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Bullish Case: Dividend increase, analyst upgrades, and stable gold prices create a favorable environment for WPM's growth.


Bearish Case: Market in backwardation signals short-term concern, possibly from macroeconomic headwinds impacting WPM's stock.


Potential Outcomes: 55% chance strong dividend supports price; 30% chance economic instability lowers price; 15% chance neutral market with no major change.


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April 03, 2024


Wheaton Precious Metals Forecast

WPM        Wheaton Precious Metals
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with WPM



SIL Forecast + Options Trading Strategies   [SIL]  Global X Funds - Global X Silver Miners (0.81)


NGD Forecast + Options Trading Strategies   [NGD]  New Gold (0.8)


AEM Forecast + Options Trading Strategies   [AEM]  Agnico Eagle Mines (0.79)


UGL Forecast + Options Trading Strategies   [UGL]  ProShares Ultra Gold (0.77)


GDXJ Forecast + Options Trading Strategies   [GDXJ]  VanEck Vectors Junior Gold Miners (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to WPM



ACGL Forecast + Options Trading Strategies   [ACGL]  Arch (-0.0)


APP Forecast + Options Trading Strategies   [APP]  Applovin Corp (0.0)


AAPL Forecast + Options Trading Strategies   [AAPL]  Apple (0.0)


CARR Forecast + Options Trading Strategies   [CARR]  Carrier (0.0)


DVN Forecast + Options Trading Strategies   [DVN]  Devon Energy (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WPM



EQT Forecast + Options Trading Strategies   [EQT]  EQT (-0.56)


PTEN Forecast + Options Trading Strategies   [PTEN]  Patterson-UTI Energy (-0.6)


WOR Forecast + Options Trading Strategies   [WOR]  Worthington Industries (-0.61)


CELH Forecast + Options Trading Strategies   [CELH]  Celsius (-0.64)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.86)





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