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Bullish Case: With recent flat price action, potential for mean reversion, and low implied volatility indicating limited downside risk, there's room for near-term upside as market conditions improve.


Bearish Case: Given EQR's persistent underperformance relative to historical prices and recent price decline, structural issues and market headwinds could continue to exert downward pressure.


Potential Outcomes:

1) Near-term recovery as implied by historical resilience (40% chance).

2) Continued sideways movement with low option trading volume (35% chance).

3) Further price decline impacted by negative long-term trend (25% chance).


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April 17, 2024


Equity Residential Properties Forecast

EQR        Equity Residential Properties
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

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UAL Forecast + Options Trading Strategies   UAL  United Airlines (0.87)


CNHI Forecast + Options Trading Strategies   CNHI  CNH Industrial (0.84)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.83)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.81)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.8)



Uncorrelated Stock Forecasts

Assets with little price relationship to EQR



USD Forecast + Options Trading Strategies   USD  ProShares Ultra Semiconductors (-0.0)


OCSL Forecast + Options Trading Strategies   OCSL  Oaktree Specialty Lending (-0.0)


XLF Forecast + Options Trading Strategies   XLF  Financial Select Sector SPDR (-0.0)


OEC Forecast + Options Trading Strategies   OEC  Orion Engineered Carbons (-0.0)


UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EQR



LOPE Forecast + Options Trading Strategies   LOPE  Grand Canyon Education (-0.61)


CWCO Forecast + Options Trading Strategies   CWCO  Consolidated Water (-0.61)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.62)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.63)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.7)





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