Graniteshares Platinum Trust Etf Price Prediction
| PLTM Etf | USD 8.99 0.01 0.11% |
Oversold Vs Overbought
37
Oversold | Overbought |
Using GraniteShares Platinum hype-based prediction, you can estimate the value of GraniteShares Platinum Trust from the perspective of GraniteShares Platinum response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in GraniteShares Platinum to buy its etf at a price that has no basis in reality. In that case, they are not buying GraniteShares because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
GraniteShares Platinum after-hype prediction price | USD 8.99 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
GraniteShares |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GraniteShares Platinum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GraniteShares Platinum After-Hype Price Prediction Density Analysis
As far as predicting the price of GraniteShares Platinum at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in GraniteShares Platinum or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of GraniteShares Platinum, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
GraniteShares Platinum Estimiated After-Hype Price Volatility
In the context of predicting GraniteShares Platinum's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on GraniteShares Platinum's historical news coverage. GraniteShares Platinum's after-hype downside and upside margins for the prediction period are 7.49 and 10.49, respectively. We have considered GraniteShares Platinum's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
GraniteShares Platinum is not too volatile at this time. Analysis and calculation of next after-hype price of GraniteShares Platinum is based on 3 months time horizon.
GraniteShares Platinum Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as GraniteShares Platinum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GraniteShares Platinum backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with GraniteShares Platinum, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 1.50 | 0.00 | 0.01 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
8.99 | 8.99 | 0.00 |
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GraniteShares Platinum Hype Timeline
GraniteShares Platinum is at this time traded for 8.99. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. GraniteShares is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.05%. %. The volatility of related hype on GraniteShares Platinum is about 949.37%, with the expected price after the next announcement by competition of 9.00. The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. GraniteShares Platinum had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 5 days. Check out GraniteShares Platinum Basic Forecasting Models to cross-verify your projections.GraniteShares Platinum Related Hype Analysis
Having access to credible news sources related to GraniteShares Platinum's direct competition is more important than ever and may enhance your ability to predict GraniteShares Platinum's future price movements. Getting to know how GraniteShares Platinum's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how GraniteShares Platinum may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PGM | Barclays Capital | 0.00 | 0 per month | 0.00 | (0.17) | 1.48 | (2.47) | 6.66 | |
| PPLT | abrdn Physical Platinum | 0.60 | 6 per month | 0.00 | (0.11) | 2.43 | (2.53) | 6.58 | |
| PALL | abrdn Physical Palladium | 0.00 | 0 per month | 2.48 | (0.03) | 3.95 | (3.48) | 13.91 | |
| SPPP | Sprott Physical Platinum | 0.11 | 1 per month | 0.00 | (0.07) | 2.95 | (2.98) | 7.58 | |
| BAR | GraniteShares Gold Trust | 0.08 | 5 per month | 1.02 | (0.06) | 1.47 | (1.49) | 4.84 |
GraniteShares Platinum Additional Predictive Modules
Most predictive techniques to examine GraniteShares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for GraniteShares using various technical indicators. When you analyze GraniteShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About GraniteShares Platinum Predictive Indicators
The successful prediction of GraniteShares Platinum stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as GraniteShares Platinum Trust, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of GraniteShares Platinum based on analysis of GraniteShares Platinum hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to GraniteShares Platinum's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to GraniteShares Platinum's related companies.
Story Coverage note for GraniteShares Platinum
The number of cover stories for GraniteShares Platinum depends on current market conditions and GraniteShares Platinum's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that GraniteShares Platinum is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about GraniteShares Platinum's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out GraniteShares Platinum Basic Forecasting Models to cross-verify your projections. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of GraniteShares Platinum is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Platinum's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Platinum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GraniteShares Platinum's market value can be influenced by many factors that don't directly affect GraniteShares Platinum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GraniteShares Platinum's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Platinum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Platinum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.