RNRG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: RNRG benefits from global renewable energy growth and recent technological advances in hydrogen production, enhancing long-term returns.




Bearish Case: Policy shifts favoring coal alongside economic uncertainties may depress RNRG with fierce volatility ahead.




Potential Outcomes: 40% price stagnation due to political uncertainty, 30% decline from economic pressures, 20% rebound via renewable trends, 10% tech breakthrough boosts demand.



May 04, 2025


Global X Renewable Energy Producers Forecast

RNRG        Global X Renewable Energy Producers











Correlated Assets

Assets that tend to move strongly with RNRG



BCE Forecast + Options Trading Strategies   BCE  BCE (0.92)


KURA Forecast + Options Trading Strategies   KURA  Kura Oncology (0.9)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.88)


FSLR Forecast + Options Trading Strategies   FSLR  First Solar (0.88)


STM Forecast + Options Trading Strategies   STM  New York Shares (0.86)



Uncorrelated Assets

Assets with little price relationship to RNRG



OUST Forecast + Options Trading Strategies   OUST  Ouster (0.0)


WHD Forecast + Options Trading Strategies   WHD  Cactus (0.01)


LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (0.01)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (-0.02)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.02)



Anticorrelated Assets

Assets that tend to move strongly against RNRG



AROC Forecast + Options Trading Strategies   AROC  Archrock (-0.8)


MAIN Forecast + Options Trading Strategies   MAIN  Main Street (-0.8)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.82)


RELY Forecast + Options Trading Strategies   RELY  Remitly (-0.82)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.84)









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