NMIH Forecast


Bullish Case: NMIH showcases strong long-term return potential, historical price analysis predicts robust performance particularly over extended holding periods. Upcoming events and a stable real estate market positively align.


Bearish Case: Recent flat price movement and market volatility, alongside potential economic downturns and interest rate hikes, pose significant risks. Short-term holding appears particularly vulnerable.


Potential Outcomes:

1) Economic stabilization, improving housing market conditions (40%).

2) Interest rate increases, contracting market (35%).

3) Unpredicted high volatility from external market shocks (25%).


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May 01, 2024


NMI Forecast

NMIH        NMI
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NMIH



MET Forecast + Options Trading Strategies   MET  Metlife (0.91)


GCT Forecast + Options Trading Strategies   GCT  GigaCloud Technology (0.91)


IIPR Forecast + Options Trading Strategies   IIPR  Innovative Industrial Properties (0.91)


RDN Forecast + Options Trading Strategies   RDN  Radian Group (0.91)


EME Forecast + Options Trading Strategies   EME  Emcor Group (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to NMIH



ABR Forecast + Options Trading Strategies   ABR  Arbor Realty (0.0)


SWAV Forecast + Options Trading Strategies   SWAV  ShockWave Medical (-0.0)


TXN Forecast + Options Trading Strategies   TXN  Texas Instruments (0.01)


DRIV Forecast + Options Trading Strategies   DRIV  Global X Autonomous & Electric Vehicles (0.01)


SABR Forecast + Options Trading Strategies   SABR  Sabre (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NMIH



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.84)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.84)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.85)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.86)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.88)





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