Sprott Total Current Assets from 2010 to 2026
| U-U Stock | 20.26 0.08 0.40% |
Total Current Assets | First Reported 2010-12-31 | Previous Quarter 38.5 M | Current Value 40.4 M | Quarterly Volatility 11.8 M |
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 Tax Provision of 0.0, Net Interest Income of 58.6 K or Interest Income of 58.6 K, as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Physical Valuation or Volatility modules.
Sprott | Total Current Assets |
Evaluating Sprott Physical's Total Current Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Sprott Physical Uranium's fundamental strength.
Latest Sprott Physical's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Sprott Physical Uranium over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Sprott Physical's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sprott Physical's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Sprott Total Current Assets Regression Statistics
| Arithmetic Mean | 15,867,587 | |
| Geometric Mean | 11,952,947 | |
| Coefficient Of Variation | 74.68 | |
| Mean Deviation | 9,950,656 | |
| Median | 9,953,000 | |
| Standard Deviation | 11,849,913 | |
| Sample Variance | 140.4T | |
| Range | 37.8M | |
| R-Value | 0.72 | |
| Mean Square Error | 73.1T | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | 1,678,566 | |
| Total Sum of Squares | 2246.7T |
Sprott Total Current Assets History
About Sprott Physical Financial Statements
Sprott Physical investors utilize fundamental indicators, such as Total Current Assets, to predict how Sprott Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 38.5 M | 40.4 M |
Pair Trading with Sprott Physical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott Physical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott Physical will appreciate offsetting losses from the drop in the long position's value.Moving together with Sprott Stock
| 0.61 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.64 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.65 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Sprott Stock
| 0.84 | ENS-PA | E Split Corp | PairCorr |
| 0.69 | SAGE | Sage Potash Corp Earnings Call This Week | PairCorr |
| 0.44 | UBER | Uber CDR | PairCorr |
| 0.41 | ABBV | AbbVie CDR | PairCorr |
The ability to find closely correlated positions to Sprott Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott Physical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott Physical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Physical Uranium to buy it.
The correlation of Sprott Physical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Physical Uranium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott Physical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sprott Stock
Sprott Physical financial ratios help investors to determine whether Sprott Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sprott with respect to the benefits of owning Sprott Physical security.