Sprott Physical Gold Etf Performance
| PHYS Etf | USD 18.40 0.10 0.54% |
The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sprott Physical are expected to decrease at a much lower rate. During the bear market, Sprott Physical is likely to outperform the market.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Physical Gold are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, Sprott Physical unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Sprott |
Sprott Physical Relative Risk vs. Return Landscape
If you would invest 1,572 in Sprott Physical Gold on January 19, 2024 and sell it today you would earn a total of 268.00 from holding Sprott Physical Gold or generate 17.05% return on investment over 90 days. Sprott Physical Gold is currently generating 0.2495% in daily expected returns and assumes 0.8165% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Sprott, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sprott Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Physical Gold, and traders can use it to determine the average amount a Sprott Physical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3056
| Best Portfolio | Best Equity | |||
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| Small Returns | PHYS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 23 77% of assets perform better |
Based on monthly moving average Sprott Physical is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sprott Physical by adding it to a well-diversified portfolio.
Sprott Physical Fundamentals Growth
Sprott Etf prices reflect investors' perceptions of the future prospects and financial health of Sprott Physical, and Sprott Physical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sprott Etf performance.
| Return On Asset | -0.11 | |||
| Current Valuation | 1.37 B | |||
| Shares Outstanding | 340.59 M | |||
| Price To Earning | (8.39) X | |||
| Price To Book | 1.11 X | |||
| Price To Sales | (8.76) X | |||
| Revenue | (148.39 M) | |||
| EBITDA | (155.26 M) | |||
| Cash And Equivalents | 598.32 K | |||
| Cash Per Share | (0.05) X | |||
| Cash Flow From Operations | (6.79 M) | |||
| Earnings Per Share | (1.04) X | |||
| Total Asset | 1.24 B | |||
| Retained Earnings | (545.86 M) | |||
| Current Asset | 1.24 B | |||
| Current Liabilities | 347.45 K | |||
About Sprott Physical Performance
To evaluate Sprott Physical Gold Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Sprott Physical generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Sprott Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Sprott Physical Gold market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Sprott's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical is listed under Asset Management in the United States and is traded on NYSEARCA Exchange exchange.| Net Loss for the year was (155.26 M) with loss before overhead, payroll, taxes, and interest of (148.39 M). | |
| Sprott Physical Gold currently holds about 598.32 K in cash with (6.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.046. | |
| The fund maintains all of the assets in different exotic instruments |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Gold. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Sprott Physical Gold 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 Physical's value that differs from its market value or its book value, called intrinsic value, which is Sprott Physical'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 Physical's market value can be influenced by many factors that don't directly affect Sprott Physical'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 Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Physical'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.