Wheaton Precious Stock Forward View - Simple Exponential Smoothing
| WPM Stock | CAD 205.43 6.17 2.92% |
Wheaton Stock outlook is based on your current time horizon.
The value of RSI of Wheaton Precious' share price is above 70 as of today. This entails that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Wheaton, making its price go up or down. Momentum 71
Buy Stretched
Oversold | Overbought |
Using Wheaton Precious hype-based prediction, you can estimate the value of Wheaton Precious Metals from the perspective of Wheaton Precious response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Wheaton Precious Metals on the next trading day is expected to be 205.43 with a mean absolute deviation of 3.00 and the sum of the absolute errors of 179.99. Wheaton Precious after-hype prediction price | CAD 205.43 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Wheaton |
Wheaton Precious Additional Predictive Modules
Most predictive techniques to examine Wheaton price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wheaton using various technical indicators. When you analyze Wheaton charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wheaton Precious Simple Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Wheaton Precious Metals on the next trading day is expected to be 205.43 with a mean absolute deviation of 3.00, mean absolute percentage error of 13.41, and the sum of the absolute errors of 179.99.Please note that although there have been many attempts to predict Wheaton Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Wheaton Precious' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wheaton Precious Stock Forecast Pattern
| Backtest Wheaton Precious | Wheaton Precious Price Prediction | Buy or Sell Advice |
Wheaton Precious Forecasted Value
In the context of forecasting Wheaton Precious' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Wheaton Precious' downside and upside margins for the forecasting period are 203.32 and 207.54, respectively. We have considered Wheaton Precious' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Wheaton Precious stock data series using in forecasting. Note that when a statistical model is used to represent Wheaton Precious stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.8684 |
| Bias | Arithmetic mean of the errors | -1.1498 |
| MAD | Mean absolute deviation | 2.9998 |
| MAPE | Mean absolute percentage error | 0.0183 |
| SAE | Sum of the absolute errors | 179.99 |
Predictive Modules for Wheaton Precious
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wheaton Precious Metals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Wheaton Precious After-Hype Price Density Analysis
As far as predicting the price of Wheaton Precious at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Wheaton Precious or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Wheaton Precious, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Wheaton Precious Estimiated After-Hype Price Volatility
In the context of predicting Wheaton Precious' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wheaton Precious' historical news coverage. Wheaton Precious' after-hype downside and upside margins for the prediction period are 203.32 and 207.54, respectively. We have considered Wheaton Precious' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Wheaton Precious is very steady at this time. Analysis and calculation of next after-hype price of Wheaton Precious Metals is based on 3 months time horizon.
Wheaton Precious Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Wheaton Precious is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wheaton Precious backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Wheaton Precious, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.70 | 2.11 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
205.43 | 205.43 | 0.00 |
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Wheaton Precious Hype Timeline
Wheaton Precious Metals is at this time traded for 205.43on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Wheaton is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.7%. %. The volatility of related hype on Wheaton Precious is about 0.0%, with the expected price after the next announcement by competition of 205.43. About 73.0% of the company outstanding shares are owned by institutional investors. The company last dividend was issued on the 20th of November 2025. Wheaton Precious Metals had 1:5 split on the 21st of December 2004. Assuming the 90 days trading horizon the next expected press release will be any time. Check out Historical Fundamental Analysis of Wheaton Precious to cross-verify your projections.Wheaton Precious Related Hype Analysis
Having access to credible news sources related to Wheaton Precious' direct competition is more important than ever and may enhance your ability to predict Wheaton Precious' future price movements. Getting to know how Wheaton Precious' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Wheaton Precious may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FNV | Franco Nevada | 0.00 | 0 per month | 1.01 | 0.26 | 2.95 | (2.00) | 8.33 | |
| ABX | Barrick Gold Corp | 0.00 | 0 per month | 1.45 | 0.29 | 4.31 | (2.84) | 11.66 | |
| K | Kinross Gold Corp | 0.00 | 0 per month | 1.89 | 0.25 | 4.84 | (3.57) | 12.32 | |
| LUG | Lundin Gold | 0.00 | 0 per month | 2.21 | 0.12 | 5.95 | (3.33) | 15.29 | |
| EDV | Endeavour Mining Corp | 0.00 | 0 per month | 2.18 | 0.22 | 4.78 | (4.20) | 12.37 | |
| AGI | Alamos Gold | 0.00 | 0 per month | 2.38 | 0.16 | 4.79 | (3.76) | 11.97 | |
| OR | Osisko Gold Ro | 0.00 | 0 per month | 1.28 | 0.23 | 4.09 | (2.84) | 8.42 | |
| XTG | Xtra Gold Resources Corp | 0.00 | 0 per month | 2.33 | 0.04 | 4.30 | (3.20) | 13.55 | |
| AEM | Agnico Eagle Mines | 0.00 | 0 per month | 1.94 | 0.17 | 3.88 | (3.77) | 9.32 | |
| ELE | Elemental Royalties Corp | 0.00 | 0 per month | 3.04 | 0.17 | 6.48 | (5.26) | 17.80 |
Other Forecasting Options for Wheaton Precious
For every potential investor in Wheaton, whether a beginner or expert, Wheaton Precious' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wheaton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wheaton. Basic forecasting techniques help filter out the noise by identifying Wheaton Precious' price trends.Wheaton Precious Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wheaton Precious stock to make a market-neutral strategy. Peer analysis of Wheaton Precious could also be used in its relative valuation, which is a method of valuing Wheaton Precious by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wheaton Precious Market Strength Events
Market strength indicators help investors to evaluate how Wheaton Precious stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wheaton Precious shares will generate the highest return on investment. By undertsting and applying Wheaton Precious stock market strength indicators, traders can identify Wheaton Precious Metals entry and exit signals to maximize returns.
| Accumulation Distribution | 59542.32 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 207.72 | |||
| Day Typical Price | 206.95 | |||
| Price Action Indicator | (5.37) | |||
| Period Momentum Indicator | (6.17) | |||
| Relative Strength Index | 71.59 |
Wheaton Precious Risk Indicators
The analysis of Wheaton Precious' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Wheaton Precious' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wheaton stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.73 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.45 | |||
| Downside Variance | 4.25 | |||
| Semi Variance | 2.0 | |||
| Expected Short fall | (1.89) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Wheaton Precious
The number of cover stories for Wheaton Precious depends on current market conditions and Wheaton Precious' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Wheaton Precious is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Wheaton Precious' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Wheaton Precious Short Properties
Wheaton Precious' future price predictability will typically decrease when Wheaton Precious' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Wheaton Precious Metals often depends not only on the future outlook of the potential Wheaton Precious' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Wheaton Precious' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 454.1 M | |
| Cash And Short Term Investments | 818.2 M |
Check out Historical Fundamental Analysis of Wheaton Precious to cross-verify your projections. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.