Sprott Physical Uranium Etf Performance
| U-UN Etf | 25.99 0.19 0.73% |
The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sprott Physical are expected to decrease at a much lower rate. During the bear market, Sprott Physical is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Physical Uranium are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Sprott Physical may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | VanEck Uranium And Nuclear ETF I Dont Like The Composition - Seeking Alpha | 11/22/2024 |
Sprott |
Sprott Physical Relative Risk vs. Return Landscape
If you would invest 2,476 in Sprott Physical Uranium on August 28, 2024 and sell it today you would earn a total of 123.00 from holding Sprott Physical Uranium or generate 4.97% return on investment over 90 days. Sprott Physical Uranium is generating 0.1056% of daily returns and assumes 2.3682% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than Sprott, and 98% 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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Sprott Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Physical Uranium, and traders can use it to determine the average amount a Sprott Physical'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 = 0.0446
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| Cash | Small Risk | U-UN | High Risk | Huge Risk |
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sprott Physical is performing at about 3% of its full potential. 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 Physical by adding it to a well-diversified portfolio.
About Sprott Physical Performance
By examining Sprott Physical's fundamental ratios, stakeholders can obtain critical insights into Sprott Physical'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 Physical 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 Physical is entity of Canada. It is traded as Etf on TO exchange.| Latest headline from news.google.com: VanEck Uranium And Nuclear ETF I Dont Like The Composition - Seeking Alpha |
Other Information on Investing in Sprott Etf
Sprott Physical financial ratios help investors to determine whether Sprott 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 Sprott with respect to the benefits of owning Sprott Physical security.