Platinum Investment Price To Book vs. Shares Outstanding
| PIJ Stock | EUR 0.64 0.01 1.54% |
For Platinum Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Platinum Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Platinum Investment Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Platinum Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Platinum Investment Management over time as well as its relative position and ranking within its peers.
Platinum |
Platinum Investment Shares Outstanding vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Platinum Investment's current stock value. Our valuation model uses many indicators to compare Platinum Investment value to that of its competitors to determine the firm's financial worth. Platinum Investment Management is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 190,529,675 of Shares Outstanding per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Platinum Investment's earnings, one of the primary drivers of an investment's value.Platinum Shares Outstanding vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Platinum Investment |
| = | 3.08 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Platinum Investment |
| = | 586.68 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Platinum Shares Outstanding Comparison
Platinum Investment is currently under evaluation in shares outstanding category among its peers.
Platinum Investment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Platinum Investment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Platinum Investment will eventually generate negative long term returns. The profitability progress is the general direction of Platinum Investment's change in net profit over the period of time. It can combine multiple indicators of Platinum Investment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Platinum Investment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Platinum Investment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Platinum Investment's important profitability drivers and their relationship over time.
Use Platinum Investment in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Platinum Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Platinum Investment will appreciate offsetting losses from the drop in the long position's value.Platinum Investment Pair Trading
Platinum Investment Management Pair Trading Analysis
The ability to find closely correlated positions to Platinum Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Platinum Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Platinum Investment Management to buy it.
The correlation of Platinum Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Platinum Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Platinum Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Platinum Investment position
In addition to having Platinum Investment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Dividend Yield ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Platinum Stock
To fully project Platinum Investment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Platinum Investment at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Platinum Investment's income statement, its balance sheet, and the statement of cash flows.