Sprott Physical Gold Etf Profile
| CEF Etf | USD 24.27 0.81 3.23% |
Performance6 of 100
| Odds Of DistressLess than 35
|
Sprott Physical is trading at 24.27 as of the 26th of November 2024. This is a 3.23 percent down since the beginning of the trading day. The etf's lowest day price was 24.19. Sprott Physical has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on March 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Sprott Physical Gold's common stock.
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.. The company has 220.53 M outstanding shares of which 79.15 K shares are currently shorted by investors with about 0.15 days to cover. More on Sprott Physical Gold
Moving together with Sprott Etf
Sprott Etf Highlights
| Business Concentration | Commodities Focused, UBS, Asset Management, Financial Services (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 30.97 |
| Name | Sprott Physical Gold and Silver Trust |
| Currency Code | USD |
| Open Figi | BBG00JRGLXZ9 |
| In Threey Volatility | 16.29 |
| 1y Volatility | 13.03 |
| 200 Day M A | 22.5111 |
| 50 Day M A | 24.9512 |
| Code | CEF |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.61 |
| Type | ETF |
Sprott Physical Gold [CEF] is traded in USA and was established 2018-08-20. The fund is classified under Commodities Focused category within UBS family. Sprott Physical Gold currently have 0 in assets under management (AUM). , while the total return for the last 3 years was 11.6%.
Sprott Physical Gold has about 1.02 M in cash with (22.7 M) of positive cash flow from operations.
Check Sprott Physical Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Sprott Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Sprott Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Sprott Physical Gold Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Sprott Physical Top Holders
| CAXIX | Catalystmap Global Equity | Mutual Fund | World Large-Stock Value | |
| CAXAX | Catalystmap Global Equity | Mutual Fund | World Large-Stock Value | |
| CAXCX | Catalystmap Global Equity | Mutual Fund | World Large-Stock Value |
Sprott Physical Gold Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sprott Physical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0052 |
Sprott Physical Against Markets
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.