SDS Forecast


Bullish Case: Recent uptick in institutional interest coupled with SDS's historical mean reversion provides a potential bullish reversion to a higher price level in the near term.


Bearish Case: SDS's long-term downward price trend and current negative performance outlook reflect underlying market strength, suggesting continued bearish momentum.


Potential Outcomes:

1) SDS rebounds short-term due to mean reversion - 40%.

2) SDS follows long-term downtrend, drops further - 45%.

3) Sideways as implied volatility is low - 15%.


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April 16, 2024


ProShares UltraShort S&P500 Forecast

SDS        ProShares UltraShort S&P500
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SDS



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (1.0)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (0.98)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (0.98)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (0.97)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to SDS



NVS Forecast + Options Trading Strategies   NVS  Novartis (-0.0)


DLO Forecast + Options Trading Strategies   DLO  DLocal (0.0)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.01)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.01)


BXMT Forecast + Options Trading Strategies   BXMT  Blackstone Mortgage (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SDS



IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (-1.0)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (-1.0)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (-1.0)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (-1.0)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (-1.0)





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