NOVA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Sunnova's potential rebound could come from strategic pivots and growth in renewable energy, attracting investment and enhancing company valuations in a greener market.




Bearish Case: High implied volatility and substantial past losses highlight ongoing financial instability, coupled with legal troubles and macroeconomic pressures, suggesting continued downside risk.




Potential Outcomes:

1. Strategic execution boosts market share (20%).

2. Legal issues depress stock further (60%).

3. Renewable incentives foster moderate growth (30%).

4. Economic downturn amplifies decline (40%).



April 26, 2025


Sunnova Energy International Forecast

NOVA        Sunnova Energy International











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ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.87)


UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.87)


CUBE Forecast + Options Trading Strategies   CUBE  CubeSmart (0.85)



Uncorrelated Assets

Assets with little price relationship to NOVA



TT Forecast + Options Trading Strategies   TT  Trane (-0.01)


APPN Forecast + Options Trading Strategies   APPN  Appian (-0.01)


RY Forecast + Options Trading Strategies   RY  Royal Bank Of Canada (0.02)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.02)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.03)



Anticorrelated Assets

Assets that tend to move strongly against NOVA



V Forecast + Options Trading Strategies   V  Visa (-0.74)


MAIN Forecast + Options Trading Strategies   MAIN  Main Street (-0.74)


PLBY Forecast + Options Trading Strategies   PLBY  PLBY (-0.75)


BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.8)


MP Forecast + Options Trading Strategies   MP  MP Materials (-0.81)









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