • Continued specialty chemicals growth, boosting prices (40%)
  • Local economic challenges impact demand (35%)
  • Significant volatility due to global market disruptions (25%)



May 11, 2025


NewMarket Forecast

NEU        NewMarket











Correlated Assets

Assets that tend to move strongly with NEU



KO Forecast + Options Trading Strategies   KO  Coca-Cola (0.64)


NGG Forecast + Options Trading Strategies   NGG  National Grid (0.61)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (0.59)


CWEN Forecast + Options Trading Strategies   CWEN  Clearway Energy (0.57)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (0.52)



Uncorrelated Assets

Assets with little price relationship to NEU



RCL Forecast + Options Trading Strategies   RCL  Royal Caribbean (0.0)


BB Forecast + Options Trading Strategies   BB  BlackBerry (0.0)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.0)


EIX Forecast + Options Trading Strategies   EIX  Edison International (-0.01)


ETR Forecast + Options Trading Strategies   ETR  Entergy (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against NEU



RPD Forecast + Options Trading Strategies   RPD  Rapid7 (-0.57)


MRVL Forecast + Options Trading Strategies   MRVL  Marvell Technology (-0.57)


ANET Forecast + Options Trading Strategies   ANET  Arista Networks (-0.59)


CRGY Forecast + Options Trading Strategies   CRGY  Crescent Energy Company - (-0.63)


DECK Forecast + Options Trading Strategies   DECK  Deckers Outdoor (-0.65)









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