Sprott Energy Transition Etf Price on November 25, 2024
SETM Etf | 17.82 0.09 0.50% |
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 Energy stands at 17.82, as last reported on the 25th of November, with the highest price reaching 17.83 and the lowest price hitting 17.66 during the day. As of now, Sprott Etf is not too volatile. Sprott Energy Transition owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0677, which indicates the etf had a 0.0677% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sprott Energy Transition, which you can use to evaluate the volatility of the etf. Please validate Sprott Energy's Risk Adjusted Performance of 0.07, semi deviation of 1.84, and Coefficient Of Variation of 1214.32 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Sprott Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sprott |
Sharpe Ratio = 0.0677
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Estimated Market Risk
2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sprott Energy is performing at about 5% 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 Energy by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 5 K |
Sprott Energy Valuation on November 25, 2024
It is possible to determine the worth of Sprott Energy on a given historical date. On November 25, 2024 Sprott was worth 17.66 at the beginning of the trading date compared to the closed value of 17.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Energy etf. Still, in general, we apply an absolute valuation method to find Sprott Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sprott Energy's related companies.
Open | High | Low | Close | Volume | |
17.66 | 17.83 | 17.66 | 17.82 | 2,559 | |
11/25/2024 | 17.66 | 17.83 | 17.66 | 17.82 | 0.00 |
Backtest Sprott Energy | | | Sprott Energy History | | | Sprott Energy Valuation | Previous |
Sprott Energy Trading Date Momentum on November 25, 2024
On November 25 2024 Sprott Energy Transition was traded for 17.82 at the closing time. The top price for the day was 17.83 and the lowest listed price was 17.66 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.90% . |
About Sprott Energy Etf history
Sprott Energy 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 Energy Transition 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 Energy stock prices may prove useful in developing a viable investing in Sprott Energy
Sprott Energy Etf Technical Analysis
Sprott Energy 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 Energy Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
Sprott Energy Transition 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 Energy November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Sprott Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying Sprott Energy etf market strength indicators, traders can identify Sprott Energy Transition entry and exit signals to maximize returns
Sprott Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sprott Energy'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 | 0.07 | |||
Jensen Alpha | 0.0583 | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | 0.0314 | |||
Treynor Ratio | 0.1756 |
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.