Silver Bullion Financials
| SBT Etf | CAD 16.07 0.22 1.39% |
3 y Sharp Ratio 0.34 |
Silver |
The data published in Silver Bullion's official financial statements typically reflect Silver Bullion'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 Silver Bullion's quantitative information. For example, before you start analyzing numbers published by Silver accountants, it's essential to understand Silver Bullion's liquidity, profitability, and earnings quality within the context of the Purpose Investments Inc. space in which it operates.
Silver Bullion Etf Summary
Silver Bullion competes with Global X, Global X, and Global X. PURPOSE SILVER is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA74641C1032 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Purpose Investments Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in Silver Bullion without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Silver Etf, because this is throwing your money away. Analyzing the key information contained in Silver Bullion's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Silver Bullion Key Financial Ratios
Silver Bullion's financial ratios allow both analysts and investors to convert raw data from Silver Bullion's financial statements into concise, actionable information that can be used to evaluate the performance of Silver Bullion over time and compare it to other companies across industries.Silver Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Silver Bullion's current stock value. Our valuation model uses many indicators to compare Silver Bullion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Silver Bullion competition to find correlations between indicators driving Silver Bullion's intrinsic value. More Info.Silver Bullion Trust is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 55.56 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Silver Bullion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Silver Bullion's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Silver Bullion Trust Systematic Risk
Silver Bullion's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Silver Bullion 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 Silver Bullion Trust correlated with the market. If Beta is less than 0 Silver Bullion generally moves in the opposite direction as compared to the market. If Silver Bullion Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Silver Bullion Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Silver Bullion is generally in the same direction as the market. If Beta > 1 Silver Bullion moves generally in the same direction as, but more than the movement of the benchmark.
Silver Bullion December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Silver Bullion help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Silver Bullion Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Silver Bullion Trust based on widely used predictive technical indicators. In general, we focus on analyzing Silver Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Silver Bullion's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.13 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 3.22 |
Other Information on Investing in Silver Etf
Silver Bullion financial ratios help investors to determine whether Silver Etf 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 Silver with respect to the benefits of owning Silver Bullion security.