Wheaton Precious Metals Stock Alpha and Beta Analysis
| WPM Stock | USD 67.81 1.32 1.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wheaton Precious Metals. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wheaton Precious over a specified time horizon. Remember, high Wheaton Precious' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Wheaton Precious' market risk premium analysis include:
Beta 0.89 | Alpha 0.0617 | Risk 1.69 | Sharpe Ratio 0.12 | Expected Return 0.2 |
Wheaton Precious Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Wheaton |
Wheaton Precious Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Wheaton Precious' performance over market.| α | 0.06 | β | 0.89 |
Wheaton Precious expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Wheaton Precious' Buy-and-hold return. Our buy-and-hold chart shows how Wheaton Precious performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wheaton Precious Market Price Analysis
Market price analysis 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 understating and applying Wheaton Precious stock market price indicators, traders can identify Wheaton Precious position entry and exit signals to maximize returns.
Wheaton Precious Return and Market Media
The median price of Wheaton Precious for the period between Tue, Jul 23, 2024 and Mon, Oct 21, 2024 is 60.69 with a coefficient of variation of 4.02. The daily time series for the period is distributed with a sample standard deviation of 2.42, arithmetic mean of 60.23, and mean deviation of 1.87. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Wheaton Precious Metals Corp. Is It Among the Best Gold Mining Companies to Invest In | 08/01/2024 |
2 | Wheaton Precious Metals Corp. Q2 2024 Earnings Call Transcript | 08/09/2024 |
| Wheaton Precious dividend paid on 4th of September 2024 | 09/04/2024 |
3 | Wheaton Precious Metals Hits New 12-Month High at 63.13 | 09/13/2024 |
4 | Wheaton offers 1M decarb prize | 09/24/2024 |
5 | Prepare for a Silver Surge Best Mining Stocks to Watch Now | 09/26/2024 |
6 | Downtown Wheaton Chili Cookoff Features More Than 12 Tasting Spots | 10/03/2024 |
7 | Armed Home Invasion Under Investigation In Wheaton | 10/09/2024 |
8 | Tobam Decreases Stock Position in Wheaton Precious Metals Corp. | 10/10/2024 |
9 | When To Trick Or Treat In Wheaton In 2024 | 10/11/2024 |
10 | If You Invested 100 In This Stock 5 Years Ago, You Would Have 200 Today | 10/16/2024 |
About Wheaton Precious Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Wheaton or other stocks. Alpha measures the amount that position in Wheaton Precious Metals has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0112 | 0.0129 | 0.0121 | 0.0096 | Price To Sales Ratio | 16.08 | 16.57 | 21.59 | 10.88 |
Wheaton Precious Upcoming Company Events
As portrayed in its financial statements, the presentation of Wheaton Precious' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wheaton Precious' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Wheaton Precious' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Wheaton Precious. Please utilize our Beneish M Score to check the likelihood of Wheaton Precious' management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Wheaton Precious
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Wheaton Precious Backtesting, Wheaton Precious Valuation, Wheaton Precious Correlation, Wheaton Precious Hype Analysis, Wheaton Precious Volatility, Wheaton Precious History and analyze Wheaton Precious Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Wheaton Precious technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.