Wheaton Precious Metals Corp. (WPM) stock is Likely to be considered risky?

On March 19 Shares of Wheaton Precious Metals Corp. (WPM) were valued at $22.73 and moved 1.25% as of a recent closing trade. A total volume of 2.51 million shares were traded versus to average volume of 2.11 million shares.

Performance

Wheaton Precious Metals Corp. (WPM) held 443.63 million outstanding shares currently. The company have shares float of 443.53 million. Now have a look at past performance (weekly performance to year to date performance) how Wheaton Precious Metals Corp. (WPM) has been moved; whether it performed well or not. WPM reported a change of 2.62% over the last week and performed 6.66% over the last month while its year to date (YTD) performance revealed an activity trend of 16.39%. The stock’s quarterly performance specifies a shift of 20.01%, and its last twelve month performance is stands at 15.26% while moved 42.51% for the past six months.

Analysis Price earnings ratio (P/E) ratio about Wheaton Precious Metals Corp. (WPM):

Wheaton Precious Metals Corp. (WPM) P/E Ratio helps investors and give him a good understanding about the value and growth ratio of commodities of a specific company. In Price-earnings ratio an investor is paying the price for per unit of the company’s profit. P/E ratio regulates the stock of various prices and levels of earnings. While taking the earnings growth of a company into accounts, Price per earning to growth (PEG) ratio indicate that the values of the stock. The PEG ratio is the quantity of the price that considers for future growth.

35.74 is the Price earnings ratio of Wheaton Precious Metals Corp. (WPM). WPM has a Price to earnings growth ratio of 21.41 and Forward P/E of 42.81.

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Investors and Analytics are widely used P/E and PEG as a stock analysis tool to define the value of the stock. If the P/E is high, then possibly overvalued and will not a good time to invest. However, when we apply PEG ratio on the same commodities, by assuming it has a high growth estimate and can provide a lower number, so from this tool analyzer will analyze that stock is safe to buy.

Note: In simple, P/E is used to evaluate the straight forward current price of commodities. Contrary to this, the PEG ratio permits the investor to investigate that what is the current value of the stock? Whether its price is overvalued or undervalued by analysis, current and future income of the company.

52 week High and Low

Wheaton Precious Metals Corp. (WPM) shares have been seen trading -0.59% off its 52 week- peak value and changed 50.73% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Analysts have suggested a mean rating of 1.80 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

Relative Strength Index (RSI)

Wheaton Precious Metals Corp. (WPM)’s Relative Strength Index (RSI) is 64.46. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. Average True Range (14) for Wheaton Precious Metals Corp. (WPM) is stands at 0.47. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 1.70%. Moving out to look at the previous month volatility move, the stock is at 1.97%.

Beta measures volatility or systematic risk, of a stock or a portfolio in comparison to the market as a whole. 1 shows stock moves with market. < 1 means less volatile than market. > 1 indicates more volatile than the market. The stock’s beta is -0.01.

Mack Mortenson

Mack covers Financial Sector of Wallstreetmorning.com. Before pursuing a financial and journalism career, he graduated from University of Georgia with a degree in Economic and Mathematics.

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