RIGS Forecast


Bullish Case: RIGS may appreciate as regulatory support for electric vehicles escalates, potentially unlocking demand for associated technologies and infrastructure. Positive shifts in market sentiment could reverse the historical flat trend, leading to price recovery.




Bearish Case: Ongoing delivery delays in electric truck rollouts and geopolitical tensions may further dampen investor confidence, potentially exacerbating the historical flat price action and leading to negative returns over the next few years.




Potential Outcomes:
  • Regulatory support for EVs (20%)
  • Continued delivery delays (30%)
  • Geopolitical tensions affecting oil prices (10%)
  • Breakthroughs in alternative energy tech (15%)
  • Persisting flat price trend (25%)




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November 30, 2024


RiverFront Strategic Income Forecast

RIGS        RiverFront Strategic Income











Correlated Assets

Assets that tend to move strongly with RIGS



MFA Forecast + Options Trading Strategies   MFA  MFA Financial (0.84)


INFY Forecast + Options Trading Strategies   INFY  Infosys (0.81)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.81)


TRP Forecast + Options Trading Strategies   TRP  TC Energy (0.79)


COMM Forecast + Options Trading Strategies   COMM  CommScope (0.78)



Uncorrelated Assets

Assets with little price relationship to RIGS



SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (-0.0)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.01)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (0.01)


CRNT Forecast + Options Trading Strategies   CRNT  Ceragon Networks (0.02)


CG Forecast + Options Trading Strategies   CG  Carlyle (0.02)



Anticorrelated Assets

Assets that tend to move strongly against RIGS



RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.63)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (-0.66)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.67)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.71)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.85)









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