Sprott Junior Gold Etf Buy Hold or Sell Recommendation
| SGDJ Etf | USD 33.20 0.33 1.00% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Sprott Junior Gold is 'Strong Buy'. Macroaxis provides Sprott Junior buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SGDJ positions. The advice algorithm takes into account all of Sprott Junior's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sprott Junior's buy or sell advice are summarized below:
Real Value 34.85 | Hype Value 32.79 | Market Value 33.2 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sprott Junior Gold given historical horizon and risk tolerance towards Sprott Junior. When Macroaxis issues a 'buy' or 'sell' recommendation for Sprott Junior Gold, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sprott |
Execute Sprott Junior Buy or Sell Advice
The Sprott recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sprott Junior Gold. Macroaxis does not own or have any residual interests in Sprott Junior Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sprott Junior's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details |
Sprott Junior Trading Alerts and Improvement Suggestions
| The fund created three year return of -9.0% | |
| Sprott Junior Gold maintains 100.08% of its assets in stocks |
Sprott Junior Returns Distribution Density
The distribution of Sprott Junior's historical returns is an attempt to chart the uncertainty of Sprott Junior's future price movements. The chart of the probability distribution of Sprott Junior daily returns describes the distribution of returns around its average expected value. We use Sprott Junior Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sprott Junior returns is essential to provide solid investment advice for Sprott Junior.
| Mean Return | 0.33 | Value At Risk | -2.74 | Potential Upside | 4.05 | Standard Deviation | 2.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sprott Junior historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sprott Junior Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sprott Junior or Sprott sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sprott Junior's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sprott etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | 2.04 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | 0.13 |
Sprott Junior Volatility Alert
Sprott Junior Gold has relatively low volatility with skewness of 0.32 and kurtosis of -0.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sprott Junior's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sprott Junior's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sprott Junior Fundamentals Vs Peers
Comparing Sprott Junior's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sprott Junior's direct or indirect competition across all of the common fundamentals between Sprott Junior and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sprott Junior or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Sprott Junior's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sprott Junior by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sprott Junior to competition |
| Fundamentals | Sprott Junior | Peer Average |
| Price To Earning | 22.71 X | 3.15 X |
| Price To Book | 0.99 X | 0.39 X |
| Price To Sales | 1.84 X | 0.33 X |
| Beta | 1.37 | |
| One Year Return | (1.90) % | (0.97) % |
| Three Year Return | (8.60) % | 3.23 % |
| Five Year Return | 7.30 % | 1.12 % |
| Net Asset | 83.08 M | 2.29 B |
| Last Dividend Paid | 0.22 | 0.14 |
| Equity Positions Weight | 100.08 % | 52.82 % |
Sprott Junior Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sprott . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 283.89 | |||
| Daily Balance Of Power | 0.5893 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 33.25 | |||
| Day Typical Price | 33.23 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | 0.33 |
About Sprott Junior Buy or Sell Advice
When is the right time to buy or sell Sprott Junior Gold? Buying financial instruments such as Sprott Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Sprott Junior Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.