Sprott Copper Miners Etf Profile
| COPP Etf | 23.48 0.08 0.34% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Sprott Copper is selling at 23.48 as of the 26th of November 2024; that is 0.34 percent increase since the beginning of the trading day. The etf's last reported lowest price was 23.3. Sprott Copper has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Sprott Copper Miners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2024 and ending today, the 26th of November 2024. Click here to learn more.
Sprott Copper is entity of United States. It is traded as Etf on NASDAQ exchange. More on Sprott Copper Miners
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Sprott Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Copperstone Resources |
| Business Concentration | Sector ETFs, Materials ETFs, Natural Resources (View all Sectors) |
| Issuer | Sprott |
| Inception Date | 2024-03-05 |
| Benchmark | Nasdaq Sprott Copper Miners Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 26.42 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | Sprott Asset Management LP |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Ryan Mischker, Andrew Hicks |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 55.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.5 |
| Management Fee | 0.35 |
| Country Name | USA |
| Code | COPP |
| Updated At | 26th of November 2024 |
| Name | Sprott Copper Miners ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01LS43XF1 |
| Type | ETF |
Sprott Copper Miners [COPP] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Sector ETFs. Sprott Copper Miners currently have in assets under management (AUM).
Check Sprott Copper Probability Of Bankruptcy
Geographic Allocation (%)
Sprott Copper Miners Currency Exposure
Sprott Copper Miners holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Sprott Copper will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Sprott Copper Miners.
Top Sprott Copper Miners Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials | |
| SFR | Sandfire Resources NL | Stock | Materials | |
| ERO | Ero Copper Corp | Stock | Materials | |
| AIS | Aeris Resources | Stock | Materials | |
| FFM | FireFly Metals | Stock | Other Industrial Metals & Mining | |
| A1M | AIC Mines Limited | Stock | Materials | |
| TMQ | Trilogy Metals | Stock | Materials | |
| NDM | Northern Dynasty Minerals | Stock | Materials |
Sprott Copper Miners 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 Copper. 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) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.04) |
Sprott Copper Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sprott Copper Miners. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Sprott Copper 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 Copper's value that differs from its market value or its book value, called intrinsic value, which is Sprott Copper'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 Copper's market value can be influenced by many factors that don't directly affect Sprott Copper'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 Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Copper'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.