Sprott Uranium Miners Etf Current Valuation
| URNM Etf | USD 42.05 1.25 2.89% |
Valuation analysis of Sprott Uranium Miners helps investors to measure Sprott Uranium's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Sprott Uranium's price fluctuation is very steady at this time. Calculation of the real value of Sprott Uranium Miners is based on 3 months time horizon. Increasing Sprott Uranium's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Sprott etf is determined by what a typical buyer is willing to pay for full or partial control of Sprott Uranium Miners. Since Sprott Uranium is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Etf. However, Sprott Uranium's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 42.05 | Real 40.16 | Hype 41.91 | Naive 38.55 |
The intrinsic value of Sprott Uranium's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sprott Uranium's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Sprott Uranium Miners helps investors to forecast how Sprott etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sprott Uranium more accurately as focusing exclusively on Sprott Uranium's fundamentals will not take into account other important factors: Sprott Uranium Miners ETF Current Valuation Analysis
Sprott Uranium's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Sprott Uranium Miners has a Current Valuation of 0.0. This indicator is about the same for the Sprott average (which is currently at 0.0) family and about the same as Natural Resources (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Sprott Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprott Uranium's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Sprott Uranium could also be used in its relative valuation, which is a method of valuing Sprott Uranium by comparing valuation metrics of similar companies.Sprott Uranium is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for Sprott Uranium
The fund invests 100.69% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Sprott Uranium's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Sprott Fundamentals
| Beta | 0.78 | |||
| Total Asset | 861.27 M | |||
| One Year Return | (4.30) % | |||
| Three Year Return | 9.60 % | |||
| Five Year Return | 31.50 % | |||
| Net Asset | 861.27 M | |||
| Equity Positions Weight | 100.69 % |
About Sprott Uranium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprott Uranium Miners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprott Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprott Uranium Miners based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of Sprott Uranium 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 Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.