Sprott Gold Equity Fund Price on October 31, 2024
| SGDLX Fund | USD 55.29 0.43 0.78% |
Below is the normalized historical share price chart for Sprott Gold Equity extending back to June 29, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sprott Gold stands at 55.29, as last reported on the 30th of November, with the highest price reaching 55.29 and the lowest price hitting 55.29 during the day.
If you're considering investing in Sprott Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Sprott Mutual Fund to be very steady. Sprott Gold Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.06, which indicates the fund had a 0.06% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sprott Gold Equity, which you can use to evaluate the volatility of the fund. Please validate Sprott Gold's Risk Adjusted Performance of 0.0188, coefficient of variation of 5795.15, and Semi Deviation of 1.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Sprott Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sprott |
Sharpe Ratio = 0.06
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SGDLX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sprott Gold is performing at about 4% 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 Gold by adding it to a well-diversified portfolio.
Sprott Gold Valuation on October 31, 2024
It is possible to determine the worth of Sprott Gold on a given historical date. On October 31, 2024 Sprott was worth 59.07 at the beginning of the trading date compared to the closed value of 59.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Gold mutual fund. Still, in general, we apply an absolute valuation method to find Sprott Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sprott Gold's related companies.
| Open | High | Low | Close | Volume | |
| 60.56 | 60.56 | 60.56 | 60.56 | 1.00 | |
10/31/2024 | 59.07 | 59.07 | 59.07 | 59.07 | 1.00 |
| 58.25 | 58.25 | 58.25 | 58.25 | 1.00 |
| Backtest Sprott Gold | | | Sprott Gold History | | | Sprott Gold Valuation | Previous | Next |
Sprott Gold Trading Date Momentum on October 31, 2024
| On November 01 2024 Sprott Gold Equity was traded for 58.25 at the closing time. The highest daily price throughout the period was 58.25 and the lowest price was 58.25 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.39% . The trading price change to current closing price is 7.94% . |
Sprott Gold Equity Fundamentals Correlations and Trends
By evaluating Sprott Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sprott Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sprott financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sprott Gold Mutual Fund history
Sprott Gold 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 Gold Equity 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 Gold stock prices may prove useful in developing a viable investing in Sprott Gold
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of companies located throughout the world, in both developed and emerging markets, that are primarily engaged in mining or processing gold . It may also invest in gold bullion and other precious metals, i.e., silver and platinum . However, no more than 20 percent of the funds total assets may be invested directly in gold bullion and other precious metals. The fund is non-diversified.
Sprott Gold Mutual Fund Technical Analysis
Sprott Gold technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sprott Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Sprott Gold Equity cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sprott Gold mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprott Gold shares will generate the highest return on investment. By undertsting and applying Sprott Gold mutual fund market strength indicators, traders can identify Sprott Gold Equity entry and exit signals to maximize returns
Sprott Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sprott Gold's price direction in advance. Along with the technical and fundamental analysis of Sprott Mutual Fund 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 | 0.0188 | |||
| Jensen Alpha | 0.012 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3153 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Sprott Mutual Fund
Sprott Gold financial ratios help investors to determine whether Sprott Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sprott with respect to the benefits of owning Sprott Gold security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |