Sprott Gold Miners Etf Analysis
SGDM Etf | USD 30.06 0.39 1.31% |
Sprott Gold Miners is fairly valued with Real Value of 30.28 and Hype Value of 30.06. The main objective of Sprott Gold etf analysis is to determine its intrinsic value, which is an estimate of what Sprott Gold Miners is worth, separate from its market price. There are two main types of Sprott Etf analysis: fundamental analysis and technical analysis.
The Sprott Gold etf is traded in the USA on NYSE ARCA 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 Gold is is formed as Regulated Investment Company in the United States. ETF is managed and operated by ALPS Fund Services, Inc.. The fund has 36 constituents with avarage daily trading value of 34.6 K. The fund charges 0.35 percent management fee with a total expences of 0.5 percent of total asset. The fund maintains 99.83% of assets in stocks. Sprott Gold Miners last dividend was 0.063 per share. The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depositary Receipts are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. Sprott Gold is traded on NYSEARCA Exchange in the United States. To find out more about Sprott Gold Miners contact the company at NA.Sector Exposure
Sprott Gold Miners constituents include assets from different sectors. As a result, investing in Sprott Gold 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 Gold because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Sprott Gold'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 Gold 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 Gold 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 Gold Miners Investment Alerts
Sprott Gold Miners generated a negative expected return over the last 90 days | |
The fund maintains 99.83% of its assets in stocks |
Sprott Gold Thematic Classifications
In addition to having Sprott Gold 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.
Sector ETFsUSA ETFs from Sector clasification | ||
Materials ETFsUSA ETFs from Materials clasification |
Management Efficiency
Sprott Gold's management efficiency ratios could be used to measure how well Sprott Gold manages its routine affairs as well as how well it operates its assets and liabilities.Management at Sprott Gold Miners focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Returns 3 Y 2.26 | Returns 5 Y 5.77 | Returns 1 Y 29.64 | Total Assets 261.8 M | Yield 1.11 |
Top Sprott Gold Miners Etf Constituents
SSRM | SSR Mining | Stock | |
ELD | Eldorado Gold Corp | Stock | |
ABX | Barrick Gold Corp | Stock | |
OGC | OceanaGold | Stock | |
IMG | IAMGold | Stock | |
RGLD | Royal Gold | Stock | |
AGI | Alamos Gold | Stock | |
CG | Centerra Gold | Stock | |
WPM | Wheaton Precious Metals | Stock | |
TXG | Torex Gold Resources | Stock | |
SEA | Seabridge Gold | Stock | |
OR | Osisko Gold Ro | Stock | |
HMY | Harmony Gold Mining | Stock | |
NEM | Newmont Goldcorp Corp | Stock | |
DPM | Dundee Precious Metals | Stock | |
K | Kinross Gold Corp | Stock | |
WDO | Wesdome Gold Mines | Stock | |
EQX | Equinox Gold Corp | Stock | |
GFI | Gold Fields Ltd | Stock | |
BTO | B2Gold Corp | Stock | |
SSL | Sandstorm Gold Ltd | Stock | |
EDVMF | Endeavour Mining Corp | OTC Stock | |
PAAS | Pan American Silver | Stock | |
LUG | Lundin Gold | Stock | |
3Y0 | TRIPLE FLAG PRECMET | Stock | |
OLA | Orla Mining | Stock | |
AEM | Agnico Eagle Mines | Stock | |
CDE | Coeur Mining | Stock | |
NGD | New Gold | Stock | |
NG | NovaGold Resources | Stock | |
FNV | Franco Nevada | Stock |
Institutional Etf Holders for Sprott Gold
Have you ever been surprised when a price of an equity instrument such as Sprott Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sprott Gold Miners backward and forwards among themselves. Sprott Gold's institutional investor refers to the entity that pools money to purchase Sprott Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
PVFIX | Pinnacle Value Fund | Mutual Fund | Small Value |
Technical Drivers
As of the 22nd of November, Sprott Gold has the Risk Adjusted Performance of (0.01), coefficient of variation of (4,391), and Variance of 3.19. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sprott Gold Miners, as well as the relationship between them. Please validate Sprott Gold Miners standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Sprott Gold is priced more or less accurately, providing market reflects its prevalent price of 30.06 per share.Sprott Gold Miners Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sprott Gold 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 Gold Miners. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Sprott Gold Outstanding Bonds
Sprott Gold 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 Gold 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 Gold 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 Gold Predictive Daily Indicators
Sprott Gold 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 Gold 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 Gold Forecast Models
Sprott Gold's time-series forecasting models are one of many Sprott Gold'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 Gold'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 Gold 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 Gold. By using and applying Sprott Etf analysis, traders can create a robust methodology for identifying Sprott entry and exit points for their positions.
The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depositary Receipts are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. Sprott Gold is traded on NYSEARCA Exchange in the United States.
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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 Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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The market value of Sprott Gold 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Sprott Gold'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 Gold's market value can be influenced by many factors that don't directly affect Sprott Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Gold'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.