Sprott Junior Uranium Etf Price on July 25, 2024
| URNJ Etf | 23.11 0.01 0.04% |
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 Junior stands at 23.11, as last reported on the 29th of November, with the highest price reaching 23.63 and the lowest price hitting 23.03 during the day. Sprott Junior appears to be not too volatile, given 3 months investment horizon. Sprott Junior Uranium owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sprott Junior Uranium, which you can use to evaluate the volatility of the etf. Please review Sprott Junior's Coefficient Of Variation of 660.84, risk adjusted performance of 0.1235, and Semi Deviation of 2.16 to confirm if our risk estimates are consistent with your expectations.
Sprott Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Sprott |
Sharpe Ratio = 0.1513
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | URNJ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Sprott Junior is performing at about 11% 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 Junior by adding it to a well-diversified portfolio.
Sprott Junior Valuation on July 25, 2024
It is possible to determine the worth of Sprott Junior on a given historical date. On July 25, 2024 Sprott was worth 21.57 at the beginning of the trading date compared to the closed value of 21.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sprott Junior etf. Still, in general, we apply an absolute valuation method to find Sprott Junior'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 Junior where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sprott Junior's related companies.
| Open | High | Low | Close | Volume | |
| 22.79 | 22.97 | 21.76 | 21.76 | 252,500 | |
07/25/2024 | 21.57 | 21.81 | 20.91 | 21.51 | 280,717 |
| 21.74 | 22.18 | 21.69 | 22.17 | 86,000 |
| Backtest Sprott Junior | | | Sprott Junior History | | | Sprott Junior Valuation | Previous | Next |
Sprott Junior Trading Date Momentum on July 25, 2024
| On July 26 2024 Sprott Junior Uranium was traded for 22.17 at the closing time. The top price for the day was 22.18 and the lowest listed price was 21.69 . The trading volume for the day was 86 K. The trading history from July 26, 2024 was a factor to the next trading day price surge. The trading price change against the next closing price was 3.07% . The trading price change against the current closing price is 18.18% . |
About Sprott Junior Etf history
Sprott Junior 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 Junior Uranium 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 Junior stock prices may prove useful in developing a viable investing in Sprott Junior
Sprott Junior Etf Technical Analysis
Sprott Junior 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 Junior Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sprott Junior Uranium 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 Junior November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sprott Junior 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 Junior shares will generate the highest return on investment. By undertsting and applying Sprott Junior etf market strength indicators, traders can identify Sprott Junior Uranium entry and exit signals to maximize returns
Sprott Junior Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sprott Junior'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 | 0.1235 | |||
| Jensen Alpha | 0.4412 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1381 | |||
| Treynor Ratio | 3.97 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Junior Uranium. 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. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Sprott Junior Uranium 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is Sprott Junior'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 Junior's market value can be influenced by many factors that don't directly affect Sprott Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Junior'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.