Sprott Junior Gold Etf Profile
| SGDJ Etf | USD 32.17 0.61 1.93% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Sprott Junior is selling for 32.17 as of the 24th of April 2024. This is a 1.93% increase since the beginning of the trading day. The etf's last reported lowest price was 31.26. Sprott Junior has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Sprott Junior Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund will invest at least 90 percent of its net assets in securities that comprise the underlying index. Alps ETF is traded on NYSEARCA Exchange in the United States. More on Sprott Junior Gold
Moving together with Sprott Etf
| 0.98 | GDX | VanEck Gold Miners | PairCorr |
| 0.93 | SIL | Global X Silver | PairCorr |
| 0.96 | SILJ | ETFMG Prime Junior | PairCorr |
| 0.98 | SGDM | Sprott Gold Miners | PairCorr |
| 0.97 | GOAU | US Global GO | PairCorr |
| 0.99 | GOEX | Global X Gold | PairCorr |
Sprott Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sprott Junior's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sprott Junior or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Equity Precious Metals, Sprott (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 9.35 |
| Name | Sprott Junior Gold Miners ETF |
| Currency Code | USD |
| In Threey Volatility | 37.46 |
| 1y Volatility | 31.89 |
| 200 Day M A | 28.3844 |
| 50 Day M A | 29.7514 |
| Code | SGDJ |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.05) |
| Type | ETF |
Sprott Junior Gold [SGDJ] is traded in USA and was established 2015-03-31. The fund is listed under Equity Precious Metals category and is part of Sprott family. Sprott Junior Gold at this time have 83.08 M in assets. , while the total return for the last 3 years was -9.1%.
Check Sprott Junior Probability Of Bankruptcy
Top Sprott Junior Gold Etf Constituents
| EDV | Vanguard Extended Duration | Etf | Long Government |
| ANTM | Anthem Inc | Stock | Healthcare Plans |
| ASR | Grupo Aeroportuario del | Stock | Industrials |
| CDE | Coeur Mining | Stock | Materials |
| EDVMF | Endeavour Mining Corp | OTC Stock | Materials |
| HL | Hecla Mining | Stock | Materials |
| THO | Thor Industries | Stock | Consumer Discretionary |
Sprott Junior Target Price Odds Analysis
Based on a normal probability distribution, the odds of Sprott Junior jumping above the current price in 90 days from now is about 11.58%. The Sprott Junior Gold probability density function shows the probability of Sprott Junior etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.8711. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sprott Junior will likely underperform. Additionally, sprott Junior Gold has an alpha of 0.1244, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sprott Junior to move above the current price in 90 days from now is about 11.58 (This Sprott Junior Gold probability density function shows the probability of Sprott Etf to fall within a particular range of prices over 90 days) .
Sprott Junior Top Holders
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| PVFIX | Pinnacle Value Fund | Mutual Fund | Small Value |
Sprott Junior Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sprott Junior market risk premium is the additional return an investor will receive from holding Sprott Junior long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sprott Junior. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sprott Junior's alpha and beta are two of the key measurements used to evaluate Sprott Junior's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.1244 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0988 |
Sprott Junior Against Markets
Picking the right benchmark for Sprott Junior etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sprott Junior etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sprott Junior is critical whether you are bullish or bearish towards Sprott Junior Gold at a given time. Please also check how Sprott Junior's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sprott Junior without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Sprott Etf?
Before investing in Sprott Junior, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sprott Junior. To buy Sprott Junior etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sprott Junior. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sprott Junior etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sprott Junior Gold etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sprott Junior Gold etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Sprott Junior Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sprott Etf please use our How to Invest in Sprott Junior guide.
Already Invested in Sprott Junior Gold?
The danger of trading Sprott Junior Gold is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sprott Junior is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sprott Junior. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sprott Junior Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sprott Junior Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sprott Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sprott Junior Gold Etf. Highlighted below are key reports to facilitate an investment decision about Sprott Junior Gold Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Junior 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 unemployment. Note that the Sprott Junior Gold information on this page should be used as a complementary analysis to other Sprott Junior's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Sprott Junior 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 Junior's value that differs from its market value or its book value, called intrinsic value, which is Sprott Junior'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 Junior's market value can be influenced by many factors that don't directly affect Sprott Junior'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 Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Junior'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.