Sprott Nickel Miners Etf Analysis
NIKL Etf | 12.07 0.24 2.03% |
Sprott Nickel Miners is fairly valued with Real Value of 12.22 and Hype Value of 12.07. The main objective of Sprott Nickel etf analysis is to determine its intrinsic value, which is an estimate of what Sprott Nickel Miners is worth, separate from its market price. There are two main types of Sprott Etf analysis: fundamental analysis and technical analysis.
The Sprott Nickel etf is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Sprott Etf Analysis Notes
Sprott Nickel is is formed as Regulated Investment Company in the United States. ETF is managed and operated by ALPS Fund Services, Inc.. The fund has 29 constituents across multiple sectors and instustries. The fund charges 0.75 percent management fee with a total expences of 0.75 percent of total asset. It is possible that Sprott Nickel Miners etf was renamed or delisted.Sector Exposure
Sprott Nickel Miners constituents include assets from different sectors. As a result, investing in Sprott Nickel lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in Sprott Nickel because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Sprott Nickel's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
Sprott Nickel Miners manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of Sprott Nickel will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
Sprott Nickel Miners Investment Alerts
Sprott Nickel Miners generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: China Will Weigh Heavily on the Allure of Copper - ETF Trends |
Sprott Nickel Thematic Classifications
In addition to having Sprott Nickel etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Theme ETFsUSA ETFs from Theme clasification | ||
Strategy ETFsUSA ETFs from Strategy clasification |
Management Efficiency
Sprott Nickel's management efficiency ratios could be used to measure how well Sprott Nickel manages its routine affairs as well as how well it operates its assets and liabilities.Understanding the management dynamics of Sprott Nickel Miners allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Returns 1 Y (17.88) | Total Assets 10.4 M | Yield 21.200001 | Returns YTD (14.88) |
Top Sprott Nickel Miners Etf Constituents
NICL | PAM Mineral Tbk | Stock | |
NIC | Nickel Industries Limited | Stock | |
NCKL | PT Trimegah Bangun | Stock | |
RDN | Raiden Resources | Stock | |
INCO | Vale Indonesia Tbk | Stock | |
NICU | Magna Mining | Stock | |
ERA | Eramet SA | Stock | |
IGO | IGO | Stock | |
PNPN | Power Nickel | Stock | |
S | Sherritt International | Stock | |
O8S | PREMIUM NICKEL RESOURCES | Stock | |
NIKL | Nickel Asia Corp | Stock | |
CNC | Canada Nickel | Stock | |
ARL | Ardea Resources | Stock | |
TLO | Talon Metals Corp | Stock | |
NKL | Nickel 28 Capital | Stock | |
ANTM | Aneka Tambang Persero | Stock | |
FNI | Global Ferronickel Holdings | Stock | |
CTM | Centaurus Metals | Stock |
Technical Drivers
As of the 25th of November, Sprott Nickel has the Risk Adjusted Performance of 0.0143, coefficient of variation of 8769.08, and Semi Deviation of 1.48. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sprott Nickel Miners, as well as the relationship between them. Please validate Sprott Nickel Miners information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Sprott Nickel is priced more or less accurately, providing market reflects its prevalent price of 12.07 per share.Sprott Nickel Miners Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sprott Nickel middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Sprott Nickel Miners. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Sprott Nickel Outstanding Bonds
Sprott Nickel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sprott Nickel Miners uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sprott bonds can be classified according to their maturity, which is the date when Sprott Nickel Miners has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Sprott Nickel Predictive Daily Indicators
Sprott Nickel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sprott Nickel etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Sprott Nickel Forecast Models
Sprott Nickel's time-series forecasting models are one of many Sprott Nickel's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sprott Nickel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Sprott Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Sprott Nickel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sprott shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Sprott Nickel. By using and applying Sprott Etf analysis, traders can create a robust methodology for identifying Sprott entry and exit points for their positions.
Sprott Nickel is entity of United States. It is traded as Etf on NASDAQ exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Sprott Nickel to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sprott Nickel Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Sprott Nickel 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 Nickel's value that differs from its market value or its book value, called intrinsic value, which is Sprott Nickel'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 Nickel's market value can be influenced by many factors that don't directly affect Sprott Nickel'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 Nickel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Nickel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Nickel'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.