USB Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: USB's focus on digital transformation and strong earnings report highlight growth potential, with stabilization in implied volatility reducing downside risks.




Bearish Case: Despite improving fundamentals, macroeconomic uncertainties and high volatility risk remain significant, particularly with backwardation suggesting future uncertainty.




Potential Outcomes:
  • Economic rebound boosts USB: 45%
  • Continued macro challenges pressure USB: 35%
  • Regulatory changes provide mixed impact: 15%
  • Unexpected market shocks cause decline: 5%



May 10, 2025


U.S. Bancorp. Forecast

USB        U.S. Bancorp.











Correlated Assets

Assets that tend to move strongly with USB



PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.97)


FITB Forecast + Options Trading Strategies   FITB  Fifth Third Bancorp (0.97)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.95)


BANC Forecast + Options Trading Strategies   BANC  Banc of California (0.93)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.9)



Uncorrelated Assets

Assets with little price relationship to USB



HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (0.0)


MFA Forecast + Options Trading Strategies   MFA  MFA Financial (-0.0)


EPI Forecast + Options Trading Strategies   EPI  WisdomTree India Earnings (0.0)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (-0.01)


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



Anticorrelated Assets

Assets that tend to move strongly against USB



ACMR Forecast + Options Trading Strategies   ACMR  ACM Research (-0.5)


GROY Forecast + Options Trading Strategies   GROY  Gold Royalty (-0.52)


PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (-0.61)


EWW Forecast + Options Trading Strategies   EWW  iShares MSCI Mexico (-0.69)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.75)









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