Sprott Junior Uranium Etf Profile

URNJ Etf   23.45  0.34  1.47%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Sprott Junior is selling for 23.45 as of the 30th of November 2024. This is a 1.47 percent increase since the beginning of the trading day. The etf's last reported lowest price was 23.04. Sprott Junior has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Sprott Junior Uranium are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Sprott Junior is entity of United States. It is traded as Etf on NASDAQ exchange. More on Sprott Junior Uranium

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Sprott Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Natural Resources (View all Sectors)
IssuerSprott
Inception Date2023-02-01
BenchmarkNasdaq Sprott Junior Uranium Miners Index
Entity TypeRegulated Investment Company
Asset Under Management305.25 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorALPS Fund Services, Inc.
AdvisorSprott Asset Management LP
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerRyan Mischker, Andrew Hicks
Transfer AgentState Street Bank and Trust Company
ExchangeNASDAQ
Number of Constituents37.0
Market MakerVirtu Financial
Total Expense0.8
Management Fee0.8
200 Day M A23.9199
Country NameUSA
50 Day M A23.3031
CodeURNJ
Updated At29th of November 2024
Returns Y T D(2.03)
NameSprott Junior Uranium Miners ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01DJ769T7
TypeETF
1y Volatility38.91
Sprott Junior Uranium [URNJ] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Strategy ETFs. Sprott Junior Uranium at this time have in net assets. , while the total return for the last year was -3.1%.
Check Sprott Junior Probability Of Bankruptcy

Geographic Allocation (%)

Sprott Junior Uranium Currency Exposure

Sprott Junior Uranium 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 Uranium.

Top Sprott Junior Uranium Etf Constituents

7WTWestern Uranium VanadiumStockIndustrial Metals & Minerals
EFREnergy FuelsStockEnergy
MGAMega UraniumStockEnergy
UECUranium Energy CorpStockEnergy
UREUr EnergyStockEnergy
DMLDenison Mines CorpStockEnergy
AGEAlligator EnergyStockEnergy
BOEBoss Energy LimitedStockMaterials
More Details

Sprott Junior Uranium 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 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.

Sprott Junior Against Markets

When determining whether Sprott Junior Uranium 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 Uranium Etf. Highlighted below are key reports to facilitate an investment decision about Sprott Junior Uranium Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Junior Uranium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Sprott Junior Uranium 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.