Sprott Focus Trust Stock Market Value
| FUND Stock | USD 8.03 0.05 0.63% |
| Symbol | Sprott |
Sprott Focus Trust Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprott Focus. If investors know Sprott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprott Focus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.366 | Dividend Share 0.498 | Earnings Share 0.56 | Revenue Per Share 0.281 | Quarterly Revenue Growth (0.30) |
The market value of Sprott Focus Trust 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 Focus' value that differs from its market value or its book value, called intrinsic value, which is Sprott Focus' 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 Focus' market value can be influenced by many factors that don't directly affect Sprott Focus' 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 Focus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Focus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Focus' 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.
Sprott Focus 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sprott Focus' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sprott Focus.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Sprott Focus on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Sprott Focus Trust or generate 0.0% return on investment in Sprott Focus over 60 days. Sprott Focus is related to or competes with PowerUp Acquisition, Aurora Innovation, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Sprott Focus Trust, Inc. is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP More
Sprott Focus Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sprott Focus' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sprott Focus Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9075 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.31 |
Sprott Focus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Focus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sprott Focus' standard deviation. In reality, there are many statistical measures that can use Sprott Focus historical prices to predict the future Sprott Focus' volatility.| Risk Adjusted Performance | 0.0662 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0735 |
Sprott Focus Trust Backtested Returns
At this point, Sprott Focus is very steady. Sprott Focus Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0449, which indicates the firm had a 0.0449% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sprott Focus Trust, which you can use to evaluate the volatility of the company. Please validate Sprott Focus' Semi Deviation of 0.7657, risk adjusted performance of 0.0662, and Coefficient Of Variation of 1183.46 to confirm if the risk estimate we provide is consistent with the expected return of 0.0385%. Sprott Focus has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Sprott Focus returns are very sensitive to returns on the market. As the market goes up or down, Sprott Focus is expected to follow. Sprott Focus Trust right now has a risk of 0.86%. Please validate Sprott Focus maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Sprott Focus will be following its existing price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Sprott Focus Trust has very weak reverse predictability. Overlapping area represents the amount of predictability between Sprott Focus time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sprott Focus Trust price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Sprott Focus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sprott Focus Trust lagged returns against current returns
Autocorrelation, which is Sprott Focus stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sprott Focus' stock expected returns. We can calculate the autocorrelation of Sprott Focus returns to help us make a trade decision. For example, suppose you find that Sprott Focus has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sprott Focus regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sprott Focus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sprott Focus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sprott Focus stock over time.
Current vs Lagged Prices |
| Timeline |
Sprott Focus Lagged Returns
When evaluating Sprott Focus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sprott Focus stock have on its future price. Sprott Focus autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sprott Focus autocorrelation shows the relationship between Sprott Focus stock current value and its past values and can show if there is a momentum factor associated with investing in Sprott Focus Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sprott Focus Trust is a strong investment it is important to analyze Sprott Focus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprott Focus' future performance. For an informed investment choice regarding Sprott Stock, refer to the following important reports:Check out Sprott Focus Correlation, Sprott Focus Volatility and Sprott Focus Alpha and Beta module to complement your research on Sprott Focus. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Sprott Focus technical stock 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, stock market cycles, or different charting patterns.