Sprott Gold Miners Etf Ten Year Return
SGDM Etf | USD 29.28 1.02 3.37% |
Sprott Gold Miners fundamentals help investors to digest information that contributes to Sprott Gold's financial success or failures. It also enables traders to predict the movement of Sprott Etf. The fundamental analysis module provides a way to measure Sprott Gold'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 Sprott Gold etf.
Sprott |
Sprott Gold Miners ETF Ten Year Return Analysis
Sprott Gold'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% |
Current Sprott Gold Ten Year Return | 5.50 % |
Most of Sprott Gold's fundamental indicators, such as Ten Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Gold Miners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Sprott Gold Miners has a Ten Year Return of 5.5%. This is much higher than that of the Sprott family and significantly higher than that of the Equity Precious Metals category. The ten year return for all United States etfs is notably lower than that of the firm.
Sprott Ten Year Return 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 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 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 ten year return 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 | 29.10 % | |||
Three Year Return | 3.50 % | |||
Five Year Return | 6.80 % | |||
Ten Year Return | 5.50 % | |||
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.