Sprott Uranium Valuation
| URNM Etf | USD 47.77 1.59 3.22% |
At this time, the etf appears to be fairly valued. Sprott Uranium Miners has a current Real Value of $49.11 per share. The regular price of the etf is $47.77. Our model measures the value of Sprott Uranium Miners from inspecting the etf fundamentals such as Beta of 0.8, net asset of 861.27 M, and Equity Positions Weight of 100.69 % as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Sprott Uranium's price fluctuation is very steady at this time. Calculation of the real value of Sprott Uranium Miners is based on 3 months time horizon. Increasing Sprott Uranium'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 Uranium Miners. Since Sprott Uranium is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Etf. However, Sprott Uranium'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 47.77 | Real 49.11 | Hype 49.3 | Naive 52.13 |
The intrinsic value of Sprott Uranium'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 Uranium'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 Uranium 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 Uranium more accurately as focusing exclusively on Sprott Uranium's fundamentals will not take into account other important factors: About Sprott Uranium Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Sprott Uranium Miners. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Sprott Uranium Miners based exclusively on its fundamental and basic technical indicators. By analyzing Sprott Uranium's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Sprott Uranium's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sprott Uranium. We calculate exposure to Sprott Uranium's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Sprott Uranium's related companies. When determining whether Sprott Uranium Miners is a strong investment it is important to analyze Sprott Uranium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprott Uranium's future performance. For an informed investment choice regarding Sprott Etf, refer to the following important reports: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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.