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Bullish Case: ZION's recent positive price stabilization and modest uptick suggests a potential recovery. Low valuation (P/B ratio: 1.5) could attract value investors.


Bearish Case: Recent price action is flat and AI forecast shows a minor decline. Historically, there's significant price decline and continued market uncertainty.


Potential Outcomes: 65% chance of slight upside in near term supported by low P/B ratio and recent price stability. 35% chance of further flat/downside action, per AI forecast.


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April 12, 2024


Zions Bancorporation N.A Forecast

ZION        Zions Bancorporation N.A
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ZION



WAL Forecast + Options Trading Strategies   [WAL]  Western Alliance Bancorp (0.98)


BOH Forecast + Options Trading Strategies   [BOH]  Bank of Hawaii (0.94)


KRE Forecast + Options Trading Strategies   [KRE]  SPDR S&P Regional Banking (0.93)


CE Forecast + Options Trading Strategies   [CE]  Series (0.93)


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



Uncorrelated Stock Forecasts

Assets with little price relationship to ZION



SIVR Forecast + Options Trading Strategies   [SIVR]  Aberdeen Standard Physical Silver Shares (-0.0)


GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (-0.01)


JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (0.01)


NKTR Forecast + Options Trading Strategies   [NKTR]  Nektar Therapeutics (0.01)


MEG Forecast + Options Trading Strategies   [MEG]  Montrose Environmental (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ZION



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.85)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.86)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.86)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.87)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.87)





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