Wheaton Precious Metals Stock Price on December 31, 2023

WPM Stock  USD 61.74  0.33  0.53%   
Below is the normalized historical share price chart for Wheaton Precious Metals extending back to July 06, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wheaton Precious stands at 61.74, as last reported on the 28th of November, with the highest price reaching 62.77 and the lowest price hitting 61.40 during the day.
IPO Date
14th of July 2004
200 Day MA
55.7531
50 Day MA
62.9894
Beta
0.707
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wheaton Stock, it is important to understand the factors that can impact its price. As of now, Wheaton Stock is very steady. Wheaton Precious Metals shows Sharpe Ratio of 0.0108, which attests that the company had a 0.0108% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wheaton Precious Metals, which you can use to evaluate the volatility of the company. Please check out Wheaton Precious' Downside Deviation of 2.17, market risk adjusted performance of 0.2775, and Mean Deviation of 1.45 to validate if the risk estimate we provide is consistent with the expected return of 0.0214%.
  
At this time, Wheaton Precious' Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 7.4 B, while Other Stockholder Equity is likely to drop about 8.9 M. . At this time, Wheaton Precious' Price To Sales Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Book Value Ratio is likely to grow to 5.16, though Price Earnings To Growth Ratio is likely to grow to (2.44). Wheaton Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0108

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Negative ReturnsWPM

Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wheaton Precious is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wheaton Precious by adding Wheaton Precious to a well-diversified portfolio.
Price Book
3.858
Enterprise Value Ebitda
29.2291
Price Sales
23.0039
Shares Float
452.8 M
Dividend Share
0.615

Wheaton Precious Valuation on December 31, 2023

It is possible to determine the worth of Wheaton Precious on a given historical date. On December 31, 2023 Wheaton was worth 48.66 at the beginning of the trading date compared to the closed value of 48.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wheaton Precious stock. Still, in general, we apply an absolute valuation method to find Wheaton Precious' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wheaton Precious where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wheaton Precious' related companies.
 Open High Low Close Volume
  49.52    49.96    49.03    49.06    1,411,383  
12/29/2023
  48.66    48.91    48.18    48.80    1,555,273  
  48.73    49.00    47.72    47.90    1,370,183  
Backtest Wheaton Precious  |  Wheaton Precious History  |  Wheaton Precious Valuation   PreviousNext  
Open Value
48.66
48.8
Closing Value
54.59
Upside

Wheaton Precious Trading Date Momentum on December 31, 2023

On January 02 2024 Wheaton Precious Metals was traded for  47.90  at the closing time. Highest Wheaton Precious's price during the trading hours was 49.00  and the lowest price during the day was  47.72 . The net volume was 1.4 M. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.84% . The trading price change to current price is 4.61% .

Wheaton Precious Metals Fundamentals Correlations and Trends

By evaluating Wheaton Precious' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wheaton Precious' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wheaton financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wheaton Precious Stock history

Wheaton Precious investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wheaton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wheaton Precious Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wheaton Precious stock prices may prove useful in developing a viable investing in Wheaton Precious
Last ReportedProjected for Next Year
Common Stock Shares Outstanding453.5 M301.7 M
Net Income Applicable To Common Shares769.5 M808 M

Wheaton Precious Quarterly Net Working Capital

682.24 Million

Wheaton Precious Stock Technical Analysis

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.
A focus of Wheaton Precious technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wheaton Precious trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wheaton Precious Period Price Range

Low
November 28, 2024
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High

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Wheaton Precious Metals cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Wheaton Precious November 28, 2024 Market Strength

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

Wheaton Precious Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wheaton Precious' price direction in advance. Along with the technical and fundamental analysis of Wheaton Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wheaton to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheaton Precious. If investors know Wheaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheaton Precious listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.323
Dividend Share
0.615
Earnings Share
1.35
Revenue Per Share
2.686
Quarterly Revenue Growth
0.381
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.