Sprott Physical Gold Etf Performance
| CEF Etf | USD 24.94 0.26 1.03% |
The entity has a beta of -0.0388, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sprott Physical are expected to decrease at a much lower rate. During the bear market, Sprott Physical is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Sprott Physical Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Sprott Physical is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.43 |
Sprott |
Sprott Physical Relative Risk vs. Return Landscape
If you would invest 2,636 in Sprott Physical Gold on October 22, 2024 and sell it today you would lose (142.00) from holding Sprott Physical Gold or give up 5.39% of portfolio value over 90 days. Sprott Physical Gold is generating negative expected returns assuming volatility of 1.3147% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Sprott, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Sprott Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Physical Gold, and traders can use it to determine the average amount a Sprott Physical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0614
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| Negative Returns | CEF |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 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.
Sprott Physical Fundamentals Growth
Sprott Etf prices reflect investors' perceptions of the future prospects and financial health of Sprott Physical, and Sprott Physical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sprott Etf performance.
| Return On Equity | -7.78 | |||
| Return On Asset | -4.86 | |||
| Operating Margin | 107.07 % | |||
| Current Valuation | 3.45 B | |||
| Shares Outstanding | 220.53 M | |||
| Price To Earning | 11.44 X | |||
| Price To Book | 0.96 X | |||
| Price To Sales | (12.93) X | |||
| Revenue | (291.15 M) | |||
| Cash And Equivalents | 1.02 M | |||
| Book Value Per Share | 17.78 X | |||
| Cash Flow From Operations | (22.7 M) | |||
| Earnings Per Share | (1.25) X | |||
| Total Asset | 3.51 B | |||
| Retained Earnings | 1.09 B | |||
| Current Asset | 3.51 B | |||
| Current Liabilities | 4.35 M | |||
About Sprott Physical Performance
By analyzing Sprott Physical's fundamental ratios, stakeholders can gain valuable insights into Sprott Physical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sprott Physical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sprott Physical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 Gold generated a negative expected return over the last 90 days | |
| Reported Net Loss for the year was (311.74 M) with loss before taxes, overhead, and interest of (289.53 M). | |
| Sprott Physical Gold has about 1.02 M in cash with (22.7 M) of positive cash flow from operations. | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.