PAA Forecast


Bullish Case: Positive Q1 earnings, significant call option trading volume, and a bullish HeliumTrades AI price forecast support potential appreciation.


Bearish Case: High historical volatility and recent mean-reverting price action indicate potential for price corrections and limited near-term price gain.


Potential Outcomes: Positive industry shifts (35%), global economic downturn (30%), continued flat movement (35%)


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June 20, 2024


Plains All American Pipeline Forecast

PAA      Plains All American Pipeline











Correlated Assets

Assets that tend to move strongly with PAA



MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (0.9)


MPLX Forecast + Options Trading Strategies   MPLX  MPLX (0.89)


PGR Forecast + Options Trading Strategies   PGR  Progressive (0.89)


AROC Forecast + Options Trading Strategies   AROC  Archrock (0.88)


TRGP Forecast + Options Trading Strategies   TRGP  Targa Resources (0.88)



Uncorrelated Assets

Assets with little price relationship to PAA



VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (-0.0)


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


NVO Forecast + Options Trading Strategies   NVO  Novo Nordisk (0.0)


CVI Forecast + Options Trading Strategies   CVI  CVR Energy (0.0)


VIPS Forecast + Options Trading Strategies   VIPS  Vipshop (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PAA



LCID Forecast + Options Trading Strategies   LCID  Lucid (-0.87)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (-0.88)


TSLA Forecast + Options Trading Strategies   TSLA  Tesla (-0.88)


APPS Forecast + Options Trading Strategies   APPS  Digital Turbine (-0.88)


IRBT Forecast + Options Trading Strategies   IRBT  Irobot (-0.89)





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