Back

Bullish Case: KOLD's recent spike (170% from two years ago) and bullish Helium AI forecast (+2.24%) suggest momentum, despite a negative historical correlation with AI predictions.


Bearish Case: KOLD's historical price return is mean reverting with substantial declines over longer time frames (45.1% down from ten years ago).


Potential Outcomes: 65% chance KOLD maintains near-term bullish trend given AI forecast; 25% mean reversion continues; 10% external factors increase volatility.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 06, 2024


ProShares UltraShort Bloomberg Natural Gas Forecast

KOLD        ProShares UltraShort Bloomberg Natural Gas
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with KOLD



WING Forecast + Options Trading Strategies   [WING]  Wingstop (0.85)


MFC Forecast + Options Trading Strategies   [MFC]  Manulife Financial (0.84)


VZ Forecast + Options Trading Strategies   [VZ]  Verizon Communications (0.84)


PAGS Forecast + Options Trading Strategies   [PAGS]  PagSeguro Digital (0.84)


TXRH Forecast + Options Trading Strategies   [TXRH]  Texas Roadhouse (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to KOLD



SE Forecast + Options Trading Strategies   [SE]  Sea (0.0)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (0.0)


D Forecast + Options Trading Strategies   [D]  Dominion Energy (-0.0)


ARKG Forecast + Options Trading Strategies   [ARKG]  ARK Investment Management LLC - ARK Genomic Revolution (0.0)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KOLD



CELH Forecast + Options Trading Strategies   [CELH]  Celsius (-0.74)


EXTR Forecast + Options Trading Strategies   [EXTR]  Extreme Networks (-0.76)


EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.79)


RILY Forecast + Options Trading Strategies   [RILY]  B. Riley Financial (-0.79)


CRK Forecast + Options Trading Strategies   [CRK]  Comstock Resources (-0.91)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!