Sprott Gold Miners Etf Current Valuation
| SGDM Etf | USD 29.54 0.12 0.41% |
Valuation analysis of Sprott Gold Miners helps investors to measure Sprott Gold's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Sprott Gold's price fluctuation is very steady at this time. Calculation of the real value of Sprott Gold Miners is based on 3 months time horizon. Increasing Sprott Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Sprott etf is determined by what a typical buyer is willing to pay for full or partial control of Sprott Gold Miners. Since Sprott Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Etf. However, Sprott Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 29.54 | Real 28.3 | Hype 29.42 | Naive 31.73 |
The intrinsic value of Sprott Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sprott Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Sprott Gold Miners helps investors to forecast how Sprott etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sprott Gold more accurately as focusing exclusively on Sprott Gold's fundamentals will not take into account other important factors: Sprott Gold Miners ETF Current Valuation Analysis
Sprott Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Sprott Gold Miners has a Current Valuation of 0.0. This indicator is about the same for the Sprott average (which is currently at 0.0) family and about the same as Equity Precious Metals (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Sprott Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprott Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Sprott Gold could also be used in its relative valuation, which is a method of valuing Sprott Gold by comparing valuation metrics of similar companies.Sprott Gold is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for Sprott Gold
The fund invests 99.83% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Sprott Gold's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Sprott Fundamentals
| Price To Earning | 19.99 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 2.61 X | |||
| Earnings Per Share | (0.06) X | |||
| Number Of Employees | 304 | |||
| Beta | 0.78 | |||
| Total Asset | 188.81 M | |||
| One Year Return | 24.70 % | |||
| Three Year Return | 3.80 % | |||
| Five Year Return | 6.10 % | |||
| Ten Year Return | 5.20 % | |||
| Net Asset | 188.81 M | |||
| Last Dividend Paid | 0.063 | |||
| Equity Positions Weight | 99.83 % |
About Sprott Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprott Gold Miners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprott Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprott Gold Miners 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.
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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.