NTRS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NTRS could benefit from a stabilizing macro environment and increasing asset management flows, boosting stock performance. Low implied volatility around 20% indicates potential for upward momentum.




Bearish Case: Sustained geopolitical tensions and persistent high volatility (above 40%) may suppress NTRS's price growth, risking a decline amid market pressures.




Potential Outcomes:
  • 20% chance: Short-term price surge as investor confidence increases.
  • 40% chance: Market remains range-bound with slight upward trends.
  • 30% chance: Geopolitical tensions lead to significant declines in stock price.
  • 10% chance: Major market event causes volatility spike affecting all financials.




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December 18, 2024


Northern Forecast

NTRS        Northern











Correlated Assets

Assets that tend to move strongly with NTRS



VTV Forecast + Options Trading Strategies   VTV  Vanguard Value (0.9)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.88)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.87)


ZION Forecast + Options Trading Strategies   ZION  Zions Bancorporation N.A (0.86)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.86)



Uncorrelated Assets

Assets with little price relationship to NTRS



SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (0.0)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.02)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.02)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.03)


SKYT Forecast + Options Trading Strategies   SKYT  SkyWater Technology (0.03)



Anticorrelated Assets

Assets that tend to move strongly against NTRS



AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.75)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.75)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.76)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.76)


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









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