Sprott Lithium Miners Etf Profile
| LITP Etf | 6.29 0.13 2.02% |
PerformanceVery Weak
| Odds Of DistressLow
|
Sprott Lithium is selling at 6.29 as of the 26th of February 2025; that is 2.02 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 6.22. Sprott Lithium has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 28th of November 2024 and ending today, the 26th of February 2025. Click here to learn more.
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Sprott Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Natural Resources (View all Sectors) |
| Issuer | Sprott |
| Inception Date | 2023-02-01 |
| Benchmark | Nasdaq Sprott Lithium Miners Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6.17 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | Sprott Asset Management LP |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Ryan Mischker, Andrew Hicks |
| Transfer Agent | State Street Bank and Trust Company |
| Exchange | NASDAQ |
| Number of Constituents | 39.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| 200 Day M A | 7.948 |
| Country Name | USA |
| 50 Day M A | 6.957 |
| Code | LITP |
| Updated At | 24th of February 2025 |
| Returns Y T D | (2.99) |
| Name | Sprott Lithium Miners ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01DJGBDR4 |
| Type | ETF |
| 1y Volatility | 33.0 |
Sprott Lithium Miners [LITP] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Strategy ETFs. Sprott Lithium Miners now have in assets. , while the total return for the last year was -26.3%.
Check Sprott Lithium Probability Of Bankruptcy
Geographic Allocation (%)
Sprott Lithium Miners Currency Exposure
Sprott Lithium Miners holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Sprott Lithium will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Sprott Lithium Miners.
Sprott Lithium Miners Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sprott Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.76) |
Sprott Lithium Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sprott Lithium Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Sprott Lithium Miners is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Lithium's 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 Sprott Lithium's market value can be influenced by many factors that don't directly affect Sprott Lithium's 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 Sprott Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Lithium's 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.