Wheaton Precious Metals Stock Today
| WPM Stock | CAD 72.53 0.01 0.01% |
Performance10 of 100
| Odds Of DistressLess than 6
|
Wheaton Precious is selling at 72.53 as of the 19th of April 2024; that is 0.01 percent increase since the beginning of the trading day. The stock's open price was 72.52. Wheaton Precious has only a 6 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for Wheaton Precious Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada. WHEATON PRECIOUS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 453.14 M outstanding shares of which 1.33 M shares are at this time shorted by private and institutional investors with about 1.48 days to cover all short positions. More on Wheaton Precious Metals
Moving together with Wheaton Stock
| 0.61 | TD-PFM | Toronto Dominion Bank | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Wheaton Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wheaton Precious' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wheaton Precious or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Wheaton Precious' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wheaton Precious' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Randy Smallwood | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Wheaton Precious' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wheaton Precious' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wheaton Precious' financial leverage. It provides some insight into what part of Wheaton Precious' total assets is financed by creditors.
| |||||
Wheaton Precious Metals (WPM) is traded on Toronto Exchange in Canada and employs 42 people. Wheaton Precious is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 32.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wheaton Precious's market, we take the total number of its shares issued and multiply it by Wheaton Precious's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wheaton Precious Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 453.14 M outstanding shares of which 1.33 M shares are at this time shorted by private and institutional investors with about 1.48 days to cover all short positions.
Wheaton Precious Metals has accumulated about 696.09 M in cash with 750.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Wheaton Precious Probability Of Bankruptcy
Ownership AllocationWheaton Precious Metals owns a total of 453.14 Million outstanding shares. The majority of Wheaton Precious outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wheaton Precious Metals to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wheaton Precious Metals. Please pay attention to any change in the institutional holdings of Wheaton Precious Metals as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Wheaton Ownership Details
Wheaton Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Wheaton Precious jumping above the current price in 90 days from now is about 1.62%. The Wheaton Precious Metals probability density function shows the probability of Wheaton Precious stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Wheaton Precious has a beta of 0.9545. This entails Wheaton Precious Metals market returns are highly reactive to returns on the market. As the market goes up or down, Wheaton Precious is expected to follow. Additionally, wheaton Precious Metals has an alpha of 0.1358, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wheaton Precious to move above the current price in 90 days from now is about 1.62 (This Wheaton Precious Metals probability density function shows the probability of Wheaton Stock to fall within a particular range of prices over 90 days) .
Wheaton Precious Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wheaton Precious market risk premium is the additional return an investor will receive from holding Wheaton Precious long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wheaton Precious. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Wheaton Precious' alpha and beta are two of the key measurements used to evaluate Wheaton Precious' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.96 |
Wheaton Stock Against Markets
Picking the right benchmark for Wheaton Precious stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wheaton Precious stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wheaton Precious is critical whether you are bullish or bearish towards Wheaton Precious Metals at a given time. Please also check how Wheaton Precious' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Wheaton Precious without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Wheaton Precious Corporate Directors
Wheaton Precious corporate directors refer to members of a Wheaton Precious board of directors. The board of directors generally takes responsibility for the Wheaton Precious' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wheaton Precious' board members must vote for the resolution. The Wheaton Precious board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Brough | Independent Director | Profile | |
| George Brack | Independent Director | Profile | |
| Charles Jeannes | Independent Director | Profile | |
| Peter Gillin | Independent Director | Profile |
How to buy Wheaton Stock?
Before investing in Wheaton Precious, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wheaton Precious. To buy Wheaton Precious stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wheaton Precious. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wheaton Precious stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wheaton Precious Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wheaton Precious Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wheaton Precious Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wheaton Stock please use our How to Invest in Wheaton Precious guide.
Already Invested in Wheaton Precious Metals?
The danger of trading Wheaton Precious Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wheaton Precious is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wheaton Precious. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wheaton Precious Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Wheaton Stock analysis
When running Wheaton Precious' price analysis, check to measure Wheaton Precious' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheaton Precious is operating at the current time. Most of Wheaton Precious' value examination focuses on studying past and present price action to predict the probability of Wheaton Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheaton Precious' price. Additionally, you may evaluate how the addition of Wheaton Precious to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |