RPG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Low current volatility and past positive returns suggest upward potential for RPG. IV is decreasing, indicating potential bullish sentiment.




Bearish Case: RPG's substantial drop and high historical IV at lower strikes imply continued downside risk in a volatile market environment.




Potential Outcomes: Upside breakout (25%), mean reversion (40%), further decline (35%). Mean reversion is supported by historical returns and current low IV surface.




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January 03, 2025


Invesco S&P 500 Pure Growth Forecast

RPG        Invesco S&P 500 Pure Growth











Correlated Assets

Assets that tend to move strongly with RPG



SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.97)


QUAL Forecast + Options Trading Strategies   QUAL  BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor (0.96)


VGT Forecast + Options Trading Strategies   VGT  Vanguard Information Technology (0.96)


COHR Forecast + Options Trading Strategies   COHR  Coherent (0.95)


CYBR Forecast + Options Trading Strategies   CYBR  CyberArk Software (0.91)



Uncorrelated Assets

Assets with little price relationship to RPG



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.01)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.01)


SKYT Forecast + Options Trading Strategies   SKYT  SkyWater Technology (0.02)


ALGT Forecast + Options Trading Strategies   ALGT  Allegiant Travel (-0.03)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.05)



Anticorrelated Assets

Assets that tend to move strongly against RPG



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.77)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.79)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.82)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.96)









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