PFD Forecast


Bullish Case: Given the recent flat price action and the minimal AI forecasted change, PFD is positioned to recover from its significant long-term downtrend, leveraging seasonal summer trends and income stability.


Bearish Case: The historical price return surface indicates a high likelihood of continued sluggish performance or further declines, coupled with weak recent price action and insignificant correlation with predictive models.


Potential Outcomes:

1. Seasonal market uptick (40%): Summer trends bolster price.

2. Continued depreciation (<60%): Historical data reflects prolonged declines.

3. Market-neutral stagnation (20%): Short-term flat alignment with AI projections.


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June 30, 2024


Flaherty & Crumrine Preferred and Income Forecast

PFD      Flaherty & Crumrine Preferred and Income











Correlated Assets

Assets that tend to move strongly with PFD



UHS Forecast + Options Trading Strategies   UHS  Universal Health Services (0.91)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.91)


BURL Forecast + Options Trading Strategies   BURL  Burlington Stores (0.91)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.91)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.91)



Uncorrelated Assets

Assets with little price relationship to PFD



EWZ Forecast + Options Trading Strategies   EWZ  iShares MSCI Brazil (0.0)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.0)


KWEB Forecast + Options Trading Strategies   KWEB  KraneShares CSI China Internet (-0.0)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (0.0)



Anticorrelated Assets

Assets that tend to move strongly against PFD



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.89)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.9)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.91)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.91)





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