PDN Forecast


Bullish Case: Growing institutional investments coupled with a modest increase in price (+0.14% forecast) and relatively stable long-term returns (~10% 2-year return) suggest an upward trend.


Bearish Case: PDN faces ransomware threats affecting operational reliability and recent investment divestitures, alongside negative short-term returns (-3.7% from last month), signaling potential risk decline.


Potential Outcomes: Stagnation (45%) given neutral AI price forecast; moderate gains (30%) since positive long-term returns; decline (25%) from cyber risks and recent divestitures.


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June 30, 2024


Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid Forecast

PDN      Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid











Correlated Assets

Assets that tend to move strongly with PDN



DVY Forecast + Options Trading Strategies   DVY  BlackRock Institutional Trust Company N.A. - iShares Select Dividend (0.97)


MIDU Forecast + Options Trading Strategies   MIDU  Direxion Daily Mid Cap Bull 3x Shares (0.96)


EFA Forecast + Options Trading Strategies   EFA  BTC iShares MSCI EAFE (0.96)


EWG Forecast + Options Trading Strategies   EWG  BlackRock Institutional Trust Company N.A. - iShares MSCI Germany (0.96)


IWD Forecast + Options Trading Strategies   IWD  iShares Russell 1000 Value (0.95)



Uncorrelated Assets

Assets with little price relationship to PDN



EOG Forecast + Options Trading Strategies   EOG  EOG Resources (-0.0)


CME Forecast + Options Trading Strategies   CME  CME (0.0)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.0)


EXAI Forecast + Options Trading Strategies   EXAI  Exscientia (-0.0)


CWEB Forecast + Options Trading Strategies   CWEB  Direxion Daily CSI China Internet Index Bu (0.0)



Anticorrelated Assets

Assets that tend to move strongly against PDN



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.87)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.95)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.95)





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