Sprott Uranium Miners Etf Performance
| URNM Etf | USD 34.13 0.61 1.82% |
The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sprott Uranium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sprott Uranium is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sprott Uranium Miners has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
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| In Threey Sharp Ratio | 0.06 |
Sprott |
Sprott Uranium Relative Risk vs. Return Landscape
If you would invest 4,672 in Sprott Uranium Miners on December 5, 2024 and sell it today you would lose (1,259) from holding Sprott Uranium Miners or give up 26.95% of portfolio value over 90 days. Sprott Uranium Miners is currently does not generate positive expected returns and assumes 2.6467% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of etfs are less volatile than Sprott, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sprott Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Uranium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Uranium Miners, and traders can use it to determine the average amount a Sprott Uranium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.184
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| Negative Returns | URNM |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sprott Uranium 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 Uranium by adding Sprott Uranium to a well-diversified portfolio.
Sprott Uranium Fundamentals Growth
Sprott Etf prices reflect investors' perceptions of the future prospects and financial health of Sprott Uranium, and Sprott Uranium fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sprott Etf performance.
| Total Asset | 861.27 M | |||
About Sprott Uranium Performance
By examining Sprott Uranium's fundamental ratios, stakeholders can obtain critical insights into Sprott Uranium's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Sprott Uranium is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund will normally invest at least 80 percent of its total assets in securities of the index. Sprott Uranium is traded on NYSEARCA Exchange in the United States.| Sprott Uranium generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Trading Advice - Stock Traders Daily | |
| The fund created three year return of 0.0% | |
| Sprott Uranium Miners keeps 100.69% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Uranium 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 board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Sprott Uranium 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 Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.