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Bullish Case: Strong financial performance, recent affirmations of investment grade credit, expanding venture capital lending illustrate Herc's growth trajectory, despite a mean-reverting price history.


Bearish Case: Long-term price underperformance and high volatility indicate investor skepticism. Potential interest rate shifts could impact Herc's debt portfolio yields adversely.


Potential Outcomes: 60% chance continued financial robustness and growth. 30% chance bearish turn with heightened volatility. 10% wildcard: major unexpected corporate development.


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April 12, 2024


Herc Forecast

HRI        Herc
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HRI



XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (0.97)


PAVE Forecast + Options Trading Strategies   [PAVE]  Global X Funds - Global X U.S. Infrastructure Development (0.96)


FROG Forecast + Options Trading Strategies   [FROG]  JFrog (0.95)


SSO Forecast + Options Trading Strategies   [SSO]  ProShares Ultra S&P500 (0.95)


ITB Forecast + Options Trading Strategies   [ITB]  BTC iShares U.S. Home Construction (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to HRI



HOLX Forecast + Options Trading Strategies   [HOLX]  Hologic (0.0)


OHI Forecast + Options Trading Strategies   [OHI]  Omega Healthcare Investors (0.0)


JNJ Forecast + Options Trading Strategies   [JNJ]  Johnson & Johnson (-0.01)


CCI Forecast + Options Trading Strategies   [CCI]  Crown Castle International (0.01)


SEE Forecast + Options Trading Strategies   [SEE]  Sealed Air (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HRI



HDGE Forecast + Options Trading Strategies   [HDGE]  Advisorshares Trust - Ranger Equity Bear (-0.92)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.96)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.96)





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