PSP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: PSP's historical mean-reversion trend and lower implied volatility compared to SPY suggest potential for upward price movement.




Bearish Case: Heightened short-term volatility and recent price decline risk suggest potential continued downside pressure.




Potential Outcomes:
  • Price stabilizes around current levels (45%) due to mean-reversion.
  • Price declines by 5% (30%) driven by short-term volatilities.
  • Price increases by 5% (25%) due to improving sentiment.



May 01, 2025


Invesco Global Listed Private Equity Forecast

PSP        Invesco Global Listed Private Equity











Correlated Assets

Assets that tend to move strongly with PSP



MAC Forecast + Options Trading Strategies   MAC  Macerich (0.88)


DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (0.88)


IWR Forecast + Options Trading Strategies   IWR  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap (0.88)


VB Forecast + Options Trading Strategies   VB  Vanguard Group, Inc. - Vanguard Small Cap (0.87)


BANC Forecast + Options Trading Strategies   BANC  Banc of California (0.86)



Uncorrelated Assets

Assets with little price relationship to PSP



OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.0)


ADI Forecast + Options Trading Strategies   ADI  Analog Devices (-0.0)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.0)


EA Forecast + Options Trading Strategies   EA  Electronic Arts (-0.01)


M Forecast + Options Trading Strategies   M  Macy's (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PSP



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.6)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.62)


DG Forecast + Options Trading Strategies   DG  Dollar General (-0.67)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.77)


SPDN Forecast + Options Trading Strategies   SPDN  Direxion Daily S&P 500 Bear 1X Shares (-0.8)









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