Sprott Silver Financial Statements From 2010 to 2025
| SLVR Etf | USD 33.56 1.04 3.20% |
Check Sprott Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprott Silver's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Silver Valuation or Volatility modules.
This module can also supplement various Sprott Silver Technical models . Check out the analysis of Sprott Silver Correlation against competitors. Sprott Silver Miners ETF Price To Earning Analysis
Sprott Silver's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Sprott Silver Price To Earning | 142.00 X |
Most of Sprott Silver's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Silver Miners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Sprott Silver Miners has a Price To Earning of 142 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Equity Precious Metals category. The price to earning for all United States etfs is notably lower than that of the firm.
Sprott Silver Miners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Silver's current stock value. Our valuation model uses many indicators to compare Sprott Silver value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Silver competition to find correlations between indicators driving Sprott Silver's intrinsic value. More Info.Sprott Silver Miners is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sprott Silver Miners is roughly 109.32 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Silver by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Sprott Silver Financial Statements
Sprott Silver shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Sprott Silver investors may analyze each financial statement separately, they are all interrelated. The changes in Sprott Silver's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sprott Silver's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York. Silverspac Inc operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Pair Trading with Sprott Silver
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Sprott Etf
| 0.61 | GDX | VanEck Gold Miners Aggressive Push | PairCorr |
| 0.89 | SIL | Global X Silver | PairCorr |
| 0.89 | SILJ | Amplify Junior Silver | PairCorr |
| 0.66 | SGDM | Sprott Gold Miners | PairCorr |
The ability to find closely correlated positions to Sprott Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Silver Miners to buy it.
The correlation of Sprott Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Silver Miners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Sprott Silver Correlation against competitors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Sprott Silver Miners 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 Silver's value that differs from its market value or its book value, called intrinsic value, which is Sprott Silver'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 Silver's market value can be influenced by many factors that don't directly affect Sprott Silver'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 Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Silver'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.