Wheaton Precious Correlations

WPM Stock

CAD 189.94 10.31 5.74%

The current 90-days correlation between Wheaton Precious Metals and Franco Nevada is 0.89 (i.e., Very poor diversification).Its correlation with fixed-income and commodity benchmarks reveals whether the stock behaves as risk-on or risk-off.

Wheaton Precious Correlation With Broad Market

Weak diversification

Wheaton Precious currently posts a 0.44 correlation with Dow Jones, indicating a Weak diversification relationship for the active sample. A 0.44 reading means Wheaton Precious and Dow Jones have partial price overlap, providing moderate risk reduction when paired.

Co-movement patterns for Wheaton Precious are summarized using correlation data. Correlation values reflect historical return alignment over available periods.

Moving Together With Wheaton Precious Stock

0.82	AG	First Majestic Silver Earnings Call Tomorrow	Pair Corr
0.68	IE	Ivanhoe Energy	Pair Corr
0.82	ORE	Orezone Gold Corp Earnings Call This Week	Pair Corr
0.76	URZ	Urz Energy Corp	Pair Corr

Moving Differently From Wheaton Precious Stock

0.46	AML	Argus Metals Corp	Pair Corr
0.35	FLNT	FLINT Corp	Pair Corr

Related Correlations Analysis

	FNV	ABX	K	LUG	EDV	AGI	OR	XTG	AEM
FNV		0.74	0.83	0.95	0.79	0.94	0.85	0.19	0.95	FNV
ABX	0.74		0.88	0.76	0.66	0.7	0.92	0.22	0.87	ABX
K	0.83	0.88		0.83	0.84	0.79	0.93	0.2	0.88	K
LUG	0.95	0.76	0.83		0.76	0.93	0.84	0.29	0.94	LUG
EDV	0.79	0.66	0.84	0.76		0.82	0.76	0.12	0.79	EDV
AGI	0.94	0.7	0.79	0.93	0.82		0.83	0.34	0.93	AGI
OR	0.85	0.92	0.93	0.84	0.76	0.83		0.35	0.92	OR
XTG	0.19	0.22	0.2	0.29	0.12	0.34	0.35		0.23	XTG
AEM	0.95	0.87	0.88	0.94	0.79	0.93	0.92	0.23		AEM
	FNV	ABX	K	LUG	EDV	AGI	OR	XTG	AEM

Risk-Adjusted Indicators

Return momentum in Wheaton Precious Stock is more useful when tested against peer-relative fundamentals and risk. Risk-adjusted metrics help compare Wheaton Precious' efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FNV	2.01	-0.01	0.00	-0.01	0.00	0.00	4.24	-4.97	12.76
ABX	2.30	-0.11	0.00	-0.07	0.00	0.00	3.96	-5.46	14.11
K	2.61	-0.01	0.00	-0.01	0.00	0.00	6.31	-6.61	14.62
LUG	3.19	-0.05	0.00	-0.03	0.00	0.00	7.21	-6.76	17.84
EDV	3.04	0.29	0.07	0.13	3.65	-3.07	5.96	-5.27	17.64
AGI	3.07	0.17	0.04	0.10	3.99	-3.07	6.36	-6.86	17.40
OR	2.50	-0.05	0.00	-0.03	0.00	0.00	5.30	-7.07	15.30
XTG	1.89	-0.12	0.00	-0.25	0.00	0.00	5.00	-3.55	14.73
AEM	2.45	-0.03	0.00	-0.02	0.00	0.00	5.76	-6.08	12.86

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Wheaton Precious Corporate Management

Governance context around Wheaton Precious Metals provides another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. A disciplined governance review can reveal strengths or weaknesses that may not be obvious in financial ratios alone.

Curt LLB	Executive VP of Strategy & General Counsel	Profile
Neil MSc	Vice President of Corporate Development	Profile
Tamara Howarth	Vice President of Legal & People	Profile
Ryan MASc	Vice President of Technical Services	Profile
Simona Antolak	Vice President of Communications & Corporate Affairs	Profile
Jamie Beirnes	VP Controller	Profile