GraniteShares Platinum Valuation
| PLTM Etf | USD 8.99 0.01 0.11% |
At this time, the entity appears to be fairly valued. GraniteShares Platinum retains a regular Real Value of $9.13 per share. The prevalent price of the entity is $8.99. Our model calculates the value of GraniteShares Platinum from evaluating the entity fundamentals such as price to earning of 14.95 X, and Price To Book of 0.55 X as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that GraniteShares Platinum's price fluctuation is not too volatile at this time. Calculation of the real value of GraniteShares Platinum is based on 3 months time horizon. Increasing GraniteShares Platinum's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the GraniteShares etf is determined by what a typical buyer is willing to pay for full or partial control of GraniteShares Platinum Trust. Since GraniteShares Platinum is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares Platinum's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.99 | Real 9.13 | Hype 8.99 | Naive 9.23 |
The intrinsic value of GraniteShares Platinum's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GraniteShares Platinum's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GraniteShares Platinum Trust helps investors to forecast how GraniteShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of GraniteShares Platinum more accurately as focusing exclusively on GraniteShares Platinum's fundamentals will not take into account other important factors: About GraniteShares Platinum Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of GraniteShares Platinum Trust. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of GraniteShares Platinum based exclusively on its fundamental and basic technical indicators. By analyzing GraniteShares Platinum's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of GraniteShares Platinum's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares Platinum. We calculate exposure to GraniteShares Platinum's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares Platinum's related companies.The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in platinum. Graniteshares Platinum is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in GraniteShares Platinum Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.