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Bullish Case: Extended bullish pattern; strategic innovations and solid earnings upswing demonstrated in recent financial disclosures, compounded by consistent insider purchases signaling corporate confidence.


Bearish Case: Visible signs of overvaluation paired with looming competition threats and an unsteady market sentiment highlighted by sporadic institutional divestments present a risky terrain.


Potential Outcomes:

1. Surprise earnings beat leads to a sharp price increase (30%).

2. Competition escalates, dragging performance below market expectations (40%).

3. Sectoral downturn leads to underperformance irrespective of company actions (30%).


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April 19, 2024


Kinross Gold Forecast

KGC        Kinross Gold
Price Forecast: BULLISH    Price Action: RANDOM (?)











Correlated Stock Forecasts

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EGO Forecast + Options Trading Strategies   EGO  Eldorado Gold (0.9)


HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (0.87)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.84)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.83)


GATO Forecast + Options Trading Strategies   GATO  Gatos Silver (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to KGC



CPG Forecast + Options Trading Strategies   CPG  Crescent Point Energy (0.0)


AAPL Forecast + Options Trading Strategies   AAPL  Apple (0.0)


TPR Forecast + Options Trading Strategies   TPR  Tapestry (-0.0)


ARKQ Forecast + Options Trading Strategies   ARKQ  ARK Autonomous Technology & Robotics E (-0.0)


REM Forecast + Options Trading Strategies   REM  iShares Mortgage Real Est (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KGC



LAZR Forecast + Options Trading Strategies   LAZR  Luminar (-0.71)


GLL Forecast + Options Trading Strategies   GLL  ProShares UltraShort Gold (-0.72)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.72)


ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (-0.72)


POET Forecast + Options Trading Strategies   POET  POET (-0.75)





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