Abrdn Physical Financial Statements From 2010 to 2024
| PPLT Etf | USD 88.24 0.09 0.10% |
Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Check Abrdn Physical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abrdn Physical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Abrdn financial statements analysis is a perfect complement when working with Abrdn Physical Valuation or Volatility modules.
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abrdn Physical Platinum ETF Beta Analysis
Abrdn Physical's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Abrdn Physical Beta | 0.36 |
Most of Abrdn Physical's fundamental indicators, such as Beta, 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, abrdn Physical Platinum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, abrdn Physical Platinum has a Beta of 0.36. This is much higher than that of the Aberdeen Standard Investments family and significantly higher than that of the Commodities Focused category. The beta for all United States etfs is notably lower than that of the firm.
About Abrdn Physical Financial Statements
Abrdn 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 Abrdn Physical investors may analyze each financial statement separately, they are all interrelated. The changes in Abrdn Physical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Abrdn Physical's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund designed for investors who want a cost-effective and convenient way to invest in platinum with minimal credit risk. Physical Platinum is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Abrdn Physical Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of abrdn Physical Platinum is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.