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Bullish Case: Dominion's strategic expansion into renewables and data center power supply underpins a potential rally as Northern Virginia's energy demand surges.


Bearish Case: Historical underperformance and volatility, coupled with debt concerns, cast a shadow on Dominion's short-term stock prospects.


Potential Outcomes: Renewable project successes drive stock up (40%); ongoing debt management issues limit gains (30%); market volatility incites fluctuations (30%).


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April 16, 2024


Dominion Energy Forecast

D        Dominion Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with D



XLU Forecast + Options Trading Strategies   [XLU]  Utilities Select Sector SPDR (0.97)


BKH Forecast + Options Trading Strategies   [BKH]  Black Hills (0.94)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.94)


ES Forecast + Options Trading Strategies   [ES]  Eversource Energy (0.92)


NEE Forecast + Options Trading Strategies   [NEE]  NextEra Energy (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to D



EH Forecast + Options Trading Strategies   [EH]  EHang Holdings Ltd - (0.0)


ORCL Forecast + Options Trading Strategies   [ORCL]  Oracle (0.0)


ITA Forecast + Options Trading Strategies   [ITA]  BTC iShares U.S. Aerospac (0.0)


VZ Forecast + Options Trading Strategies   [VZ]  Verizon Communications (-0.0)


RKT Forecast + Options Trading Strategies   [RKT]  Rocket Companies (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against D



UUUU Forecast + Options Trading Strategies   [UUUU]  Energy Fuels (-0.73)


EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.77)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.77)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.77)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.81)





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