GraniteShares Platinum Etf Forecast - Information Ratio
| PLTM Etf | USD 9.21 0.22 2.45% |
GraniteShares Etf Forecast is based on your current time horizon.
GraniteShares |
| Check GraniteShares Platinum Volatility | Backtest GraniteShares Platinum | Information Ratio |
GraniteShares Platinum Trading Date Momentum
| On November 29 2024 GraniteShares Platinum Trust was traded for 9.21 at the closing time. The top price for the day was 9.22 and the lowest listed price was 9.10 . The trading volume for the day was 44.1 K. The trading history from November 29, 2024 did not cause price change. The overall trading delta against the current closing price is 1.19% . |
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Other Forecasting Options for GraniteShares Platinum
For every potential investor in GraniteShares, whether a beginner or expert, GraniteShares Platinum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GraniteShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GraniteShares. Basic forecasting techniques help filter out the noise by identifying GraniteShares Platinum's price trends.GraniteShares Platinum Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GraniteShares Platinum etf to make a market-neutral strategy. Peer analysis of GraniteShares Platinum could also be used in its relative valuation, which is a method of valuing GraniteShares Platinum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GraniteShares Platinum Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of GraniteShares Platinum's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of GraniteShares Platinum's current price.| Cycle Indicators | ||
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GraniteShares Platinum Market Strength Events
Market strength indicators help investors to evaluate how GraniteShares Platinum etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GraniteShares Platinum shares will generate the highest return on investment. By undertsting and applying GraniteShares Platinum etf market strength indicators, traders can identify GraniteShares Platinum Trust entry and exit signals to maximize returns.
| Accumulation Distribution | 574.01 | |||
| Daily Balance Of Power | 1.833333 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 9.16 | |||
| Day Typical Price | 9.18 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.22 |
GraniteShares Platinum Risk Indicators
The analysis of GraniteShares Platinum's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in GraniteShares Platinum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting graniteshares etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.27 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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The market value of GraniteShares Platinum is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Platinum's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Platinum'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 GraniteShares Platinum's market value can be influenced by many factors that don't directly affect GraniteShares Platinum'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 GraniteShares Platinum's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Platinum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Platinum'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.