PLG Forecast


Bullish Case: SA firm restructuring may cut surplus, easing supply gluts while robust demand from key clients sustains. Nickel-related developments could add further upside.


Bearish Case: Macroeconomic issues persist, mining costs rise, and restructuring strains may limit PLG. Persistent volatility and restrained investor sentiment could hinder price growth.


Potential Outcomes:

1. Restructuring improves margins (25%).

2. Nickel-Fathom synergy sparks speculative rally (20%).

3. Geopolitical risks exacerbate volatility (20%).

4. Continued meaningful mining losses (35%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


July 03, 2024


Platinum Group Metals Forecast

PLG      Platinum Group Metals











Correlated Assets

Assets that tend to move strongly with PLG



SAND Forecast + Options Trading Strategies   SAND  Sandstorm Gold (0.9)


NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.88)


SMTC Forecast + Options Trading Strategies   SMTC  Semtech (0.86)


AMRK Forecast + Options Trading Strategies   AMRK  A-Mark Precious Metals (0.86)


KMB Forecast + Options Trading Strategies   KMB  Kimberly-Clark (0.86)



Uncorrelated Assets

Assets with little price relationship to PLG



FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.0)


VCLT Forecast + Options Trading Strategies   VCLT  Vanguard Long-Term Corporate Bond (-0.0)


BX Forecast + Options Trading Strategies   BX  Blackstone (-0.0)


ON Forecast + Options Trading Strategies   ON  ON Semiconductor (0.0)


ROK Forecast + Options Trading Strategies   ROK  Rockwell Automation (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PLG



NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.78)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.79)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.79)


RPD Forecast + Options Trading Strategies   RPD  Rapid7 (-0.81)


AKAM Forecast + Options Trading Strategies   AKAM  Akamai (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PLG


 Ask any question about PLG!