Sprott Nickel Miners Etf Alpha and Beta Analysis
| NIKL Etf | 12.07 0.24 2.03% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sprott Nickel Miners. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sprott Nickel over a specified time horizon. Remember, high Sprott Nickel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Sprott Nickel's market risk premium analysis include:
Beta 0.51 | Alpha (0.05) | Risk 1.75 | Sharpe Ratio (0.01) | Expected Return (0.01) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Sprott |
Sprott Nickel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sprott Nickel market risk premium is the additional return an investor will receive from holding Sprott Nickel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sprott Nickel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sprott Nickel's performance over market.| α | -0.05 | β | 0.51 |
Sprott Nickel expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Sprott Nickel's Buy-and-hold return. Our buy-and-hold chart shows how Sprott Nickel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sprott Nickel Market Price Analysis
Market price analysis indicators help investors to evaluate how Sprott Nickel etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprott Nickel shares will generate the highest return on investment. By understating and applying Sprott Nickel etf market price indicators, traders can identify Sprott Nickel position entry and exit signals to maximize returns.
Sprott Nickel Return and Market Media
The median price of Sprott Nickel for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 12.54 with a coefficient of variation of 5.14. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 12.67, and mean deviation of 0.55. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Video - The Fourth Industrial Revolution Reshaping Global Energy Markets - FA Mag | 09/17/2024 |
2 | Uranium Mining ETFs Surging This Month - ETFdb.com | 10/22/2024 |
3 | China Will Weigh Heavily on the Allure of Copper - ETF Trends | 11/19/2024 |
About Sprott Nickel Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sprott or other etfs. Alpha measures the amount that position in Sprott Nickel Miners has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sprott Nickel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sprott Nickel's short interest history, or implied volatility extrapolated from Sprott Nickel options trading.
Build Portfolio with Sprott Nickel
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Sprott Nickel Backtesting, Portfolio Optimization, Sprott Nickel Correlation, Sprott Nickel Hype Analysis, Sprott Nickel Volatility, Sprott Nickel History and analyze Sprott Nickel Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Sprott Nickel technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.