SAND Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: SAND's price has surged over 50% in a year, supported by strategic acquisitions and increased investor confidence, suggesting further appreciation.




Bearish Case: High implied volatility indicates market uncertainty, with risks from broader economic instability potentially impacting SAND's performance negatively.




Potential Outcomes:
  • 60% chance of moderate growth due to increasing investor confidence and strategic initiatives.
  • 30% chance of stagnation amid economic pressures.
  • 10% risk of decline if macroeconomic challenges worsen.



April 29, 2025


Sandstorm Gold Forecast

SAND        Sandstorm Gold











Correlated Assets

Assets that tend to move strongly with SAND



JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (0.91)


EQX Forecast + Options Trading Strategies   EQX  Equinox Gold (0.82)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (0.81)


EXC Forecast + Options Trading Strategies   EXC  Exelon (0.77)


MP Forecast + Options Trading Strategies   MP  MP Materials (0.7)



Uncorrelated Assets

Assets with little price relationship to SAND



ACAD Forecast + Options Trading Strategies   ACAD  Acadia Pharmaceuticals (0.01)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.02)


CF Forecast + Options Trading Strategies   CF  CF Industries (0.03)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.03)


VSCO Forecast + Options Trading Strategies   VSCO  Victoria's Secret (0.03)



Anticorrelated Assets

Assets that tend to move strongly against SAND



NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.57)


M Forecast + Options Trading Strategies   M  Macy's (-0.59)


WNC Forecast + Options Trading Strategies   WNC  Wabash National (-0.59)


ATKR Forecast + Options Trading Strategies   ATKR  Atkore (-0.6)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (-0.7)









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