Sprott Energy Transition Etf Buy Hold or Sell Recommendation
| SETM Etf | 17.82 0.09 0.50% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sprott Energy Transition is 'Cautious Hold'. The recommendation algorithm takes into account all of Sprott Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Sprott Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Sprott and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.
Sprott |
Execute Sprott Energy Buy or Sell Advice
The Sprott recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sprott Energy Transition. Macroaxis does not own or have any residual interests in Sprott Energy Transition or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sprott Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Sprott Energy Trading Alerts and Improvement Suggestions
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Sprott Energy Returns Distribution Density
The distribution of Sprott Energy's historical returns is an attempt to chart the uncertainty of Sprott Energy's future price movements. The chart of the probability distribution of Sprott Energy daily returns describes the distribution of returns around its average expected value. We use Sprott Energy Transition price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sprott Energy returns is essential to provide solid investment advice for Sprott Energy.
| Mean Return | 0.20 | Value At Risk | -3.26 | Potential Upside | 4.53 | Standard Deviation | 2.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sprott Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sprott Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sprott Energy or Natural Resources sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sprott Energy's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sprott etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | 0.03 |
Sprott Energy Volatility Alert
Sprott Energy Transition currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sprott Energy's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sprott Energy's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sprott Energy Fundamentals Vs Peers
Comparing Sprott Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sprott Energy's direct or indirect competition across all of the common fundamentals between Sprott Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sprott Energy or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Sprott Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sprott Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sprott Energy to competition |
| Fundamentals | Sprott Energy | Peer Average |
| One Year Return | 8.50 % | (0.97) % |
Sprott Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sprott . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Sprott Energy Buy or Sell Advice
When is the right time to buy or sell Sprott Energy Transition? Buying financial instruments such as Sprott Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Sprott Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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Check out Sprott Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.