PRFZ Forecast


Bullish Case: Holdings by large firms and increased institutional interest. Mean reversion and historical low volatility suggest steady upward movement.


Bearish Case: Long-term underperformance (-68.3% from five years ago) with negative AI forecast. Low volatility surface could indicate reduced upward potential.


Potential Outcomes: 50% medium-term price range between $36-$42. 30% sudden price movements due to ETF composition changes. 20% minimal change with steady mean reversion.


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July 16, 2024


Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid Forecast

PRFZ      Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid











Correlated Assets

Assets that tend to move strongly with PRFZ



MDY Forecast + Options Trading Strategies   MDY  State Street Global Advisors - S&P MidCap 400 (0.98)


SPHB Forecast + Options Trading Strategies   SPHB  Invesco Capital Management LLC - Invesco S&P 500 High Beta (0.96)


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


XLI Forecast + Options Trading Strategies   XLI  Industrial Select Sector SPDR (0.96)


SCHD Forecast + Options Trading Strategies   SCHD  Schwab US Dividend Equity (0.96)



Uncorrelated Assets

Assets with little price relationship to PRFZ



UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.0)


AWK Forecast + Options Trading Strategies   AWK  American Water Works (-0.0)


BMEA Forecast + Options Trading Strategies   BMEA  Biomea Fusion (-0.0)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (0.0)


JD Forecast + Options Trading Strategies   JD  JD.com (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PRFZ



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


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.99)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-1.0)





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