WPM·Wheaton Precious Metals Corp Common Shares (Canada)

Realized volatility (21d)

41.3% 69th pct

Below its peak

-16.7%

vs 200-day average

+3.7%

Up days (1y)

53%

Wheaton Precious Metals Corp Common Shares (Canada) is currently running 41.3% annualised volatility over the last 21 sessions. Measured against WPM's own 13 years of daily returns rather than a market-wide average, that is the 69th percentile — a little above its own norm, against a typical reading of 34.3%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

WPM is trading -16.7% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -29.0%, and the deepest was -52.5% in 2015. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +3.7% from its 200-day moving average. Against every other day in its history, that gap ranks at the 48th percentile — close to the gap it normally carries. Over the past year WPM closed higher on 53% of sessions, and it is currently 2 sessions into a rising streak.

On October specifically: over 13 years of records, WPM finished the month higher 7 of 13 times, with a median return of +3.4% and an average of +0.8%. Its strongest month historically has been April at +4.0% on average, its weakest September at -3.5%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: WPM has opened more than 2% away from the prior close in 231 of 3,266 sessions (7.1% of the time), with the largest gaps running +9.0% and -10.0%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,267 daily closes between 2013-10-14 and 2026-10-09, split-adjusted, recomputed daily. Percentiles are against WPM's own 13-year history, not a peer group or index.