Sprott Nickel Financials
| NIKL Etf | 11.83 0.09 0.76% |
Net Expense Ratio 0.0075 |
Sprott |
The data published in Sprott Nickel's official financial statements typically reflect Sprott Nickel's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Sprott Nickel's quantitative information. For example, before you start analyzing numbers published by Sprott accountants, it's essential to understand Sprott Nickel's liquidity, profitability, and earnings quality within the context of the Natural Resources space in which it operates.
Sprott Nickel Etf Summary
Sprott Nickel competes with Franklin Templeton, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. Sprott Nickel is entity of United States. It is traded as Etf on NASDAQ exchange.Sprott Nickel Miners Systematic Risk
Sprott Nickel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sprott Nickel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Sprott Nickel Miners correlated with the market. If Beta is less than 0 Sprott Nickel generally moves in the opposite direction as compared to the market. If Sprott Nickel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sprott Nickel Miners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sprott Nickel is generally in the same direction as the market. If Beta > 1 Sprott Nickel moves generally in the same direction as, but more than the movement of the benchmark.
Sprott Nickel Thematic Clasifications
Sprott Nickel Miners is part of several thematic ideas from Strategy ETFs to Theme ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSprott Nickel November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sprott Nickel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sprott Nickel Miners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sprott Nickel Miners based on widely used predictive technical indicators. In general, we focus on analyzing Sprott Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sprott Nickel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 3.49 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sprott Nickel 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 industry. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Sprott Nickel 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 Nickel's value that differs from its market value or its book value, called intrinsic value, which is Sprott Nickel'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 Nickel's market value can be influenced by many factors that don't directly affect Sprott Nickel'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 Nickel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Nickel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Nickel'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.