NTRS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Stable fundamentals and growth in wealth management could drive NTRS higher, supported by a mean-reverting price and lower implied volatility.




Bearish Case: Global uncertainties and regulatory challenges pose threats, with high implied volatility suggesting potential downside risks for NTRS.




Potential Outcomes:
  • Price stability with slow recovery (70%).
  • Potential decline due to macro pressures (20%).
  • Strong performance due to strategic execution (10%).



April 18, 2025


Northern Forecast

NTRS        Northern











Correlated Assets

Assets that tend to move strongly with NTRS



COF Forecast + Options Trading Strategies   COF  Capital One Financial (0.95)


DFS Forecast + Options Trading Strategies   DFS  Discover Financial Services (0.95)


AXP Forecast + Options Trading Strategies   AXP  American Express (0.95)


UPST Forecast + Options Trading Strategies   UPST  Upstart (0.94)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.94)



Uncorrelated Assets

Assets with little price relationship to NTRS



FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (-0.0)


BZH Forecast + Options Trading Strategies   BZH  Beazer Homes USA (0.0)


FDX Forecast + Options Trading Strategies   FDX  Fedex (-0.02)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (-0.02)


PHM Forecast + Options Trading Strategies   PHM  PulteGroup (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against NTRS



EC Forecast + Options Trading Strategies   EC  Ecopetrol SA (-0.74)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.75)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.76)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.79)


PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (-0.81)









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