ROAD Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Increased infrastructure spending and tech advancements likely boost ROAD. Moderate implied volatilities signal upward potential.




Bearish Case: Ongoing labor shortages and regulatory pressures could elevate costs and restrict growth, despite infrastructure investment opportunities.




Potential Outcomes: 60% chance of increased infrastructure investment boosting ROAD above $95, 30% chance labor shortages continue, slowing growth.




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December 24, 2024


Construction Forecast

ROAD        Construction











Correlated Assets

Assets that tend to move strongly with ROAD



KKR Forecast + Options Trading Strategies   KKR  KKR (0.97)


RSI Forecast + Options Trading Strategies   RSI  Rush Street Interactive (0.95)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.95)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.95)


SPYV Forecast + Options Trading Strategies   SPYV  SPDR Portfolio S&P 500 Value (0.95)



Uncorrelated Assets

Assets with little price relationship to ROAD



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.0)


ATUS Forecast + Options Trading Strategies   ATUS  Altice USA (-0.0)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.0)


GSG Forecast + Options Trading Strategies   GSG  BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed (-0.02)


UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.02)



Anticorrelated Assets

Assets that tend to move strongly against ROAD



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.89)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.89)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.89)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)









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