PRT Forecast


Bullish Case: PRT shows short-term signs of recovery (+3.4% in last 60 days). Potential positive economic events could boost investor sentiment.


Bearish Case: PRT's persistent mean reverting behavior suggests a likely continuation of a long-term decline. The recent neutral AI forecast (-0.2 correlation) supports this view.


Potential Outcomes:

1. Mean reversion and continued decline: 60% (aligns with historical trends)

2. Moderate short-term recovery: 30% (recent minor gains)

3. Immediate sharp decline: 10% (consistently weak performance). [Helium]


Trading Oracle: Trade bearish short-term via credit spreads. Initiate month-long bear put spreads targeting $3.5 strike price, betting on expected mean reversion and continued declines. This strategy offers high probability-of-profit, leveraging mean reversion behavior with a favorable risk-reward ratio.


July 23, 2024


PermRock Royalty Trust - Unit Forecast

PRT      PermRock Royalty Trust - Unit











Correlated Assets

Assets that tend to move strongly with PRT



LI Forecast + Options Trading Strategies   LI  Li Auto (0.82)


VFC Forecast + Options Trading Strategies   VFC  VF (0.8)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.35)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.88)



Uncorrelated Assets

Assets with little price relationship to PRT



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.35)


VFC Forecast + Options Trading Strategies   VFC  VF (0.8)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.82)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.88)



Anticorrelated Assets

Assets that tend to move strongly against PRT



LI Forecast + Options Trading Strategies   LI  Li Auto (0.82)


VFC Forecast + Options Trading Strategies   VFC  VF (0.8)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.35)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.88)





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