Sprott Energy Financials
| SETM Etf | 17.82 0.09 0.50% |
Net Expense Ratio 0.0065 |
Sprott |
The data published in Sprott Energy's official financial statements typically reflect Sprott Energy'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 Energy's quantitative information. For example, before you start analyzing numbers published by Sprott accountants, it's essential to understand Sprott Energy's liquidity, profitability, and earnings quality within the context of the Natural Resources space in which it operates.
Sprott Energy Etf Summary
Sprott Energy competes with Sprott Lithium, Sprott Junior, Sprott Junior, Sprott Nickel, and Sprott Uranium. Sprott Energy is entity of United States. It is traded as Etf on NASDAQ exchange.Sprott Energy Transition Systematic Risk
Sprott Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sprott Energy 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Sprott Energy Transition correlated with the market. If Beta is less than 0 Sprott Energy generally moves in the opposite direction as compared to the market. If Sprott Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sprott Energy Transition is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sprott Energy is generally in the same direction as the market. If Beta > 1 Sprott Energy moves generally in the same direction as, but more than the movement of the benchmark.
Sprott Energy Thematic Clasifications
Sprott Energy Transition is part of several thematic ideas from Theme ETFs to Strategy 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 Energy November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sprott Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sprott Energy Transition. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sprott Energy Transition 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 Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.0277 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 4.53 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Energy Transition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Sprott Energy Transition 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Sprott Energy'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 Energy's market value can be influenced by many factors that don't directly affect Sprott Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Energy'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.