Sprott Junior Uranium Etf Performance
| URNJ Etf | 15.91 0.34 2.09% |
The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sprott Junior are expected to decrease at a much lower rate. During the bear market, Sprott Junior is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sprott Junior Uranium has generated negative risk-adjusted returns adding no value to investors with long positions. Even with sluggish performance in the last few months, the Etf's basic indicators remain relatively steady which may send shares a bit higher in April 2025. The new chaos may also be a sign of medium-term up-swing for the ETF firm stakeholders. ...more
Sprott |
Sprott Junior Relative Risk vs. Return Landscape
If you would invest 1,877 in Sprott Junior Uranium on December 24, 2024 and sell it today you would lose (286.00) from holding Sprott Junior Uranium or give up 15.24% of portfolio value over 90 days. Sprott Junior Uranium is currently does not generate positive expected returns and assumes 3.4309% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of etfs are less volatile than Sprott, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 Uranium, 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 = -0.0633
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| Negative Returns | URNJ |
Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.22 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 Junior 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 Junior by adding Sprott Junior 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 generated a negative expected return over the last 90 days | |
| Sprott Junior has high historical volatility and very poor performance |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Junior Uranium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Sprott Junior Uranium 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.