Platinum Asia Investments Fund Price on December 2, 2022
| PAI Fund | USD 12.53 0.04 0.32% |
Below is the normalized historical share price chart for Platinum Asia Investments extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Platinum Asia stands at 12.53, as last reported on the 29th of November, with the highest price reaching 12.62 and the lowest price hitting 12.41 during the day.
If you're considering investing in Platinum Fund, it is important to understand the factors that can impact its price. Platinum Asia is very steady at the moment. Platinum Asia Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.0245, which implies the entity had a 0.0245% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platinum Asia Investments, which you can use to evaluate the volatility of the fund. Please check Platinum Asia's Semi Deviation of 0.655, risk adjusted performance of 0.018, and Coefficient Of Variation of 3834.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0158%.
Platinum Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Platinum |
Sharpe Ratio = 0.0245
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| Negative Returns | PAI |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Platinum Asia is performing at about 1% of its full potential. 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 Asia by adding it to a well-diversified portfolio.
Market Capitalization 123.3 M |
Platinum Asia Valuation on December 2, 2022
It is possible to determine the worth of Platinum Asia on a given historical date. On December 2, 2022 Platinum was worth 11.31 at the beginning of the trading date compared to the closed value of 11.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Asia fund. Still, in general, we apply an absolute valuation method to find Platinum Asia'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 Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Asia's related companies.
| Open | High | Low | Close | Volume | |
| 11.25 | 11.83 | 11.25 | 11.33 | 19,254 | |
12/02/2022 | 11.31 | 11.31 | 11.07 | 11.18 | 6,029 |
| 11.07 | 11.19 | 10.98 | 11.10 | 18,493 |
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Platinum Asia Trading Date Momentum on December 2, 2022
| On December 05 2022 Platinum Asia Investments was traded for 11.10 at the closing time. Highest Platinum Asia's price during the trading hours was 11.19 and the lowest price during the day was 10.98 . The net volume was 18.5 K. The overall trading history on the 5th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.72% . The trading delta at closing time to current price is 3.76% . |
Platinum Asia Investments Fundamentals Correlations and Trends
By evaluating Platinum Asia'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 Asia'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 Asia Fund history
Platinum Asia 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 Asia Investments 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 Asia stock prices may prove useful in developing a viable investing in Platinum Asia
Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.
Platinum Asia Fund Technical Analysis
Platinum Asia technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Platinum Asia Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Platinum Asia Investments cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Asia November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Platinum Asia fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Platinum Asia shares will generate the highest return on investment. By undertsting and applying Platinum Asia fund market strength indicators, traders can identify Platinum Asia Investments entry and exit signals to maximize returns
Platinum Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Platinum Asia's price direction in advance. Along with the technical and fundamental analysis of Platinum Fund 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.
| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.1092 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Platinum Fund
Platinum Asia financial ratios help investors to determine whether Platinum Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Platinum with respect to the benefits of owning Platinum Asia security.
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