Sprott Gold Miners Etf Price on July 24, 2024
| SGDM Etf | USD 29.28 1.02 3.37% |
Below is the normalized historical share price chart for Sprott Gold Miners extending back to July 15, 2014. 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 29.28, as last reported on the 26th of November, with the highest price reaching 29.63 and the lowest price hitting 29.07 during the day.
If you're considering investing in Sprott Etf, it is important to understand the factors that can impact its price. Sprott Gold Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0192, which indicates the etf had a -0.0192% return per unit of risk over the last 3 months. Sprott Gold Miners exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sprott Gold's Semi Deviation of 1.75, coefficient of variation of 50982.63, and Risk Adjusted Performance of 0.0072 to confirm the risk estimate we provide.
Sprott Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 29.88 | 200 Day MA 27.9385 | 1 y Volatility 27.3 | 50 Day MA 31.0505 | Inception Date 2014-07-14 |
Sprott |
Sharpe Ratio = -0.0192
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| Negative Returns | SGDM |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sprott Gold is not performing at its full potential. However, 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 Sprott Gold to a well-diversified portfolio.
Average Mkt Cap Mil 9.3 K |
Sprott Gold Valuation on July 24, 2024
It is possible to determine the worth of Sprott Gold on a given historical date. On July 24, 2024 Sprott was worth 29.55 at the beginning of the trading date compared to the closed value of 29.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Gold etf. 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 | |
| 29.25 | 29.35 | 29.10 | 29.33 | 9,158 | |
07/24/2024 | 29.55 | 29.94 | 29.19 | 29.20 | 24,886 |
| 28.35 | 28.67 | 28.00 | 28.44 | 26,047 |
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Sprott Gold Trading Date Momentum on July 24, 2024
| On July 25 2024 Sprott Gold Miners was traded for 28.44 at the closing time. The top price for the day was 28.67 and the lowest listed price was 28.00 . The trading volume for the day was 26 K. The trading history from July 25, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.60% . The trading price change against the current closing price is 7.84% . |
Sprott Gold Miners 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 Etf 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 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 Gold stock prices may prove useful in developing a viable investing in Sprott Gold
The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depositary Receipts are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. Sprott Gold is traded on NYSEARCA Exchange in the United States.
Sprott Gold Etf Technical Analysis
Sprott Gold 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 Gold Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Sprott Gold Miners cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Sprott Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying Sprott Gold etf market strength indicators, traders can identify Sprott Gold Miners 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 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 | 0.0072 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.02) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Gold 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 unemployment. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Sprott Gold 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Sprott Gold'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 Gold's market value can be influenced by many factors that don't directly affect Sprott Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Gold'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.