Platinum Investment (Germany) Price on November 12, 2024
| PIJ Stock | EUR 0.64 0.01 1.54% |
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 Investment stands at 0.64, as last reported on the 1st of December, with the highest price reaching 0.64 and the lowest price hitting 0.64 during the day. Platinum Investment appears to be dangerous, given 3 months investment horizon. Platinum Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platinum Investment, which you can use to evaluate the volatility of the company. Please evaluate Platinum Investment's Semi Deviation of 1.3, coefficient of variation of 1094.1, and Risk Adjusted Performance of 0.0769 to confirm if our risk estimates are consistent with your expectations.
Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Platinum |
Sharpe Ratio = 0.1146
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Platinum Investment is performing at about 9% 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 Investment by adding it to a well-diversified portfolio.
Platinum Investment Valuation on November 12, 2024
It is possible to determine the worth of Platinum Investment on a given historical date. On November 12, 2024 Platinum was worth 0.71 at the beginning of the trading date compared to the closed value of 0.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Investment stock. Still, in general, we apply an absolute valuation method to find Platinum Investment'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 Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Investment's related companies.
| Open | High | Low | Close | Volume | |
| 0.72 | 0.72 | 0.72 | 0.72 | 1.00 | |
11/12/2024 | 0.71 | 0.71 | 0.71 | 0.71 | 1.00 |
| 0.69 | 0.69 | 0.69 | 0.69 | 1.00 |
| Backtest Platinum Investment | | | Platinum Investment History | | | Platinum Investment Valuation | Previous | Next |
Platinum Investment Trading Date Momentum on November 12, 2024
| On November 13 2024 Platinum Investment Management was traded for 0.69 at the closing time. The highest daily price throughout the period was 0.69 and the lowest price was 0.69 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.82% . The trading delta at closing time to current closing price is 8.45% . |
Platinum Investment Fundamentals Correlations and Trends
By evaluating Platinum Investment'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 Investment'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 Investment Stock history
Platinum Investment 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 Investment 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 Investment stock prices may prove useful in developing a viable investing in Platinum Investment
Platinum Asset Management is a publicly owned hedge fund sponsor. Platinum Asset Management was founded in February 1994 and is based in Sydney, Australia. PLATINUM ASSET operates under Asset Management classification in Germany and is traded on Frankfurt Stock Exchange.
Platinum Investment Stock Technical Analysis
Platinum Investment 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.
Price Boundaries
Platinum Investment Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Platinum Investment Management 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 Investment December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Platinum Investment 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 Investment shares will generate the highest return on investment. By undertsting and applying Platinum Investment stock market strength indicators, traders can identify Platinum Investment Management entry and exit signals to maximize returns
Platinum Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Platinum Investment'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.
| Risk Adjusted Performance | 0.0769 | |||
| Jensen Alpha | 0.1406 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0457 | |||
| Treynor Ratio | 0.3459 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Platinum Stock analysis
When running Platinum Investment's price analysis, check to measure Platinum Investment'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 Investment is operating at the current time. Most of Platinum Investment's value examination focuses on studying past and present price action to predict the probability of Platinum Investment'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 Investment's price. Additionally, you may evaluate how the addition of Platinum Investment to your portfolios can decrease your overall portfolio volatility.
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