Purpose Silver Bullion Etf Performance
| SBT-U Etf | USD 16.30 0.44 2.63% |
The etf holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Purpose Silver are expected to decrease at a much lower rate. During the bear market, Purpose Silver is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Purpose Silver Bullion has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
Purpose |
Purpose Silver Relative Risk vs. Return Landscape
If you would invest 1,831 in Purpose Silver Bullion on November 3, 2024 and sell it today you would lose (201.00) from holding Purpose Silver Bullion or give up 10.98% of portfolio value over 90 days. Purpose Silver Bullion is generating negative expected returns and assumes 1.9247% volatility on return distribution over the 90 days horizon. Simply put, 17% of etfs are less volatile than Purpose, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Purpose Silver Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Silver's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Purpose Silver Bullion, and traders can use it to determine the average amount a Purpose Silver'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 = -0.0858
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| Negative Returns | SBT-U |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Purpose Silver 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 Purpose Silver by adding Purpose Silver to a well-diversified portfolio.
Purpose Silver Fundamentals Growth
Purpose Etf prices reflect investors' perceptions of the future prospects and financial health of Purpose Silver, and Purpose Silver 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 Purpose Etf performance.
| Total Asset | 46.3 M | |||
About Purpose Silver Performance
Assessing Purpose Silver's fundamental ratios provides investors with valuable insights into Purpose Silver's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Purpose Silver is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The Fund has been created to buy and hold substantially all of its assets in silver bullion and, incidental thereto, minor amounts of silver certificates, if any. The Fund invests in and holds unencumbered silver bullion on a long-term basis in 1,000 ounce international bar sizes, and not to speculate with regard to short-term changes in silver prices in order to provide investors with the ability to effectively invest in unencumbered silver bullion in a convenient and secure manner, without the associated inconvenience and relatively high transaction, handling, storage, insurance and other costs typical of a direct silver bullion investment. SILVER BULLION is traded on Toronto Stock Exchange in Canada.| Purpose Silver generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Purpose Etf
Purpose Silver financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Silver security.