UGA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: UGA's growth potential is robust with strategic partnerships and positive market sentiment. Implied volatility forecasts are stable, supporting favorable pricing trends. Increased call volumes indicate bullish sentiment.




Bearish Case: UGA faces risks from market volatility and recent price dips. The flat term structure and high implied volatility suggest potential overvaluation and correction risks. Concerns over energy sector instability add to downside pressure.




Potential Outcomes:

1. Price rises due to strategic partnerships (60%).

2. Correction due to high volatility (30%).

3. Stable trading as market finds equilibrium (10%).



May 20, 2025


United States Commodity Funds Forecast

UGA        United States Commodity Funds











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Anticorrelated Assets

Assets that tend to move strongly against UGA



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