Wheaton Precious Metals Stock Price on April 15, 2024
| WPM Stock | USD 56.41 0.73 1.31% |
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 56.41, as last reported on the 28th of May, with the highest price reaching 56.51 and the lowest price hitting 55.71 during the day.
If you're considering investing in Wheaton Stock, it is important to understand the factors that can impact its price. Wheaton Precious appears to be very steady, given 3 months investment horizon. Wheaton Precious Metals shows Sharpe Ratio of 0.35, which attests that the company had a 0.35% return per unit of risk over the last 3 months. By examining Wheaton Precious' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Wheaton Precious' Downside Deviation of 1.4, market risk adjusted performance of 0.4515, and Mean Deviation of 1.33 to validate if our risk estimates are consistent with your expectations.
At this time, Wheaton Precious' Total Stockholder Equity is very stable compared to the past year. As of the 28th of May 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 Book Value Ratio is very stable compared to the past year. As of the 28th of May 2024, Price To Book Ratio is likely to grow to 5.16, while Price Earnings Ratio is likely to drop 33.38. Wheaton Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of July 2004 | 200 Day MA 46.3571 | 50 Day MA 51.6126 | Beta 0.633 |
Wheaton |
Sharpe Ratio = 0.3465
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Wheaton Precious is performing at about 27% of its full potential. 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 it to a well-diversified portfolio.
Price Book 3.3602 | Enterprise Value Ebitda 30.5573 | Price Sales 23.244 | Shares Float 452.4 M | Dividend Share 0.605 |
Wheaton Precious Main Headline on 15th of April 2024
Wheaton Precious Metals dividend paid on 15th of April 2024 |
Wheaton Precious Valuation on April 15, 2024
It is possible to determine the worth of Wheaton Precious on a given historical date. On April 15, 2024 Wheaton was worth 52.25 at the beginning of the trading date compared to the closed value of 51.22. 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 | |
| 53.27 | 54.30 | 51.40 | 51.80 | 3,697,558 | |
04/15/2024 | 52.25 | 52.52 | 50.52 | 51.22 | 2,125,587 |
| 50.10 | 51.55 | 49.71 | 51.26 | 1,971,690 |
| Backtest Wheaton Precious | | | Wheaton Precious History | | | Wheaton Precious Valuation | Previous | Next |
Wheaton Precious Trading Date Momentum on April 15, 2024
| On April 16 2024 Wheaton Precious Metals was traded for 51.26 at the closing time. Highest Wheaton Precious's price during the trading hours was 51.55 and the lowest price during the day was 49.71 . The net volume was 2 M. The overall trading history on the 16th of April 2024 contributed to the next trading period price boost. The trading price change to the next next day price was 0.08% . The trading price change to current price is 1.95% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 453.5 M | 301.7 M | |
| Net Income Applicable To Common Shares | 769.5 M | 808 M |
Wheaton Precious Quarterly Net Working Capital |
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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.
Price Boundaries
Wheaton Precious Period Price Range
Low | April 15, 2024
| High |
52.25 | 51.22 |
Wheaton Precious May 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
| Accumulation Distribution | 80943.91 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 51.52 | |||
| Day Typical Price | 51.42 | |||
| Price Action Indicator | (0.82) | |||
| Period Momentum Indicator | 5.19 |
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.
| Risk Adjusted Performance | 0.2051 | |||
| Jensen Alpha | 0.4985 | |||
| Total Risk Alpha | 0.4392 | |||
| Sortino Ratio | 0.3617 | |||
| Treynor Ratio | 0.4415 |
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| Volume Indicators |
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 american community survey. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
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Is Wheaton Precious' industry 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 0.472 | Dividend Share 0.605 | Earnings Share 1.3 | Revenue Per Share 2.425 | Quarterly Revenue Growth 0.384 |
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.