Sprott Physical Silver Stock Revenue
| PSLV Stock | CAD 14.39 0.20 1.41% |
Sprott Physical Silver fundamentals help investors to digest information that contributes to Sprott Physical's financial success or failures. It also enables traders to predict the movement of Sprott Stock. The fundamental analysis module provides a way to measure Sprott Physical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sprott Physical stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | -47.4 M | -49.8 M |
Sprott | Revenue |
Sprott Physical Silver Company Revenue Analysis
Sprott Physical's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Sprott Physical Revenue | (47.43 M) |
Most of Sprott Physical's fundamental indicators, such as Revenue, 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 Physical Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sprott Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Sprott Physical is extremely important. It helps to project a fair market value of Sprott Stock properly, considering its historical fundamentals such as Revenue. Since Sprott Physical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sprott Physical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sprott Physical's interrelated accounts and indicators.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Sprott Total Revenue
Based on the latest financial disclosure, Sprott Physical Silver reported (47.43 Million) of revenue. This is 100.42% lower than that of the Capital Markets sector and 100.88% lower than that of the Financials industry. The revenue for all Canada stocks is 100.5% higher than that of the company.
Sprott Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprott Physical's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sprott Physical could also be used in its relative valuation, which is a method of valuing Sprott Physical by comparing valuation metrics of similar companies.Sprott Physical is currently under evaluation in revenue category among its peers.
Sprott Physical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sprott Physical from analyzing Sprott Physical's financial statements. These drivers represent accounts that assess Sprott Physical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sprott Physical's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 2.0B | 3.1B | 3.8B | 4.0B | 4.2B | |
| Enterprise Value | 1.0B | 2.0B | 3.1B | 3.7B | 4.0B | 4.2B |
Sprott Fundamentals
| Shares Outstanding | 483.13 M | |||
| Shares Owned By Institutions | 16.50 % | |||
| Number Of Shares Shorted | 94.79 K | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 3.46 X | |||
| Revenue | (47.43 M) | |||
| EBITDA | (53.53 M) | |||
| Net Income | (53.53 M) | |||
| Total Debt | 2.16 M | |||
| Cash Flow From Operations | (31.38 M) | |||
| Short Ratio | 0.81 X | |||
| Earnings Per Share | 0.31 X | |||
| Market Capitalization | 7.39 B | |||
| Total Asset | 4.07 B | |||
| Retained Earnings | (266.72 M) | |||
| Year To Date Return | 27.77 % | |||
| One Year Return | (21.53) % | |||
| Three Year Return | (14.34) % | |||
| Five Year Return | (8.89) % | |||
| Net Asset | 4.07 B | |||
| Cash Position Weight | 0.70 % |
About Sprott Physical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprott Physical Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprott Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprott Physical Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.Moving against Sprott Stock
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 Silver 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 Silver 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.