Sprott Gold Valuation
| SGDM Etf | USD 29.28 1.02 3.37% |
At this time, the etf appears to be fairly valued. Sprott Gold Miners has a current Real Value of $30.47 per share. The regular price of the etf is $29.28. Our model measures the value of Sprott Gold Miners from inspecting the etf fundamentals such as Earnings Per Share of (0.06) X, price to earning of 19.99 X, and Beta of 0.78 as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Sprott Gold's price fluctuation is very steady at this time. Calculation of the real value of Sprott Gold Miners is based on 3 months time horizon. Increasing Sprott Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Sprott etf is determined by what a typical buyer is willing to pay for full or partial control of Sprott Gold Miners. Since Sprott Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Etf. However, Sprott Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 29.28 | Real 30.47 | Hype 30.3 | Naive 31.68 |
The intrinsic value of Sprott Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sprott Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Sprott Gold Miners helps investors to forecast how Sprott etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sprott Gold more accurately as focusing exclusively on Sprott Gold's fundamentals will not take into account other important factors: About Sprott Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Sprott Gold Miners. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Sprott Gold Miners based exclusively on its fundamental and basic technical indicators. By analyzing Sprott Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Sprott Gold's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sprott Gold. We calculate exposure to Sprott Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Sprott Gold's related companies.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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Gold 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 unemployment. 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 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.