RAYS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: RAYS's mean-reverting nature and increasing demand for solar energy could lead to price recovery, supported by high implied volatility potentially signaling a volatility squeeze.




Bearish Case: Persistent high implied volatility and past performance suggest further declines, coupled with economic pressures and market skepticism hindering recovery prospects.




Potential Outcomes:

1. 60% chance of mean-reversion stabilization.

2. 30% possibility of further decline.

3. 10% chance of significant rally due to favorable solar trends.



June 20, 2025


Global X Funds - Global X Solar Forecast

RAYS        Global X Funds - Global X Solar











Correlated Assets

Assets that tend to move strongly with RAYS



OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.89)


CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (0.89)


DOW Forecast + Options Trading Strategies   DOW  Dow (0.87)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.87)


AMD Forecast + Options Trading Strategies   AMD  Advanced Micro Devices (0.86)



Uncorrelated Assets

Assets with little price relationship to RAYS



TAL Forecast + Options Trading Strategies   TAL  TAL Education (0.01)


EWW Forecast + Options Trading Strategies   EWW  iShares MSCI Mexico (-0.01)


ROK Forecast + Options Trading Strategies   ROK  Rockwell Automation (-0.03)


PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.03)


HSIC Forecast + Options Trading Strategies   HSIC  Henry Schein (0.03)



Anticorrelated Assets

Assets that tend to move strongly against RAYS



EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.73)


SAP Forecast + Options Trading Strategies   SAP  Sap SE (-0.74)


CNP Forecast + Options Trading Strategies   CNP  Centerpoint Energy (-0.75)


VRSN Forecast + Options Trading Strategies   VRSN  Verisign (-0.77)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.77)









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