Sprott Physical Market Capitalization vs. Shares Outstanding
| PSLV Stock | CAD 14.52 0.13 0.90% |
Sprott Physical Market Cap |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.82 | 1.4593 |
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| Net Profit Margin | 0.81 | 1.1288 |
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| Operating Profit Margin | 0.81 | 1.1289 |
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| Pretax Profit Margin | 0.81 | 1.1288 |
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For Sprott Physical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sprott Physical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sprott Physical Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sprott Physical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sprott Physical Silver over time as well as its relative position and ranking within its peers.
Sprott |
Sprott Physical Silver Shares Outstanding vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Physical's current stock value. Our valuation model uses many indicators to compare Sprott Physical value to that of its competitors to determine the firm's financial worth. Sprott Physical Silver is considered to be number one stock in market capitalization category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 0.06 of Shares Outstanding per Market Capitalization. The ratio of Market Capitalization to Shares Outstanding for Sprott Physical Silver is roughly 15.40 . At this time, Sprott Physical's Market Cap is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Sprott Physical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sprott Physical's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sprott Market Capitalization vs. Competition
Sprott Physical Silver is considered to be number one stock in market capitalization category among its peers. Market capitalization of Financials industry is at this time estimated at about 21.33 Billion. Sprott Physical totals roughly 7.44 Billion in market capitalization claiming about 35% of equities under Financials industry.
Sprott Shares Outstanding vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sprott Physical |
| = | 7.44 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Sprott Physical |
| = | 483.13 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Sprott Shares Outstanding Comparison
Sprott Physical is currently under evaluation in shares outstanding category among its peers.
Sprott Physical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sprott Physical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sprott Physical will eventually generate negative long term returns. The profitability progress is the general direction of Sprott Physical's change in net profit over the period of time. It can combine multiple indicators of Sprott Physical, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -53.5 M | -56.2 M | |
| Income Before Tax | -53.5 M | -56.2 M | |
| Total Other Income Expense Net | -48.2 M | -45.8 M | |
| Net Loss | -53.5 M | -56.2 M | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Net Loss | -53.5 M | -50.9 M | |
| Interest Income | 5.8 K | 6 K | |
| Net Loss | -494.6 M | -469.8 M | |
| Net Loss | (0.11) | (0.11) | |
| Income Quality | 0.59 | 0.62 | |
| Net Income Per E B T | 0.90 | 0.80 |
Sprott Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sprott Physical. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sprott Physical position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sprott Physical's important profitability drivers and their relationship over time.
Use Sprott Physical in pair-trading
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.Sprott Physical Pair Trading
Sprott Physical Silver Pair Trading Analysis
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.Use Investing Themes to Complement your Sprott Physical position
In addition to having Sprott Physical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
To fully project Sprott Physical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sprott Physical Silver at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sprott Physical's income statement, its balance sheet, and the statement of cash flows.