Sprott Physical ETF Forward View - 8 Period Moving Average
| CEF ETF | USD 49.71 0.57 1.16% |
Sprott Physical's 8 Period Moving Average forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The 8 Period Moving Average model projects Sprott Physical at 47.71 for the next trading day, below the most recent closing price. The 8 Period Moving Average output reflects statistical model results and is provided for reference purposes.
8 Period Moving Average Price Forecast For the 8th of May
Over a 90-day horizon, the 8 Period Moving Average model forecasts Sprott Physical at 47.71 for the next trading day, with a mean absolute deviation of 1.97 , mean absolute percentage error of 0.04 , and sum of absolute errors of 104.18 .This represents a tight forecast with good short-term tracking of Sprott Physical's price movement. This output is intended for short-term analytical reference.
ETF Forecast Pattern
| Backtest Sprott Physical | Sprott Physical Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast range for Sprott Physical defines statistically derived downside and upside boundaries based on model performance. Downside is estimated near 44.86 and upside near 50.56. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 8 Period Moving Average model's error metrics for Sprott Physical ETF. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 105.2144 |
| Bias | Arithmetic mean of the errors | 0.2224 |
| MAD | Mean absolute deviation | 1.9656 |
| MAPE | Mean absolute percentage error | 0.0403 |
| SAE | Sum of the absolute errors | 104.1763 |
Other Forecasting Options for Sprott Physical
Analyzing Sprott Physical's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Sprott Physical's chart signal overbought or oversold conditions.Sprott Physical Related Equities
The peer firms below within the Commodities Focused space frame Sprott Physical's pricing and running costs in context. Profit comparisons show whether Sprott Physical earns above or below average returns next to its peers.
| Risk & Return | Correlation |
Sprott Physical Market Strength Events
For investors tracking Sprott Physical Gold, market strength indicators offer quantitative evaluation of ETF behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Sprott Physical.
Sprott Physical Risk Indicators
Analyzing Sprott Physical's basic risk indicators provides a structured view of the risk-return trade-off for sprott physical etf. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Sprott Physical.
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.95 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.34 | |||
| Downside Variance | 9.14 | |||
| Semi Variance | 8.72 | |||
| Expected Short fall | -2.24 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
More Resources for Sprott Physical ETF Analysis
Sprott Physical Gold can be assessed through both market price and NAV, which can tell different stories during volatile periods.
The distinction between Sprott Physical's trading price and NAV is an important analytical consideration. Premium-to-NAV history and bid-ask spread trends are among factors that shape perceived value.