NINE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NINE's historical mean reversion and potential market stabilization in the energy sector could drive upward momentum, especially if regulatory changes support growth.




Bearish Case: High volatility and market uncertainty, coupled with a negative AI price forecast, suggest continued downside risk, with external factors potentially exacerbating NINE's challenges.




Potential Outcomes:
  • Stable energy market drives modest recovery: 40%
  • Continued bearish sentiment causing price declines: 45%
  • Volatility spike benefiting options strategies: 15%




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January 21, 2025


Nine Energy Service Forecast

NINE        Nine Energy Service











Correlated Assets

Assets that tend to move strongly with NINE



AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (0.9)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.89)


LEA Forecast + Options Trading Strategies   LEA  Lear (0.88)


DIN Forecast + Options Trading Strategies   DIN  Dine Brands (0.87)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.87)



Uncorrelated Assets

Assets with little price relationship to NINE



SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (-0.0)


NET Forecast + Options Trading Strategies   NET  Cloudflare (-0.0)


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.01)


INTU Forecast + Options Trading Strategies   INTU  Intuit (-0.01)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against NINE



TT Forecast + Options Trading Strategies   TT  Trane (-0.86)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (-0.87)


ONON Forecast + Options Trading Strategies   ONON  On (-0.87)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (-0.88)


NOK Forecast + Options Trading Strategies   NOK  Nokia (-0.9)









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