Sprott Uranium Miners Etf Analysis
URNM Etf | USD 49.74 1.71 3.56% |
Sprott Uranium Miners is overvalued with Real Value of 48.59 and Hype Value of 49.65. The main objective of Sprott Uranium etf analysis is to determine its intrinsic value, which is an estimate of what Sprott Uranium Miners is worth, separate from its market price. There are two main types of Sprott Etf analysis: fundamental analysis and technical analysis.
The Sprott Uranium 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 Uranium is is formed as Regulated Investment Company in the United States. ETF is managed and operated by ALPS Fund Services, Inc.. The fund has 41 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. The fund keeps 100.69% of net assets in stocks. The fund will normally invest at least 80 percent of its total assets in securities of the index. Sprott Uranium is traded on NYSEARCA Exchange in the United States. For more information please call the company at NA.Sector Exposure
Sprott Uranium Miners constituents include assets from different sectors. As a result, investing in Sprott Uranium 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 Uranium because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Sprott Uranium'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 Uranium 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 Uranium 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 Uranium Miners Investment Alerts
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The fund keeps 100.69% of its net assets in stocks |
Sprott Uranium Thematic Classifications
In addition to having Sprott Uranium 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.
Energy ETFsUSA ETFs from Energy clasification | ||
Sector ETFsUSA ETFs from Sector clasification |
Management Efficiency
Sprott Uranium's management efficiency ratios could be used to measure how well Sprott Uranium manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Sprott Uranium Miners is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 6.56 | Returns 1 Y 3.41 | Total Assets 1.7 B | Yield 3.69 | Returns YTD 1.47 |
Top Sprott Uranium Miners Etf Constituents
7WT | Western Uranium Vanadium | Stock | |
EFR | Energy Fuels | Stock | |
MGA | Mega Uranium | Stock | |
UEC | Uranium Energy Corp | Stock | |
URE | Ur Energy | Stock | |
DML | Denison Mines Corp | Stock | |
AGE | Alligator Energy | Stock | |
BOE | Boss Energy Limited | Stock | |
FSY | Forsys Metals Corp | Stock | |
LAM | Laramide Resources | Stock | |
BKY | Berkeley Energy | Stock | |
NXE | NexGen Energy | Stock | |
BMN | Bannerman Resources | Stock | |
LOT | Lotus Resources | Stock | |
GLO | Global Atomic Corp | Stock | |
YCA | Yellow Cake PLC | Stock | |
PDN | Paladin Energy | Stock | |
6TU | enCore Energy Corp | Stock | |
KAP | National Atomic Co | Stock | |
SYH | Skyharbour Resources | Stock | |
CCO | Cameco Corp | Stock | |
AEC | Anfield Resources | Stock | |
CVV | CanAlaska Uranium | Stock | |
AEE | Aura Energy | Stock | |
DYL | Deep Yellow | Stock | |
FCU | Fission Uranium Corp | Stock | |
PEN | Peninsula Energy | Stock | |
GXU | GoviEx Uranium | Stock |
Institutional Etf Holders for Sprott Uranium
Have you ever been surprised when a price of an equity instrument such as Sprott Uranium is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sprott Uranium Miners backward and forwards among themselves. Sprott Uranium's institutional investor refers to the entity that pools money to purchase Sprott Uranium'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.
Note, although Sprott Uranium's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. Technical Drivers
As of the 22nd of November, Sprott Uranium has the Coefficient Of Variation of 962.16, semi deviation of 2.08, and Risk Adjusted Performance of 0.0854. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sprott Uranium Miners, as well as the relationship between them. Please validate Sprott Uranium Miners information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Sprott Uranium is priced more or less accurately, providing market reflects its prevalent price of 49.74 per share.Sprott Uranium Miners Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sprott Uranium 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 Uranium Miners. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Sprott Uranium Outstanding Bonds
Sprott Uranium 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 Uranium 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 Uranium 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 Uranium Predictive Daily Indicators
Sprott Uranium 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 Uranium 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 Uranium Forecast Models
Sprott Uranium's time-series forecasting models are one of many Sprott Uranium'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 Uranium'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 Uranium 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 Uranium. By using and applying Sprott Etf analysis, traders can create a robust methodology for identifying Sprott entry and exit points for their positions.
The fund will normally invest at least 80 percent of its total assets in securities of the index. Sprott Uranium 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 Uranium to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Uranium 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 board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Sprott Uranium 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 Uranium's value that differs from its market value or its book value, called intrinsic value, which is Sprott Uranium'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 Uranium's market value can be influenced by many factors that don't directly affect Sprott Uranium'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 Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Uranium'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.