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Bullish Case: VLO shows a buoyant energy market trajectory, supported by significant institutional investment and boosts in renewable diesel amidst strong financial reports. Recent price appreciation and low volatility forecast a steady upward trend.


Bearish Case: Recent insider sales and high volatility in the short term could indicate overvaluation, with potential negative adjustments to earnings forecasts and bearish pressure from sectoral downturns.


Potential Outcomes:

1) 35% chance of continued bullish trend due to institutional confidence.

2) 40% chance of neutral performance amidst market adjustments.

3) 25% risk of bearish downturn influenced by sectoral and economic pressures.


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April 18, 2024


Valero Energy Forecast

VLO        Valero Energy
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with VLO



MPC Forecast + Options Trading Strategies   [MPC]  Marathon Petroleum (0.91)


PRIM Forecast + Options Trading Strategies   [PRIM]  Primoris Services (0.9)


RSI Forecast + Options Trading Strategies   [RSI]  Rush Street Interactive (0.89)


LPLA Forecast + Options Trading Strategies   [LPLA]  LPL Financial (0.88)


CAT Forecast + Options Trading Strategies   [CAT]  Caterpillar (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to VLO



EW Forecast + Options Trading Strategies   [EW]  Edwards Lifesciences (0.0)


BERY Forecast + Options Trading Strategies   [BERY]  Berry (0.01)


RMBS Forecast + Options Trading Strategies   [RMBS]  Rambus (0.01)


TNDM Forecast + Options Trading Strategies   [TNDM]  Tandem Diabetes Care (0.01)


MT Forecast + Options Trading Strategies   [MT]  New York Shares (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against VLO



ZLAB Forecast + Options Trading Strategies   [ZLAB]  Zai Lab (-0.81)


XEL Forecast + Options Trading Strategies   [XEL]  Xcel Energy (-0.82)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.82)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (-0.87)


VRSN Forecast + Options Trading Strategies   [VRSN]  Verisign (-0.89)





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