Sprott Junior is selling for 37.11 as of the 28th of November 2024. This is a 1.53 percent increase since the beginning of the trading day. The etf's last reported lowest price was 37.0. Sprott Junior has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Sprott Junior Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund will invest at least 90 percent of its net assets in securities that comprise the underlying index. Alps ETF is traded on NYSEARCA Exchange in the United States. More on Sprott Junior Gold
Sprott Junior Gold [SGDJ] is traded in USA and was established 2015-03-31. The fund is listed under Equity Precious Metals category and is part of Sprott family. The entity is thematically classified as Sector ETFs. Sprott Junior Gold at this time have 83.08 M in assets. , while the total return for the last 3 years was -0.7%.
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Geographic Allocation (%)
Sprott Junior Gold Currency Exposure
Sprott Junior Gold 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 Junior 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 Junior Gold.
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 Junior. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Sprott Junior Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sprott Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sprott Junior Gold Etf. Highlighted below are key reports to facilitate an investment decision about Sprott Junior Gold Etf:
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The market value of Sprott Junior Gold 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is Sprott Junior'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 Junior's market value can be influenced by many factors that don't directly affect Sprott Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Junior'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.