Sprott Junior Copper Etf Performance
| COPJ Etf | 22.20 0.23 1.05% |
The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. Sprott Junior returns are very sensitive to returns on the market. As the market goes up or down, Sprott Junior is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Sprott Junior Copper are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively steady basic indicators, Sprott Junior is not utilizing all of its potentials. The latest stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
Sprott |
Sprott Junior Relative Risk vs. Return Landscape
If you would invest 2,184 in Sprott Junior Copper on August 25, 2024 and sell it today you would earn a total of 36.00 from holding Sprott Junior Copper or generate 1.65% return on investment over 90 days. Sprott Junior Copper is currently generating 0.0445% in daily expected returns and assumes 1.9643% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of etfs are less volatile than Sprott, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Sprott Junior Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sprott Junior's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sprott Junior Copper, and traders can use it to determine the average amount a Sprott Junior'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 = 0.0227
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| Negative Returns | COPJ |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Sprott Junior is performing at about 1% 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 Junior by adding it to a well-diversified portfolio.
About Sprott Junior Performance
By evaluating Sprott Junior's fundamental ratios, stakeholders can gain valuable insights into Sprott Junior's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sprott Junior 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 Junior 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.
Sprott Junior is entity of United States. It is traded as Etf on NASDAQ exchange.