Sprott Physical Financials
| PHYS Etf | USD 20.46 0.20 0.99% |
PE Ratio 3.3541 | Short Ratio 0.07 |
Sprott |
The data published in Sprott Physical's official financial statements typically reflect Sprott Physical's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Sprott Physical's quantitative information. For example, before you start analyzing numbers published by Sprott accountants, it's essential to understand Sprott Physical's liquidity, profitability, and earnings quality within the context of the Capital Markets space in which it operates.
Please note, the imprecision that can be found in Sprott Physical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sprott Physical Gold. Check Sprott Physical's Beneish M Score to see the likelihood of Sprott Physical's management manipulating its earnings.
Sprott Physical Etf Summary
Sprott Physical competes with Sprott Physical, Sprott Physical, Sprott, Brookfield Real, and Sprott Physical. Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical is listed under Asset Management in the United States and is traded on NYSEARCA Exchange exchange.Specialization | Financial Services, Financial Services |
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | CA85207H1047 |
| CUSIP | 85207H104 |
| Region | Others |
| Investment Issuer | Others |
| Location | Ontario; Canada |
| Business Address | 200 Bay Street, |
| Etf Family | Capital Markets |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | sprott.com/investment-strategies/physical- |
| Phone | 416 943 8099 |
| Currency | USD - US Dollar |
Sprott Physical Key Financial Ratios
Sprott Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Physical's current stock value. Our valuation model uses many indicators to compare Sprott Physical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Physical competition to find correlations between indicators driving Sprott Physical's intrinsic value. More Info.Sprott Physical Gold is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Physical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Sprott Physical Gold Systematic Risk
Sprott Physical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sprott Physical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Sprott Physical Gold correlated with the market. If Beta is less than 0 Sprott Physical generally moves in the opposite direction as compared to the market. If Sprott Physical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sprott Physical Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sprott Physical is generally in the same direction as the market. If Beta > 1 Sprott Physical moves generally in the same direction as, but more than the movement of the benchmark.
Sprott Physical December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sprott Physical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sprott Physical Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sprott Physical Gold based on widely used predictive technical indicators. In general, we focus on analyzing Sprott Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sprott Physical's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.25 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.31 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Sprott Physical 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 Physical's value that differs from its market value or its book value, called intrinsic value, which is Sprott Physical'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 Physical's market value can be influenced by many factors that don't directly affect Sprott Physical'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 Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Physical'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.