AI ROOF Forecast


Bullish Case: ROOF's historical price return surface highlights a strong uptick in price returns around the 1-2 year mark, suggesting potential growth driven by increasing demand and inventory constraints in the real estate sector.


Bearish Case: Persistently high mortgage rates and potential economic instability could suppress demand, leading to further downward pressure on ROOF prices, as indicated by historical return patterns exhibiting flat performance over extended holding periods.


Potential Outcomes:

1) Continued high mortgage rates (60%);

2) Increased housing demand due to localized economic development (45%);

3) Market downturn from economic shocks or political instability (50%);

4) Technological advancements influencing real estate (35%).


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September 10, 2024


IQ U.S. Real Estate Small Cap Forecast

ROOF      IQ U.S. Real Estate Small Cap











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Assets that tend to move strongly with ROOF



VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (0.98)


DRN Forecast + Options Trading Strategies   DRN  Direxion Real Estate Bull 3x Shares (0.98)


XLRE Forecast + Options Trading Strategies   XLRE  Real Estate Select Sector SPDR (0.97)


BXP Forecast + Options Trading Strategies   BXP  Boston Properties (0.92)


AMT Forecast + Options Trading Strategies   AMT  American Tower (0.92)



Uncorrelated Assets

Assets with little price relationship to ROOF



KSS Forecast + Options Trading Strategies   KSS  Kohl's (0.0)


ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (0.0)


FTV Forecast + Options Trading Strategies   FTV  Fortive (0.0)


MEOH Forecast + Options Trading Strategies   MEOH  Methanex (-0.01)


DKNG Forecast + Options Trading Strategies   DKNG  DraftKings (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ROOF



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.73)


CELH Forecast + Options Trading Strategies   CELH  Celsius (-0.74)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.91)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.91)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.94)





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