Eastern Platinum's market value is the price at which a share of Eastern Platinum trades on a public exchange. It measures the collective expectations of Eastern Platinum Limited investors about its performance. Eastern Platinum is trading at 160.00 as of the 26th of February 2025, a 1.27 percent increase since the beginning of the trading day. The stock's lowest day price was 160.0. With this module, you can estimate the performance of a buy and hold strategy of Eastern Platinum Limited and determine expected loss or profit from investing in Eastern Platinum over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Symbol
Eastern
Eastern Platinum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eastern Platinum's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eastern Platinum.
0.00
01/27/2025
No Change 0.00
0.0
In 31 days
02/26/2025
0.00
If you would invest 0.00 in Eastern Platinum on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Eastern Platinum Limited or generate 0.0% return on investment in Eastern Platinum over 30 days.
Eastern Platinum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eastern Platinum's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eastern Platinum Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastern Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastern Platinum's standard deviation. In reality, there are many statistical measures that can use Eastern Platinum historical prices to predict the future Eastern Platinum's volatility.
At this point, Eastern Platinum is very steady. Eastern Platinum secures Sharpe Ratio (or Efficiency) of 0.0258, which denotes the company had a 0.0258 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Eastern Platinum Limited, which you can use to evaluate the volatility of the firm. Please confirm Eastern Platinum's Mean Deviation of 2.32, variance of 32.7, and Standard Deviation of 5.72 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Eastern Platinum has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eastern Platinum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eastern Platinum is expected to be smaller as well. Eastern Platinum right now shows a risk of 5.12%. Please confirm Eastern Platinum daily balance of power, price action indicator, and the relationship between the skewness and day median price , to decide if Eastern Platinum will be following its price patterns.
Auto-correlation
-0.81
Excellent reverse predictability
Eastern Platinum Limited has excellent reverse predictability. Overlapping area represents the amount of predictability between Eastern Platinum time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eastern Platinum price movement. The serial correlation of -0.81 indicates that around 81.0% of current Eastern Platinum price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.81
Spearman Rank Test
-0.28
Residual Average
0.0
Price Variance
281.36
Eastern Platinum lagged returns against current returns
Autocorrelation, which is Eastern Platinum stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eastern Platinum's stock expected returns. We can calculate the autocorrelation of Eastern Platinum returns to help us make a trade decision. For example, suppose you find that Eastern Platinum has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Eastern Platinum regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eastern Platinum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastern Platinum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastern Platinum stock over time.
Current vs Lagged Prices
Timeline
Eastern Platinum Lagged Returns
When evaluating Eastern Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastern Platinum stock have on its future price. Eastern Platinum autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eastern Platinum autocorrelation shows the relationship between Eastern Platinum stock current value and its past values and can show if there is a momentum factor associated with investing in Eastern Platinum Limited.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.