MAG Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: MAG Silver could see significant gains driven by positive earnings reports and increased silver prices, bolstered by improving demand in industrial sectors and precious metals investment.




Bearish Case: Continued market pessimism, driven by external economic pressures and fluctuating silver prices, may cap MAG's upside and lead to further dips in share value.




Potential Outcomes:

1. 50% - Strong production increases drive price above $17 within 60 days.
2. 30% - Continued bearish sentiment leads to price stagnation around $15.
3. 20% - Unexpected geopolitical tensions spike volatility, pushing prices significantly up or down.




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December 04, 2024


MAG Silver Forecast

MAG        MAG Silver











Correlated Assets

Assets that tend to move strongly with MAG



JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (0.97)


WPM Forecast + Options Trading Strategies   WPM  Wheaton Precious Metals (0.95)


RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (0.94)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.92)


KNTK Forecast + Options Trading Strategies   KNTK  Kinetik (0.9)



Uncorrelated Assets

Assets with little price relationship to MAG



AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (0.0)


CRNT Forecast + Options Trading Strategies   CRNT  Ceragon Networks (-0.0)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.0)


AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (0.01)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against MAG



WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.83)


EWCZ Forecast + Options Trading Strategies   EWCZ  European Wax Center (-0.83)


LESL Forecast + Options Trading Strategies   LESL  Leslies (-0.85)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.87)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.89)









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