SAND Forecast + Trading Strategies


Bullish Case: SAND's implied volatility is expected to stabilize, and historical returns indicate potential for moderate upside. Increased call options volume suggests bullish sentiment.


Bearish Case: Historical data shows a strong likelihood of minimal or negative returns, and implied volatility remains high. Concern about global economic uncertainty may weigh on gold equity sentiment.


Potential Outcomes: 60% chance of flat to moderate price increase (1-2%) due to stable implied volatility, 40% risk of decline influenced by economic factors and heavy implied volatility.


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July 20, 2024


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)


SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.9)


PAAS Forecast + Options Trading Strategies   PAAS  Pan American Silver (0.9)


MAG Forecast + Options Trading Strategies   MAG  MAG Silver (0.88)


AGQ Forecast + Options Trading Strategies   AGQ  ProShares Ultra Silver (0.87)



Uncorrelated Assets

Assets with little price relationship to SAND



AJG Forecast + Options Trading Strategies   AJG  Arthur J. Gallagher (-0.0)


BDX Forecast + Options Trading Strategies   BDX  Becton, Dickinson And Company (-0.0)


COLB Forecast + Options Trading Strategies   COLB  Columbia Banking System (-0.0)


OMEX Forecast + Options Trading Strategies   OMEX  Odyssey Marine Exploration (-0.0)


AKBA Forecast + Options Trading Strategies   AKBA  Akebia Therapeutics (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SAND



ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.71)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.71)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.72)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.72)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.73)





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