Sprott Junior Copper Etf Performance
| COPJ Etf | 19.83 0.45 2.32% |
The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sprott Junior's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sprott Junior is expected to be smaller as well.
Risk-Adjusted Performance
Modest
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Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Junior Copper are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Sprott Junior may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
1 | Tweedy, Browne Enters the ETF Market With the Tweedy, Browne Insider Value ETF - Business Wire | 01/31/2025 |
2 | Sprott Junior Copper Miners ETF Short Interest Update | 03/05/2025 |
Sprott |
Sprott Junior Relative Risk vs. Return Landscape
If you would invest 1,839 in Sprott Junior Copper on December 17, 2024 and sell it today you would earn a total of 144.00 from holding Sprott Junior Copper or generate 7.83% return on investment over 90 days. Sprott Junior Copper is currently generating 0.1422% in daily expected returns and assumes 1.8409% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of etfs are less volatile than Sprott, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Sprott Junior Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Junior's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Junior Copper, and traders can use it to determine the average amount a Sprott Junior'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 = 0.0773
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| Cash | Small Risk | COPJ | High Risk | Huge Risk |
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sprott Junior is performing at about 6% of its full potential. 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 Junior by adding it to a well-diversified portfolio.
About Sprott Junior Performance
By evaluating Sprott Junior's fundamental ratios, stakeholders can gain valuable insights into Sprott Junior's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sprott Junior 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 Junior has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Sprott Junior is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from thelincolnianonline.com: Sprott Junior Copper Miners ETF Short Interest Update |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sprott Junior Copper. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Sprott Junior Copper 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.