Sprott Copper Miners Etf Price on November 29, 2024
COPP Etf | 23.29 0.20 0.87% |
If you're considering investing in Sprott Etf, it is important to understand the factors that can impact its price. As of today, the current price of Sprott Copper stands at 23.29, as last reported on the 2nd of December, with the highest price reaching 23.29 and the lowest price hitting 23.11 during the day. Currently, Sprott Copper Miners is very steady. Sprott Copper Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0424, which indicates the etf had a 0.0424% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sprott Copper Miners, which you can use to evaluate the volatility of the etf. Please validate Sprott Copper's Semi Deviation of 2.21, risk adjusted performance of 0.0071, and Coefficient Of Variation of 123671.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.087%.
Sprott Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sprott |
Sharpe Ratio = 0.0424
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Cash | Small Risk | COPP | High Risk | Huge Risk |
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Estimated Market Risk
2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sprott Copper is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sprott Copper by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 12.6 K |
Related Headline
Direxion Daily Headline on 29th of November 2024
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Sprott Copper Valuation on November 29, 2024
It is possible to determine the worth of Sprott Copper on a given historical date. On November 29, 2024 Sprott was worth 23.11 at the beginning of the trading date compared to the closed value of 23.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Copper etf. Still, in general, we apply an absolute valuation method to find Sprott Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sprott Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sprott Copper's related companies.
Open | High | Low | Close | Volume | |
23.09 | 23.35 | 23.04 | 23.09 | 14,644 | |
11/29/2024 | 23.11 | 23.29 | 23.11 | 23.29 | 2,426 |
23.11 | 23.29 | 23.11 | 23.29 | 0.00 |
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Sprott Copper Trading Date Momentum on November 29, 2024
On December 02 2024 Sprott Copper Miners was traded for 23.29 at the closing time. The top price for the day was 23.29 and the lowest listed price was 23.11 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.77% . |
About Sprott Copper Etf history
Sprott Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sprott is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sprott Copper Miners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sprott Copper stock prices may prove useful in developing a viable investing in Sprott Copper
Sprott Copper Etf Technical Analysis
Sprott Copper technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Sprott Copper Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sprott Copper Miners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sprott Copper December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sprott Copper etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprott Copper shares will generate the highest return on investment. By undertsting and applying Sprott Copper etf market strength indicators, traders can identify Sprott Copper Miners entry and exit signals to maximize returns
Sprott Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sprott Copper's price direction in advance. Along with the technical and fundamental analysis of Sprott Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sprott to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0071 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.01) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sprott Copper 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 american community survey. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Sprott Copper 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 Copper's value that differs from its market value or its book value, called intrinsic value, which is Sprott Copper'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 Copper's market value can be influenced by many factors that don't directly affect Sprott Copper'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 Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Copper'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.