Sprott Physical Financial Statements From 2010 to 2026
| CEF Etf | USD 47.22 0.82 1.77% |
Check Sprott Physical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprott Physical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Physical Valuation or Volatility modules.
This module can also supplement various Sprott Physical Technical models . Check out the analysis of Sprott Physical Correlation against competitors. Sprott Physical Gold ETF Beta Analysis
Sprott Physical's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Sprott Physical Beta | 0.29 |
Most of Sprott Physical's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Physical Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Sprott Physical Gold has a Beta of 0.293. This is much higher than that of the UBS family and significantly higher than that of the Commodities Focused category. The beta for all United States etfs is notably lower than that of the firm.
Sprott Physical Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Physical's current stock value. Our valuation model uses many indicators to compare Sprott Physical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Physical competition to find correlations between indicators driving Sprott Physical's intrinsic value. More Info.Sprott Physical Gold is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sprott Physical Gold is roughly 11.92 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Physical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Sprott Physical Financial Statements
Sprott Physical stakeholders use historical fundamental indicators, such as Sprott Physical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sprott Physical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sprott Physical's assets and liabilities are reflected in the revenues and expenses on Sprott Physical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sprott Physical Gold. Please read more on our technical analysis and fundamental analysis pages.
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.
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Check out the analysis of Sprott Physical Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.