Sprott Physical Performance

Sprott Physical Gold Trust -- USA Etf  

USD 10.18  0.02  0.2%

The entity has beta of -0.3872 which indicates as returns on market increase, returns on owning Sprott Physical are expected to decrease at a much smaller rate. During bear market, Sprott Physical is likely to outperform the market.. Even though it is essential to pay attention to Sprott Physical Gold current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sprott Physical Gold Trust exposes twenty-one different technical indicators which can help you to evaluate its performance.
Investment Horizon     30 Days    Login   to change

Sprott Physical Gold Relative Risk vs. Return Landscape

If you would invest  1,054  in Sprott Physical Gold Trust on November 17, 2017 and sell it today you would lose (34)  from holding Sprott Physical Gold Trust or give up 3.23% of portfolio value over 30 days. Sprott Physical Gold Trust is currenly does not generate positive expected returns and assumes 0.5799% 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 under-perform the market. In addition to that, the company is 1.29 times more volatile than its market benchmark. It trades about -0.27 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.57 per unit of volatility.

Sprott Physical Daily Price Distribution

The median price of Sprott Physical for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 10.41 with a coefficient of variation of 1.34. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 10.35, and mean deviation of 0.12. The Etf received some media coverage during the period.
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Risk-Adjusted Performance

Over the last 30 days Sprott Physical Gold Trust has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Sprott Physical Sharpe Ratio = -0.2663
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Estimated Market Risk

 0.58
  actual daily
 
 95 %
of total potential
  

Expected Return

 -0.15
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.27
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Sprott Physical is performing at about 0% 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.