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Bullish Case: SCCO's expansion in Chile suggests strong fundamentals. Institutional buying, such as by Kestra, and insider transactions point towards underlying strength.


Bearish Case: Insider sales, a high P/B ratio, institutional selling, and uncertainty in the copper market contribute to a bearish outlook for SCCO.


Potential Outcomes: 60% chance of moderate price stabilization; 25% chance of decline due to dividend concerns and institutional selling; 15% chance of price rise on Chilean project expansion.


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April 16, 2024


Southern Copper Forecast

SCCO        Southern Copper
Price Forecast: BULLISH    Price Action: RANDOM (?)











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CSTM Forecast + Options Trading Strategies   CSTM  Constellium SE (0.88)


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Uncorrelated Stock Forecasts

Assets with little price relationship to SCCO



KLIC Forecast + Options Trading Strategies   KLIC  Kulicke & Soffa Industries (0.0)


LGIH Forecast + Options Trading Strategies   LGIH  LGI Homes (0.0)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.0)


SEE Forecast + Options Trading Strategies   SEE  Sealed Air (0.0)


SSTK Forecast + Options Trading Strategies   SSTK  Shutterstock (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SCCO



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.82)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.82)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.82)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.84)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.84)





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