VOTE Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Political momentum around climate and social issues could catalyze institutional investment, enhancing VOTE’s upward trajectory. Sustained public and corporate ESG support historically links to positive returns beyond one year.




Bearish Case: Political instability and divisive elections may instill investor fear, leading to significant sell-offs. Historical data suggests heightened risks for VOTE during short holding periods amid such conditions.




Potential Outcomes:

1. Continued legislative wins lead to a 40% price increase (30% probability).

2. Political division results in a 20% drop (25% probability).

3. ESG-driven inquiries spark moderate growth of 15% (20% probability).

4. Profit-taking induces a 10% correction (15% probability).

5. Neutral market conditions stabilize at zero growth (10% probability).




Trading Oracle: Consider implementing $65/$70 call debit spreads expiring in December 2024 in anticipation of positive legislative outcomes. Focus on a 6-12 month outlook, utilizing the favorable long-term historical trend of VOTE. Monitor key political developments closely to adjust positions as necessary.



November 19, 2024


Engine No. 1 ETF Trust - Engine No. 1 Transform 500 Forecast

VOTE        Engine No. 1 ETF Trust - Engine No. 1 Transform 500











Correlated Assets

Assets that tend to move strongly with VOTE



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


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


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


TT Forecast + Options Trading Strategies   TT  Trane (0.98)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.98)



Uncorrelated Assets

Assets with little price relationship to VOTE



GEF Forecast + Options Trading Strategies   GEF  Greif (-0.0)


CALX Forecast + Options Trading Strategies   CALX  Calix (0.01)


UNIT Forecast + Options Trading Strategies   UNIT  Uniti (-0.02)


IGM Forecast + Options Trading Strategies   IGM  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector (0.02)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.03)



Anticorrelated Assets

Assets that tend to move strongly against VOTE



APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.9)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.91)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.91)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-1.0)


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









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