Graniteshares Platinum Trust Etf Profile

PLTM Etf  USD 9.36  0.02  0.21%   

Performance

Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
GraniteShares Platinum is selling at 9.36 as of the 26th of February 2025; that is 0.21 percent up since the beginning of the trading day. The etf's lowest day price was 9.26. GraniteShares Platinum has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
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. More on GraniteShares Platinum Trust

Moving together with GraniteShares Etf

  0.84GLD SPDR Gold SharesPairCorr
  0.85IAU iShares Gold TrustPairCorr
  0.78SLV iShares Silver TrustPairCorr
  0.84GLDM SPDR Gold MiniSharesPairCorr
  0.74SGOL abrdn Physical GoldPairCorr

Moving against GraniteShares Etf

  0.4FNGD MicroSectors FANG Index TrendingPairCorr
  0.34VXX iPath Series B Low VolatilityPairCorr

GraniteShares Etf Highlights

Thematic IdeaPrecious Metals ETFs (View all Themes)
Old NameETFS Platinum ETC
Business ConcentrationPrecious Metals ETFs, Commodities Focused, Graniteshares (View all Sectors)
IssuerGraniteShares
Inception Date2018-01-22
BenchmarkPlatinum - London PM Fix
Entity TypeGrantor Trust
Asset Under Management50.87 Million
Average Trading Valume88,691.2
Asset TypeCommodities
CategoryPrecious Metals
FocusPlatinum
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorGraniteShares Advisors LLC
CustodianICBC Standard Bank Plc
DistributorForeside Fund Services, LLC
Portfolio ManagerBenoit Autier
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents2.0
Market MakerJane Street
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D6.26
NameGraniteShares Platinum Trust
Currency CodeUSD
Open FigiBBG00JRYLN55
In Threey Volatility20.15
1y Volatility18.37
200 Day M A9.414
50 Day M A9.2056
CodePLTM
Updated At25th of February 2025
GraniteShares Platinum Trust [PLTM] is traded in USA and was established 2018-01-22. The fund is listed under Commodities Focused category and is part of Graniteshares family. The entity is thematically classified as Precious Metals ETFs. GraniteShares Platinum at this time have 39.67 M in assets. , while the total return for the last 3 years was -3.4%.
Check GraniteShares Platinum Probability Of Bankruptcy

GraniteShares Platinum Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares Platinum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

GraniteShares Platinum Against Markets

When determining whether GraniteShares Platinum is a strong investment it is important to analyze GraniteShares Platinum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares Platinum's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.