NJR Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: The clean energy push and stable dividends may attract long-term investors, supported by low volatility near key price levels, encouraging gradual growth.




Bearish Case: High implied volatility and flat trading hint at persistent market uncertainty. Economic pressures could lead to a decline if negative sentiment prevails.




Potential Outcomes:
  • 50% chance of flat trading, supported by dividends.
  • 30% chance of decline due to volatility and economic pressures.
  • 20% chance of gradual rise from clean energy initiatives.



July 03, 2025


New Jersey Resources Forecast

NJR        New Jersey Resources











Correlated Assets

Assets that tend to move strongly with NJR



FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.78)


COMP Forecast + Options Trading Strategies   COMP  Compass (0.7)


MAA Forecast + Options Trading Strategies   MAA  Mid-America Apartment Communities (0.62)


PPL Forecast + Options Trading Strategies   PPL  PPL (0.62)


CPRT Forecast + Options Trading Strategies   CPRT  Copart (0.56)



Uncorrelated Assets

Assets with little price relationship to NJR



EA Forecast + Options Trading Strategies   EA  Electronic Arts (0.0)


FE Forecast + Options Trading Strategies   FE  Firstenergy (0.0)


MRVL Forecast + Options Trading Strategies   MRVL  Marvell Technology (0.0)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (-0.01)


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



Anticorrelated Assets

Assets that tend to move strongly against NJR



AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.59)


KLAC Forecast + Options Trading Strategies   KLAC  KLA (-0.64)


STM Forecast + Options Trading Strategies   STM  New York Shares (-0.65)


PAYS Forecast + Options Trading Strategies   PAYS  PaySign (-0.66)


GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (-0.67)









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