KGC Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Higher call option volumes and AI's bullish 1.84% forecast suggest investor optimism with strong institutional backing, making an upward movement probable.




Bearish Case: High implied volatility and backwardation, alongside environmental concerns, suggest persistent risk, with potential declines amid competitive pressures.




Potential Outcomes:

1. 45% probability of price increase over next month due to institutional support and positive gold trends.

2. 35% chance of price stabilization amid mixed signals.

3. 20% possibility of decline driven by volatility and competitive threats.




Trading Oracle: Initiate a bullish credit spread by selling $9 puts and buying $8 puts, expiring in 46 days. This strategy has a 79% probability of profit with positive edge reflecting a strong, short-term bullish outlook.



January 07, 2025


Kinross Gold Forecast

KGC        Kinross Gold











Correlated Assets

Assets that tend to move strongly with KGC



RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (0.98)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.97)


WPM Forecast + Options Trading Strategies   WPM  Wheaton Precious Metals (0.97)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (0.96)


GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (0.95)



Uncorrelated Assets

Assets with little price relationship to KGC



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.0)


INTU Forecast + Options Trading Strategies   INTU  Intuit (-0.01)


S Forecast + Options Trading Strategies   S  Sprint (0.01)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (-0.01)


JOE Forecast + Options Trading Strategies   JOE  St. Joe (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against KGC



LEA Forecast + Options Trading Strategies   LEA  Lear (-0.9)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.91)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.95)









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