The following stocks seems to follow the best the wood price (green). BILLERUD, ESSITY Others are more volatile by other impacts.
ESSITY B on Stockholm exchange bear scenario. Has 3 gaps by now. My bear target is 260 by March 2020
Consumer Defensive / Consumer Cyclical 30/12/2019 Close Long: ESSITY_B Current Price SEK: 301.80 Short: WESC_AB Current Price SEK: 0.0046 ESSITY / WESC spread Entry Range: 65608.70 ESSITY / WESC spread Hard Stop: 59076.70 (10%) ESSITY / WESC spread Soft Target: 85374.00 (30%) BETA hedge For every SEK 1.00 Long of ESSITY_B ...
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