PMM Forecast


Bullish Case: Institutional buying indicates confidence; positive historical returns in the 1-2 year range support a potential price increase.


Bearish Case: Neutral AI forecast and historical 17-year price trends suggest a lack of immediate catalysts, and recent negative returns threaten continued downward pressure.


Potential Outcomes: 40%
Price increase driven by institutional confidence and historical return patterns in the 1-2 year range.
30%
Stagnation due to neutral AI forecast and current flat trading pattern.
30%
Price decline due to persistent negative return trends and lack of immediate bullish catalysts.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 28, 2024


Putnam Managed Municipal Income Trust. Forecast

PMM      Putnam Managed Municipal Income Trust.











Correlated Assets

Assets that tend to move strongly with PMM



FOUR Forecast + Options Trading Strategies   FOUR  Shift4 Payments (0.88)


VCIT Forecast + Options Trading Strategies   VCIT  Vanguard Intermediate-Term Corporate Bond (0.87)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.84)


BITF Forecast + Options Trading Strategies   BITF  Bitfarms (0.84)


SBH Forecast + Options Trading Strategies   SBH  Sally Beauty (0.83)



Uncorrelated Assets

Assets with little price relationship to PMM



NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.0)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (0.0)


CRMD Forecast + Options Trading Strategies   CRMD  CorMedix (0.0)


PRGO Forecast + Options Trading Strategies   PRGO  Perrigo (-0.0)


ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PMM



TH Forecast + Options Trading Strategies   TH  Target Hospitality Corp (-0.77)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.77)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.78)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.82)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PMM


 Ask any question about PMM!