Sprott Physical Gold Etf Price on June 17, 2024

CEF Etf  USD 23.84  0.21  0.87%   
Below is the normalized historical share price chart for Sprott Physical Gold extending back to April 03, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sprott Physical stands at 23.84, as last reported on the 28th of December, with the highest price reaching 23.91 and the lowest price hitting 23.81 during the day.
3 y Volatility
16.52
200 Day MA
23.1175
1 y Volatility
14.66
50 Day MA
24.8484
Inception Date
2018-01-16
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sprott Etf, it is important to understand the factors that can impact its price. Sprott Physical Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0268, which indicates the etf had a -0.0268% return per unit of risk over the last 3 months. Sprott Physical Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sprott Physical's Variance of 1.61, coefficient of variation of (2,390), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Sprott Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0268

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sprott Physical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sprott Physical by adding Sprott Physical to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

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Sprott Physical Valuation on June 17, 2024

It is possible to determine the worth of Sprott Physical on a given historical date. On June 17, 2024 Sprott was worth 22.07 at the beginning of the trading date compared to the closed value of 22.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Physical etf. Still, in general, we apply an absolute valuation method to find Sprott Physical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sprott Physical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sprott Physical's related companies.
 Open High Low Close Volume
  22.00    22.17    21.97    22.15    374,800  
06/17/2024
  22.07    22.09    21.88    22.02    260,200  
  21.96    22.16    21.93    22.11    342,184  
Backtest Sprott Physical  |  Sprott Physical History  |  Sprott Physical Valuation   PreviousNext  
Open Value
22.07
22.02
Closing Value
25.93
Upside

Sprott Physical Trading Date Momentum on June 17, 2024

On June 18 2024 Sprott Physical Gold was traded for  22.11  at the closing time. Highest Sprott Physical's price during the trading hours was 22.16  and the lowest price during the day was  21.93 . The net volume was 342.2 K. The overall trading history on the 18th of June 2024 contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.41% . The trading price change to current price is 0.05% .

Sprott Physical Gold Fundamentals Correlations and Trends

By evaluating Sprott Physical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sprott Physical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sprott financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sprott Physical Etf history

Sprott Physical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sprott is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sprott Physical Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sprott Physical stock prices may prove useful in developing a viable investing in Sprott Physical
Sprott Physical Gold and Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical Gold and Silver Trust was formed on October 26, 2017 and is domiciled in Canada. Sprott Physical operates under Asset Management classification in the United States and is traded on NYSEARCA Exchange.

Sprott Physical Etf Technical Analysis

Sprott Physical technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Sprott Physical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sprott Physical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sprott Physical Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sprott Physical Gold cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sprott Physical December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Sprott Physical etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprott Physical shares will generate the highest return on investment. By undertsting and applying Sprott Physical etf market strength indicators, traders can identify Sprott Physical Gold entry and exit signals to maximize returns

Sprott Physical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sprott Physical's price direction in advance. Along with the technical and fundamental analysis of Sprott Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sprott to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Sprott Physical Gold is a strong investment it is important to analyze Sprott Physical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprott Physical's future performance. For an informed investment choice regarding Sprott Etf, refer to the following important reports:
Check out Trending Equities 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 income.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.