AEM Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Anticipated steady gold prices are projected to drive AEM's profitability, supported by solid institutional investments and an emerging positive sentiment that could lead to price appreciation.




Bearish Case: Prolonged economic uncertainties and a flat-term structure suggest a risk of price declines, particularly if market sentiment turns negative, potentially leading to further losses for AEM.




Potential Outcomes:

1) Gold price stabilization leads to a 45% chance of AEM appreciation.

2) Negative market sentiment results in a 35% likelihood of continued AEM price declines.

3) AEM stabilizes with a 20% chance of sideways movement amid mixed signals.




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November 03, 2024


Agnico Eagle Mines Forecast

AEM        Agnico Eagle Mines











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Assets that tend to move strongly with AEM



AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (0.98)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (0.98)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.98)


IAG Forecast + Options Trading Strategies   IAG  Iamgold (0.97)


UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (0.97)



Uncorrelated Assets

Assets with little price relationship to AEM



BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (-0.0)


DAWN Forecast + Options Trading Strategies   DAWN  Day One Biopharmaceuticals (0.0)


CNXT Forecast + Options Trading Strategies   CNXT  VanEck Vectors ChinaAMC SME-ChiNext (-0.01)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (0.01)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.01)



Anticorrelated Assets

Assets that tend to move strongly against AEM



SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.91)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.91)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (-0.91)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.91)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.92)









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