Analysis for Kinross Gold

Technical asset picture

Kinross Gold (KGC) currently has a total score of 74 points, placing it in the strong range. The score is made up of Performance (96), Stability (39) and Trend (72). The profile is clearly uneven: Performance stands out while Stability lags.

Performance scores 96 points (very strong). Key strength: 3Y return at 586.5 %. Even the weakest return is still strong in absolute terms: 5Y return at 368.9 %.

Stability scores 39 points (weak). Key strength: return/volatility ratio at 2.98. Main drag: volatility (365d, annualized) at 50.4 %. That implies very high day-to-day swings. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.

Trend scores 72 points (strong). Key strength: 12M momentum at 169.6 %. Main drag: Price is about 4.0 % below SMA50.

Overall, the profile has a clear strength in Performance, while Stability is the main limiter. On a metric level, 3Y return stands out, while volatility (365d, annualized) is the main weak spot.

Current market backdrop

The backdrop currently looks mixed and rather restrictive.

A strong US dollar currently paints a mixed risk picture.

High US real yields and elevated long yields lean toward a restrictive rate backdrop.

What that typically means here

For gold and precious-metals assets, higher real yields and a stronger US dollar typically lean headwind.