Sprott Financial Statements From 2010 to 2024
| CEF-U Stock | USD 25.12 0.34 1.37% |
Gross Profit -289.5 M | Market Capitalization 3.8 B | Enterprise Value Revenue 3.214 |
Sprott Physical Total Revenue |
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Check Sprott Physical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprott Physical's main balance sheet or income statement drivers, such as Selling General Administrative of 3.6 M, Total Revenue of 221.5 M or Other Operating Expenses of 1.1 M, as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Physical Valuation or Volatility modules.
Sprott | Select Account or Indicator |
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About Sprott Physical Financial Statements
Sprott Physical 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 Physical investors may analyze each financial statement separately, they are all interrelated. The changes in Sprott Physical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sprott Physical's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 312.9 M | 221.5 M |
Pair Trading with Sprott Physical
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 Physical 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 Physical will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sprott Physical 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 Physical 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 Physical - 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 Physical Gold to buy it.
The correlation of Sprott Physical 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 Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Physical Gold 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 Physical 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.Additional Tools for Sprott Stock Analysis
When running Sprott Physical's price analysis, check to measure Sprott Physical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sprott Physical is operating at the current time. Most of Sprott Physical's value examination focuses on studying past and present price action to predict the probability of Sprott Physical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprott Physical's price. Additionally, you may evaluate how the addition of Sprott Physical to your portfolios can decrease your overall portfolio volatility.