NIE Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: With historical returns showing clusters of positivity around 1-2 years, and proactive market sentiment improving, NIE could see a resurgence in interest, potentially pushing price growth past $25 within the next year.




Bearish Case: Persistent flat price action and potential market volatility, especially concerning macroeconomic factors, might lead to short-term corrections, risking a drop below $22.50 in the coming months.




Potential Outcomes:

1. Continued stable growth (45% chance).

2. Market volatility spikes, causing short-term corrections (30% chance).

3. Earnings exceed expectations, driving prices above $25 (15% chance).

4. Fed rate hikes dampen investor sentiment, pushing prices below $22 (10% chance).




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November 19, 2024


Virtus AllianzGI Equity & Convertible Income Forecast

NIE        Virtus AllianzGI Equity & Convertible Income











Correlated Assets

Assets that tend to move strongly with NIE



AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.97)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (0.95)


HOOD Forecast + Options Trading Strategies   HOOD  Robinhood Markets (0.94)


APO Forecast + Options Trading Strategies   APO  Apollo (0.91)


COHR Forecast + Options Trading Strategies   COHR  Coherent (0.91)



Uncorrelated Assets

Assets with little price relationship to NIE



VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.01)


ELAN Forecast + Options Trading Strategies   ELAN  Elanco Animal Health (-0.01)


PPSI Forecast + Options Trading Strategies   PPSI  Pioneer Power (-0.01)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.02)


AKBA Forecast + Options Trading Strategies   AKBA  Akebia Therapeutics (0.03)



Anticorrelated Assets

Assets that tend to move strongly against NIE



AZUL Forecast + Options Trading Strategies   AZUL  Azul (-0.8)


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (-0.82)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.85)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.88)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.93)









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