Platinum Group Metals Stock Alpha and Beta Analysis
| PLG Stock | USD 1.62 0.12 6.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Platinum Group Metals. It also helps investors analyze the systematic and unsystematic risks associated with investing in Platinum Group over a specified time horizon. Remember, high Platinum Group's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Platinum Group's market risk premium analysis include:
Beta 0.58 | Alpha 0.33 | Risk 5.06 | Sharpe Ratio 0.12 | Expected Return 0.63 |
Platinum Group Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Platinum |
Platinum Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Platinum Group market risk premium is the additional return an investor will receive from holding Platinum Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Platinum Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Platinum Group's performance over market.| α | 0.33 | β | 0.58 |
Platinum Group expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Platinum Group's Buy-and-hold return. Our buy-and-hold chart shows how Platinum Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Platinum Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Platinum Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Platinum Group shares will generate the highest return on investment. By understating and applying Platinum Group stock market price indicators, traders can identify Platinum Group position entry and exit signals to maximize returns.
Platinum Group Return and Market Media
The median price of Platinum Group for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.55 with a coefficient of variation of 15.36. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 1.56, and mean deviation of 0.19. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | How gold prices may react to the upcoming Fed decision | 09/17/2024 |
2 | Titanium Dioxide Market is expected to generate a revenue of USD 25. Billion by 2031, Globally, at 6.40 percent CAGR Verified Market Research | 09/24/2024 |
3 | Platinum Group Metals Ltd. Files Waterberg Independent Definitive Feasibility Study Update Technical Report | 10/09/2024 |
4 | ProductLife Group Acquires Halloran to Further Expand Its Global Reach and Capabilities to Support the Development of New Therapies | 10/17/2024 |
5 | ProductLife Group Acquires Callisto to Strengthen Regulatory Services in the UK and EU | 10/30/2024 |
6 | Kopernik Global Investors, LLC Acquires New Stake in Platinum Group Metals Ltd | 11/05/2024 |
7 | West Vault Announces Resignation and Appointment of Director | 11/21/2024 |
8 | Platinum Group Metals Ltd. Reports 2024 Annual Results | 11/27/2024 |
About Platinum Group Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Platinum or other stocks. Alpha measures the amount that position in Platinum Group Metals has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Graham Number | 0.66 | 0.63 | Receivables Turnover | 0.0935 | 0.08 |
Platinum Group Upcoming Company Events
As portrayed in its financial statements, the presentation of Platinum Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Platinum Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Platinum Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Platinum Group. Please utilize our Beneish M Score to check the likelihood of Platinum Group's management manipulating its earnings.
| 10th of April 2024 Upcoming Quarterly Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View |
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Check out Platinum Group Backtesting, Platinum Group Valuation, Platinum Group Correlation, Platinum Group Hype Analysis, Platinum Group Volatility, Platinum Group History and analyze Platinum Group Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Platinum Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.