Sprott Physical Gold Etf Profile
| PHYS Etf | USD 20.57 0.17 0.83% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Sprott Physical is selling for under 20.57 as of the 22nd of November 2024; that is 0.83 percent up since the beginning of the trading day. The etf's lowest day price was 20.51. Sprott Physical has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Sprott Physical Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 26th of February 2010 | Classification Financials |
Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical is listed under Asset Management in the United States and is traded on NYSEARCA Exchange exchange. The company has 397.02 M outstanding shares of which 104.82 K shares are at this time shorted by private and institutional investors with about 0.07 trading days to cover. More on Sprott Physical Gold
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Sprott Etf Highlights
| CoChief CEO | John Wilson |
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) |
| Average Analyst Recommendation Analysts covering Sprott Physical report their recommendations after researching Sprott Physical's financial statements, talking to executives and customers, or listening in on Sprott Physical's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sprott Physical Gold. The Sprott consensus assessment is calculated by taking the average forecast from all of the analysts covering Sprott Physical. | |
| Total Current Liabilities | 126,000 |
| Total Stockholder Equity | 6.53 Billion |
| Currency Code | USD |
| Fiscal Year End | December |
| Begin Period Cash Flow | 294,000 |
| Net Debt | (25.48 Million) |
| Accounts Payable | 126,000 |
| Cash | 25.48 Million |
| Other Operating Expenses | 687.36 Million |
| Non Current Assets Total | 6.51 Billion |
| Non Currrent Assets Other | (13.04 Billion) |
| Cash And Short Term Investments | 6.53 Billion |
| 50 Day M A | 20.604 |
| Code | PHYS |
| Common Stock Shares Outstanding | 400.23 Million |
| Liabilities And Stockholders Equity | 6.53 Billion |
| Country Name | USA |
| Investments | (188.85 Million) |
| Other Current Assets | (6.53 Billion) |
| Free Cash Flow | (24.57 Million) |
Sprott Physical Gold [PHYS] is traded in USA and was established 2018-08-20. Sprott Physical is listed under Asset Management & Custody Banks category by Fama And French industry classification. The fund is listed under Financials category and is part of Capital Markets family. Sprott Physical Gold at this time have 6.53 B in assets. , while the total return for the last 3 years was 8.8%.
Sprott Physical Gold currently holds about 598.32 K in cash with (24.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.046.
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
| CONWX | Concorde Wealth Management | Mutual Fund | Allocation--50% to 70% Equity | |
| PBRIX | Federated Prudent Bear | Mutual Fund | Trading--Inverse Equity | |
| BEARX | Federated Prudent Bear | Mutual Fund | Trading--Inverse Equity | |
| PBRCX | Federated Prudent Bear | Mutual Fund | Trading--Inverse Equity |
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 | 0.0699 | |||
| Jensen Alpha | 0.0833 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) |
Sprott Physical Against Markets
Check out Your Equity Center 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 manufacturing. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.