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



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


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


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


KKR Forecast + Options Trading Strategies   KKR  KKR (0.98)


DGRO Forecast + Options Trading Strategies   DGRO  iShares Core Dividend Growth (0.98)



Uncorrelated Assets

Assets with little price relationship to VOTE



HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (0.0)


S Forecast + Options Trading Strategies   S  Sprint (-0.01)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.01)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (0.01)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against VOTE



HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.89)


AMN Forecast + Options Trading Strategies   AMN  AMN Healthcare Services (-0.89)


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


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (-0.91)


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









Become a more profitable investor with AI optimized trading strategies






×

Chat with VOTE


 Ask any question about VOTE!