Sprott Physical Performance

Sprott Physical Gold Trust -- USA Etf  

USD 10.82  0.10  0.92%

The entity has beta of 0.1643 which indicates as returns on market increase, Sprott Physical returns are expected to increase less than the market. However during bear market, the loss on holding Sprott Physical will be expected to be smaller as well.. Although it is extremely important to respect Sprott Physical Gold current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Sprott Physical Gold technical indicators you can presently evaluate if the expected return of 0.031% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Sprott Physical Gold Relative Risk vs. Return Landscape

If you would invest  1,085  in Sprott Physical Gold Trust on February 22, 2018 and sell it today you would earn a total of  7.00  from holding Sprott Physical Gold Trust or generate 0.65% return on investment over 30 days. Sprott Physical Gold Trust is currenly generating 0.031% of daily expected returns and assumes 0.6075% risk (volatility on return distribution) over the 30 days horizon. In different words, 5% of equities are less volatile than Sprott Physical Gold Trust and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Sprott Physical Gold Trust is expected to generate 0.56 times more return on investment than the market. However, the company is 1.79 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.15 per unit of risk.

Sprott Physical Daily Price Distribution

The median price of Sprott Physical for the period between Thu, Feb 22, 2018 and Sat, Mar 24, 2018 is 10.77 with a coefficient of variation of 0.59. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 10.77, and mean deviation of 0.05. The Etf received some media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Physical Gold Trust are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Sprott Physical Sharpe Ratio = 0.051
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Estimated Market Risk

  actual daily
 95 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 3 %
of total potential
Based on monthly moving average Sprott Physical is performing at about 3% 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.