Sprott Gold Equity Fund Manager Performance Evaluation
| SGDLX Fund | USD 54.38 2.44 4.29% |
The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sprott Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sprott Gold is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Gold Equity are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, Sprott Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of April 2023 | |
| Expense Ratio | 1.4900 |
Sprott |
Sprott Gold Relative Risk vs. Return Landscape
If you would invest 5,180 in Sprott Gold Equity on August 15, 2024 and sell it today you would earn a total of 258.00 from holding Sprott Gold Equity or generate 4.98% return on investment over 90 days. Sprott Gold Equity is currently producing 0.0912% returns and takes up 1.6888% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than Sprott, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sprott Gold Current Valuation
Fairly Valued
Today
Please note that Sprott Gold's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sprott Gold Equity has a current Real Value of $55.01 per share. The regular price of the fund is $54.38. We determine the value of Sprott Gold Equity from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Sprott Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sprott Mutual Fund. However, Sprott Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 54.38 | Real 55.01 | Hype 54.38 | Naive 51.39 |
The intrinsic value of Sprott Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sprott Gold's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Sprott Gold Equity helps investors to forecast how Sprott mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sprott Gold more accurately as focusing exclusively on Sprott Gold's fundamentals will not take into account other important factors: Sprott Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Gold's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sprott Gold Equity, and traders can use it to determine the average amount a Sprott Gold'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 = 0.054
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| Cash | Small Risk | SGDLX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sprott Gold is performing at about 4% 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 Gold by adding it to a well-diversified portfolio.
Sprott Gold Fundamentals Growth
Sprott Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sprott Gold, and Sprott Gold 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 Mutual Fund performance.
| Total Asset | 601.6 M | |||
About Sprott Gold Performance
Evaluating Sprott Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sprott Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sprott Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of companies located throughout the world, in both developed and emerging markets, that are primarily engaged in mining or processing gold . It may also invest in gold bullion and other precious metals, i.e., silver and platinum . However, no more than 20 percent of the funds total assets may be invested directly in gold bullion and other precious metals. The fund is non-diversified.Things to note about Sprott Gold Equity performance evaluation
Checking the ongoing alerts about Sprott Gold for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sprott Gold Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated-2.0 ten year return of -2.0% | |
| Sprott Gold Equity maintains 82.84% of its assets in stocks |
- Analyzing Sprott Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sprott Gold's stock is overvalued or undervalued compared to its peers.
- Examining Sprott Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sprott Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sprott Gold's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sprott Gold's mutual fund. These opinions can provide insight into Sprott Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sprott Mutual Fund
Sprott Gold financial ratios help investors to determine whether Sprott Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sprott with respect to the benefits of owning Sprott Gold security.
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