Platinum Investment (Germany) Market Value
| PIJ Stock | EUR 0.65 0.01 1.52% |
| Symbol | Platinum |
Platinum Investment '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 Platinum Investment'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 Platinum Investment.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Platinum Investment on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Platinum Investment Management or generate 0.0% return on investment in Platinum Investment over 30 days. Platinum Investment is related to or competes with Cass Information, Fidelity National, Boyd Gaming, HOCHSCHILD MINING, Penn National, GigaMedia, and Hyrican Informationssyst. Platinum Asset Management is a publicly owned hedge fund sponsor More
Platinum Investment 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 Platinum Investment'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 Platinum Investment Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.0598 | |||
| Maximum Drawdown | 19.52 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 3.7 |
Platinum Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Platinum Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Platinum Investment's standard deviation. In reality, there are many statistical measures that can use Platinum Investment historical prices to predict the future Platinum Investment's volatility.| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.1948 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.073 | |||
| Treynor Ratio | 0.3939 |
Platinum Investment Backtested Returns
Platinum Investment appears to be extremely 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 Coefficient Of Variation of 920.61, risk adjusted performance of 0.0904, and Semi Deviation of 1.39 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Platinum Investment holds a performance score of 8. The company holds a Beta of 0.71, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Platinum Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Platinum Investment is expected to be smaller as well. Please check Platinum Investment's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Platinum Investment's historical price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Platinum Investment Management has weak reverse predictability. Overlapping area represents the amount of predictability between Platinum Investment time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Platinum Investment price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Platinum Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Platinum Investment lagged returns against current returns
Autocorrelation, which is Platinum Investment 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 Platinum Investment's stock expected returns. We can calculate the autocorrelation of Platinum Investment returns to help us make a trade decision. For example, suppose you find that Platinum Investment 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 |
Platinum Investment 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 Platinum Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Platinum Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Platinum Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Platinum Investment Lagged Returns
When evaluating Platinum Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Platinum Investment stock have on its future price. Platinum Investment 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, Platinum Investment autocorrelation shows the relationship between Platinum Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Platinum Investment Management.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Platinum Stock
Platinum Investment financial ratios help investors to determine whether Platinum Stock 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 Investment security.