Sprott Gold Financials
| SGDM Etf | USD 36.55 0.45 1.22% |
Net Expense Ratio 0.005 | 3 y Sharp Ratio 0.14 |
Sprott |
The data published in Sprott Gold's official financial statements typically reflect Sprott Gold'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 Gold's quantitative information. For example, before you start analyzing numbers published by Sprott accountants, it's essential to understand Sprott Gold's liquidity, profitability, and earnings quality within the context of the Sprott space in which it operates.
Sprott Gold Etf Summary
Sprott Gold competes with Sprott Junior, IShares MSCI, US Global, Sprott Physical, and Sprott Physical. The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depositary Receipts are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. Sprott Gold is traded on NYSEARCA Exchange in the United States.Sprott Gold Key Financial Ratios
Sprott Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Gold's current stock value. Our valuation model uses many indicators to compare Sprott Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Gold competition to find correlations between indicators driving Sprott Gold's intrinsic value. More Info.Sprott Gold Miners is rated fifth largest ETF in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sprott Gold Miners is roughly 15.03 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Gold 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 Gold Miners Systematic Risk
Sprott Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sprott Gold 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Sprott Gold Miners correlated with the market. If Beta is less than 0 Sprott Gold generally moves in the opposite direction as compared to the market. If Sprott Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sprott Gold Miners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sprott Gold is generally in the same direction as the market. If Beta > 1 Sprott Gold moves generally in the same direction as, but more than the movement of the benchmark.
Sprott Gold Thematic Clasifications
Sprott Gold Miners is part of several thematic ideas from Sector ETFs to Materials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSprott Gold March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sprott Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sprott Gold Miners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sprott Gold Miners 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 Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.1902 | |||
| Maximum Drawdown | 7.71 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.76 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Gold 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 unemployment. 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 Gold 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Sprott Gold'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 Gold's market value can be influenced by many factors that don't directly affect Sprott Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Gold'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.