Overall market sentiment has been high on Sprott Physical Gold and Silver Trust (CEF) stock lately. CEF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Sprott Physical Gold and Silver Trust has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CEF!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CEF Stock Today?
Sprott Physical Gold and Silver Trust (CEF) stock has gained 0.94% while the S&P 500 is lower by -0.1% as of 3:10 PM on Friday, Dec 9. CEF has risen $0.16 from the previous closing price of $17.59 on volume of 73,452 shares. Over the past year the S&P 500 has fallen -15.77% while CEF has risen 2.66%. CEF lost -$0.35 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Sprott Physical Gold and Silver Trust click here.
More About Sprott Physical Gold and Silver Trust
Sprott Physical Gold and Silver Trust is a closed-end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment.
Click Here to get the full Stock Report for Sprott Physical Gold and Silver Trust stock.