Platinum Group (Germany) Price on April 24, 2024

P6MB Stock  EUR 1.26  0.01  0.79%   
If you're considering investing in Platinum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Platinum Group stands at 1.26, as last reported on the 21st of January, with the highest price reaching 1.26 and the lowest price hitting 1.26 during the day. Platinum Group Metals maintains Sharpe Ratio (i.e., Efficiency) of -0.0966, which implies the firm had a -0.0966 % return per unit of risk over the last 3 months. Platinum Group Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Platinum Group's insignificant Risk Adjusted Performance, variance of 28.49, and Coefficient Of Variation of (8,236) to confirm the risk estimate we provide.
  
Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0966

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Estimated Market Risk

 5.0
  actual daily
44
56% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Platinum Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Platinum Group by adding Platinum Group to a well-diversified portfolio.

Platinum Group Valuation on April 24, 2024

It is possible to determine the worth of Platinum Group on a given historical date. On April 24, 2024 Platinum was worth 1.22 at the beginning of the trading date compared to the closed value of 1.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Group stock. Still, in general, we apply an absolute valuation method to find Platinum Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Platinum Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Group's related companies.
 Open High Low Close Volume
  1.23    1.23    1.23    1.23    200.00  
04/24/2024
  1.22    1.22    1.22    1.22    200.00  
  1.21    1.21    1.21    1.21    1.00  
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Open Value
1.22
1.22
Closing Value
16.20
Upside

Platinum Group Trading Date Momentum on April 24, 2024

On April 25 2024 Platinum Group Metals was traded for  1.21  at the closing time. The maximum traded price for the trading interval was 1.21  and the lowest daily price was  1.21 . There was no trading activity during the period 1.0. Lack of trading volume on 25th of April 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.82% . The trading delta at closing time to the closing price today is 1.64% .

Platinum Group Metals Fundamentals Correlations and Trends

By evaluating Platinum Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Platinum Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Platinum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Platinum Group Stock history

Platinum Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Platinum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Platinum Group Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Platinum Group stock prices may prove useful in developing a viable investing in Platinum Group
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. Platinum Group Metals Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada. PLATINUM GROUP operates under Other Precious Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.

Platinum Group Stock Technical Analysis

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.
A focus of Platinum Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Platinum Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Platinum Group Period Price Range

Low
January 21, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Platinum Group Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Platinum Group January 21, 2025 Market Strength

Market strength 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 undertsting and applying Platinum Group stock market strength indicators, traders can identify Platinum Group Metals entry and exit signals to maximize returns

Platinum Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Platinum Group's price direction in advance. Along with the technical and fundamental analysis of Platinum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Platinum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Platinum Stock analysis

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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