Sprott Uranium Miners Etf Buy Hold or Sell Recommendation
| URNM Etf | USD 49.74 1.71 3.56% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sprott Uranium Miners is 'Hold'. The recommendation algorithm takes into account all of Sprott Uranium's available fundamental, technical, and predictive indicators you will find on this site.
Check out Sprott Uranium 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 Uranium 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 board of governors.
Sprott |
Execute Sprott Uranium 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 Uranium Miners. Macroaxis does not own or have any residual interests in Sprott Uranium Miners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sprott Uranium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Sprott Uranium Trading Alerts and Improvement Suggestions
| Latest headline from fool.com.au: Invest 5,000 into these ASX ETFs this week | |
| The fund keeps 100.69% of its net assets in stocks |
Sprott Uranium Returns Distribution Density
The distribution of Sprott Uranium's historical returns is an attempt to chart the uncertainty of Sprott Uranium's future price movements. The chart of the probability distribution of Sprott Uranium daily returns describes the distribution of returns around its average expected value. We use Sprott Uranium Miners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sprott Uranium returns is essential to provide solid investment advice for Sprott Uranium.
| Mean Return | 0.32 | Value At Risk | -3.4 | Potential Upside | 5.47 | Standard Deviation | 2.66 |
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 Uranium 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 Uranium 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 Uranium or Sprott 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 Uranium'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 | 0.18 | |
β | Beta against Dow Jones | 1.31 | |
σ | Overall volatility | 2.49 | |
Ir | Information ratio | 0.08 |
Sprott Uranium Volatility Alert
Sprott Uranium Miners currently demonstrates below-average downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sprott Uranium'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 Uranium'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 Uranium Fundamentals Vs Peers
Comparing Sprott Uranium'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 Uranium's direct or indirect competition across all of the common fundamentals between Sprott Uranium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sprott Uranium or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Sprott Uranium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sprott Uranium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sprott Uranium to competition |
| Fundamentals | Sprott Uranium | Peer Average |
| Beta | 0.8 | |
| One Year Return | 4.20 % | (0.97) % |
| Three Year Return | 7.10 % | 3.23 % |
| Net Asset | 861.27 M | 2.29 B |
| Equity Positions Weight | 100.69 % | 52.82 % |
Sprott Uranium 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 Uranium Buy or Sell Advice
When is the right time to buy or sell Sprott Uranium Miners? 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.
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In addition to having Sprott Uranium 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?
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Check out Sprott Uranium 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Sprott Uranium 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 Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.