PFS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: PFS options show elevated implied volatility, hinting at potential price movement. Positive merger synergies and a strategic direction towards community banking can fuel a bullish outlook.




Bearish Case: PFS faces high implied volatility, indicating market uncertainty. Economic pressures, coupled with integration challenges post-merger, may hinder performance, leading to a bearish scenario.




Potential Outcomes:
  • Merger success: 25% probability - Boost in stock price from cost synergies realized.
  • Continued market downturn: 50% probability - Economic factors suppress stock value.
  • Economic recovery: 25% probability - Improved conditions lift stock modestly.



April 29, 2025


Provident Financial Services Forecast

PFS        Provident Financial Services











Correlated Assets

Assets that tend to move strongly with PFS



PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.95)


FITB Forecast + Options Trading Strategies   FITB  Fifth Third Bancorp (0.94)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.9)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.9)


BLK Forecast + Options Trading Strategies   BLK  Blackrock (0.85)



Uncorrelated Assets

Assets with little price relationship to PFS



KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.0)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (0.0)


TDOC Forecast + Options Trading Strategies   TDOC  Teladoc Health (-0.01)


WWD Forecast + Options Trading Strategies   WWD  Woodward (0.02)


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



Anticorrelated Assets

Assets that tend to move strongly against PFS



PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (-0.58)


GROY Forecast + Options Trading Strategies   GROY  Gold Royalty (-0.59)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.63)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.65)


EC Forecast + Options Trading Strategies   EC  Ecopetrol SA (-0.65)









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