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Bullish Case: PMT's robust Q4 2023 earnings, opportunistic investments, and management’s risk control indicate potential resilience against interest rate volatility, setting a stage for potential growth.


Bearish Case: Historical price deterioration, recent flat price action, and persistently high volatility suggest underlying negative trends that may continue to pressure PMT's stock price.


Potential Outcomes:

1. Price uptick from Q4 earnings and investments: 45%.

2. Flat trend with hovering volatility: 40%.

3. Downside from historical trends and market volatility: 15%.


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April 06, 2024


Pennymac Mortgage Investment Forecast

PMT        Pennymac Mortgage Investment
Price Forecast: BULLISH    Price Action: RANDOM (?)






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EXPE Forecast + Options Trading Strategies   [EXPE]  Expedia (0.92)


DHI Forecast + Options Trading Strategies   [DHI]  D.R. Horton (0.9)


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RCL Forecast + Options Trading Strategies   [RCL]  Royal Caribbean (0.88)



Uncorrelated Stock Forecasts

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ARLP Forecast + Options Trading Strategies   [ARLP]  Alliance Resource (-0.0)


XLP Forecast + Options Trading Strategies   [XLP]  Consumer Staples Select Sector SPDR (-0.0)


EQR Forecast + Options Trading Strategies   [EQR]  Equity Residential Properties (-0.01)


PZZA Forecast + Options Trading Strategies   [PZZA]  Papa John's International (-0.01)


BKR Forecast + Options Trading Strategies   [BKR]  Baker Hughes (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PMT



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SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.84)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.85)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.85)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.85)





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