Bullish Case: ZION's recent positive price stabilization and modest uptick suggests a potential recovery. Low valuation (P/B ratio: 1.5) could attract value investors.


Bearish Case: Recent price action is flat and AI forecast shows a minor decline. Historically, there's significant price decline and continued market uncertainty.


Potential Outcomes: 65% chance of slight upside in near term supported by low P/B ratio and recent price stability. 35% chance of further flat/downside action, per AI forecast.


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April 12, 2024


Zions Bancorporation N.A Forecast

ZION        Zions Bancorporation N.A
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ZION



WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (0.98)


WBS Forecast + Options Trading Strategies   WBS  Webster Financial (0.97)


KEY Forecast + Options Trading Strategies   KEY  Keycorp (0.94)


BOH Forecast + Options Trading Strategies   BOH  Bank of Hawaii (0.94)


OFG Forecast + Options Trading Strategies   OFG  OFG Bancorp (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to ZION



EW Forecast + Options Trading Strategies   EW  Edwards Lifesciences (-0.0)


OHI Forecast + Options Trading Strategies   OHI  Omega Healthcare Investors (0.01)


DTE Forecast + Options Trading Strategies   DTE  DTE Energy (-0.01)


HXL Forecast + Options Trading Strategies   HXL  Hexcel (0.02)


PEG Forecast + Options Trading Strategies   PEG  Public Service Enterprise (0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ZION



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.86)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.86)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.87)





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