Sprott Energy Transition Etf Performance
| SETM Etf | 15.72 0.02 0.13% |
The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sprott Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sprott Energy is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sprott Energy Transition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
Sprott |
Sprott Energy Relative Risk vs. Return Landscape
If you would invest 1,763 in Sprott Energy Transition on November 9, 2024 and sell it today you would lose (191.00) from holding Sprott Energy Transition or give up 10.83% of portfolio value over 90 days. Sprott Energy Transition is currently does not generate positive expected returns and assumes 1.6625% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than Sprott, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Sprott Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Energy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Energy Transition, and traders can use it to determine the average amount a Sprott Energy'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 = -0.1086
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| Negative Returns | SETM |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sprott Energy 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 Sprott Energy by adding Sprott Energy to a well-diversified portfolio.
About Sprott Energy Performance
By examining Sprott Energy's fundamental ratios, stakeholders can obtain critical insights into Sprott Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Sprott Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Sprott Energy generated a negative expected return over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Energy Transition. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Sprott Energy Transition 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Sprott Energy'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 Energy's market value can be influenced by many factors that don't directly affect Sprott Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Energy'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.