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Bullish Case: XME's price has shown steady growth over the last year and increased 8.5% over the past month, suggesting a positive sector momentum.


Bearish Case: Flat term structure and recent Helium-Trades implied volatility being higher than market indicate potential stagnation or minimal price movements.


Potential Outcomes:

1. XME stabilizes due to flat term structure: 40%;

2. Continues uptrend from sector momentum: 35%;

3. Corrects from over-extension: 25%.


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March 30, 2024


SPDR Metals & Mining Forecast

XME        SPDR Metals & Mining
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with XME



CE Forecast + Options Trading Strategies   [CE]  Series (0.94)


SLG Forecast + Options Trading Strategies   [SLG]  SL Green Realty (0.93)


IIPR Forecast + Options Trading Strategies   [IIPR]  Innovative Industrial Properties (0.93)


CG Forecast + Options Trading Strategies   [CG]  Carlyle (0.93)


BX Forecast + Options Trading Strategies   [BX]  Blackstone (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to XME



AI Forecast + Options Trading Strategies   [AI]  C3.ai (0.0)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (-0.0)


SILJ Forecast + Options Trading Strategies   [SILJ]  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.0)


BOOM Forecast + Options Trading Strategies   [BOOM]  DMC (-0.0)


BBAI Forecast + Options Trading Strategies   [BBAI]  BigBear.ai (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XME



VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.88)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.9)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.9)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.9)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.9)





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