Platinum Group Metals Stock Alpha and Beta Analysis

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
1.57
Alpha
0.0401
Risk
5.03
Sharpe Ratio
0.0381
Expected Return
0.19
Please note that although Platinum Group alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Platinum Group did 0.04  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Platinum Group Metals stock's relative risk over its benchmark. Platinum Group Metals has a beta of 1.57  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Platinum Group will likely underperform. .
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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

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.
α0.04   β1.57

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
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29th of February 2024
Next Fiscal Quarter End
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Other Tools for Platinum Stock

When running Platinum Group's price analysis, check to measure Platinum Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Platinum Group is operating at the current time. Most of Platinum Group's value examination focuses on studying past and present price action to predict the probability of Platinum Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Platinum Group's price. Additionally, you may evaluate how the addition of Platinum Group to your portfolios can decrease your overall portfolio volatility.
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