Platinum Asset (Australia) Price on June 28, 2023
| PTM Stock | 1.06 0.01 0.95% |
Below is the normalized historical share price chart for Platinum Asset Management extending back to May 22, 2007. 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 Asset stands at 1.06, as last reported on the 29th of November, with the highest price reaching 1.06 and the lowest price hitting 1.03 during the day.
If you're considering investing in Platinum Stock, it is important to understand the factors that can impact its price. Platinum Asset appears to be very risky, given 3 months investment horizon. Platinum Asset Management maintains Sharpe Ratio (i.e., Efficiency) of 0.0911, which implies the firm had a 0.0911% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platinum Asset Management, which you can use to evaluate the volatility of the company. Please evaluate Platinum Asset's Risk Adjusted Performance of 0.0439, semi deviation of 1.68, and Coefficient Of Variation of 2065.03 to confirm if our risk estimates are consistent with your expectations.
At this time, Platinum Asset's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 637.5 M in 2024, whereas Treasury Stock is likely to drop (34.5 M) in 2024. . Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2007 | 200 Day MA 1.0911 | 50 Day MA 1.1661 | Beta 1.162 |
Platinum |
Sharpe Ratio = 0.0911
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PTM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Platinum Asset is performing at about 7% 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 Asset by adding it to a well-diversified portfolio.
Price Book 1.9453 | Enterprise Value Ebitda 6.0748 | Price Sales 3.3134 | Shares Float 344.4 M | Dividend Share 0.1 |
Platinum Asset Valuation on June 28, 2023
It is possible to determine the worth of Platinum Asset on a given historical date. On June 28, 2023 Platinum was worth 1.48 at the beginning of the trading date compared to the closed value of 1.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Asset stock. Still, in general, we apply an absolute valuation method to find Platinum Asset'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 Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Asset's related companies.
| Open | High | Low | Close | Volume | |
| 1.47 | 1.47 | 1.45 | 1.47 | 1,279,735 | |
06/28/2023 | 1.48 | 1.52 | 1.46 | 1.52 | 2,574,663 |
| 1.49 | 1.52 | 1.49 | 1.52 | 834,010 |
| Backtest Platinum Asset | | | Platinum Asset History | | | Platinum Asset Valuation | Previous | Next |
Platinum Asset Trading Date Momentum on June 28, 2023
| On June 29 2023 Platinum Asset Management was traded for 1.52 at the closing time. The maximum traded price for the trading interval was 1.52 and the lowest daily price was 1.49 . The daily volume was recorded at 834 K. The volume of trading on 29th of June 2023 did not cause price change. The trading delta at closing time to the closing price today is 7.89% . |
Platinum Asset Management Fundamentals Correlations and Trends
By evaluating Platinum Asset'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 Asset'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 Asset Stock history
Platinum Asset 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 Asset Management 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 Asset stock prices may prove useful in developing a viable investing in Platinum Asset
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 578 M | 637.5 M | |
| Net Income Applicable To Common Shares | 72.8 M | 123.4 M |
Platinum Asset Quarterly Net Working Capital |
|
Platinum Asset Stock Technical Analysis
Platinum Asset 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 Asset Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Platinum Asset Management cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 Asset November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Platinum Asset 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 Asset shares will generate the highest return on investment. By undertsting and applying Platinum Asset stock market strength indicators, traders can identify Platinum Asset Management entry and exit signals to maximize returns
Platinum Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Platinum Asset'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 | 0.0439 | |||
| Jensen Alpha | 0.065 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2937 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Platinum Stock Analysis
When running Platinum Asset's price analysis, check to measure Platinum Asset'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 Asset is operating at the current time. Most of Platinum Asset's value examination focuses on studying past and present price action to predict the probability of Platinum Asset'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 Asset's price. Additionally, you may evaluate how the addition of Platinum Asset to your portfolios can decrease your overall portfolio volatility.