NFE Forecast + Trading Strategies


Bullish Case: Strong PPA contracts, insider buying, and secured financing for Brazil projects might drive NFE growth.


Bearish Case: High debt levels, mean-reverting tendencies, and potential profitability struggles may limit upside.


Potential Outcomes: Brazil projects boost growth (70%), struggles with profitability lead to dividend cuts (35%), new PPA increases earnings (45%).


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July 10, 2024


New Fortress Energy Forecast

NFE      New Fortress Energy











Correlated Assets

Assets that tend to move strongly with NFE



AKAM Forecast + Options Trading Strategies   AKAM  Akamai (0.88)


RPD Forecast + Options Trading Strategies   RPD  Rapid7 (0.87)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.86)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (0.83)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (0.82)



Uncorrelated Assets

Assets with little price relationship to NFE



VIPS Forecast + Options Trading Strategies   VIPS  Vipshop (-0.0)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (-0.0)


LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (-0.0)


MSOS Forecast + Options Trading Strategies   MSOS  Advisorshares Trust - AdvisorShares Pure US Cannabis (-0.0)


ACLS Forecast + Options Trading Strategies   ACLS  Axcelis (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against NFE



AN Forecast + Options Trading Strategies   AN  Autonation (-0.77)


SMTC Forecast + Options Trading Strategies   SMTC  Semtech (-0.78)


BOOT Forecast + Options Trading Strategies   BOOT  Boot Barn (-0.79)


CRTO Forecast + Options Trading Strategies   CRTO  Criteo (-0.79)


KBR Forecast + Options Trading Strategies   KBR  KBR (-0.8)


NFE News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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