Silver Bullion Trust Etf Ten Year Return
| SBT Etf | CAD 16.71 0.44 2.70% |
Silver Bullion Trust fundamentals help investors to digest information that contributes to Silver Bullion's financial success or failures. It also enables traders to predict the movement of Silver Etf. The fundamental analysis module provides a way to measure Silver Bullion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Silver Bullion etf.
Silver |
Silver Bullion Trust ETF Ten Year Return Analysis
Silver Bullion's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
| Competition |
Based on the latest financial disclosure, Silver Bullion Trust has a Ten Year Return of 0.0%. This indicator is about the same for the Purpose Investments Inc. average (which is currently at 0.0) family and about the same as Commodity (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
Silver Ten Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Silver Bullion's direct or indirect competition against its Ten Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Silver Bullion could also be used in its relative valuation, which is a method of valuing Silver Bullion by comparing valuation metrics of similar companies.Silver Bullion is currently under evaluation in ten year return as compared to similar ETFs.
Silver Fundamentals
| Beta | 0.33 | |||
| Total Asset | 7.4 M | |||
| One Year Return | 29.50 % | |||
| Three Year Return | 8.90 % | |||
| Five Year Return | 10.10 % | |||
| Net Asset | 7.4 M |
About Silver Bullion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Silver Bullion Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Bullion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Bullion Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Silver Bullion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silver Bullion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silver Bullion will appreciate offsetting losses from the drop in the long position's value.Moving together with Silver Etf
| 0.87 | SVR | iShares Silver Bullion | PairCorr |
| 0.84 | HGY | Global X Gold | PairCorr |
| 0.8 | VALT | CI Gold Bullion | PairCorr |
| 0.82 | HUG | Global X Gold | PairCorr |
| 0.85 | HUZ | Global X Silver | PairCorr |
The ability to find closely correlated positions to Silver Bullion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bullion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silver Bullion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silver Bullion Trust to buy it.
The correlation of Silver Bullion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silver Bullion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bullion Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silver Bullion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Silver Etf
Silver Bullion financial ratios help investors to determine whether Silver Etf 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 Silver with respect to the benefits of owning Silver Bullion security.