NINE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Given the low price of NINE and historical potential for mean reversion, a market stabilization or energy sector boost could present strong recovery opportunities.




Bearish Case: NINE's continued price decline, negative AI forecast, and elevated implied volatility support a sustained bearish outlook driven by market instability and debt concerns.




Potential Outcomes:
  • Market recovery due to regulation: 30%.
  • Continued price decline: 45%.
  • Volatility spikes favorable to options trading: 25%.



April 24, 2025


Nine Energy Service Forecast

NINE        Nine Energy Service











Correlated Assets

Assets that tend to move strongly with NINE



PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.86)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.84)


CHX Forecast + Options Trading Strategies   CHX  ChampionX (0.82)


NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (0.79)


ATKR Forecast + Options Trading Strategies   ATKR  Atkore (0.79)



Uncorrelated Assets

Assets with little price relationship to NINE



DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (-0.01)


GCO Forecast + Options Trading Strategies   GCO  Genesco (0.03)


AME Forecast + Options Trading Strategies   AME  Ametek (-0.03)


PHM Forecast + Options Trading Strategies   PHM  PulteGroup (-0.03)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against NINE



ADC Forecast + Options Trading Strategies   ADC  Agree Realty (-0.65)


PPC Forecast + Options Trading Strategies   PPC  Pilgrim's Pride (-0.67)


SMMT Forecast + Options Trading Strategies   SMMT  Summit Therapeutics (-0.68)


DUK Forecast + Options Trading Strategies   DUK  Duke Energy (-0.68)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.71)









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