Graniteshares Platinum Trust Etf Profile
| PLTM Etf | USD 9.49 0.03 0.32% |
PerformanceModest
| Odds Of DistressLow
|
GraniteShares Platinum is selling at 9.49 as of the 24th of March 2025; that is 0.32 percent down since the beginning of the trading day. The etf's lowest day price was 9.42. GraniteShares Platinum has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 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
| 0.87 | GLD | SPDR Gold Shares | PairCorr |
| 0.87 | IAU | iShares Gold Trust | PairCorr |
| 0.9 | SLV | iShares Silver Trust | PairCorr |
| 0.87 | GLDM | SPDR Gold MiniShares | PairCorr |
| 0.87 | SGOL | abrdn Physical Gold | PairCorr |
Moving against GraniteShares Etf
GraniteShares Etf Highlights
| Thematic Idea | Precious Metals ETFs (View all Themes) |
| Old Name | ETFS Platinum ETC |
| Business Concentration | Precious Metals ETFs, Commodities Focused, Graniteshares (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2018-01-22 |
| Benchmark | Platinum - London PM Fix |
| Entity Type | Grantor Trust |
| Asset Under Management | 49.44 Million |
| Average Trading Valume | 80,827.4 |
| Asset Type | Commodities |
| Category | Precious Metals |
| Focus | Platinum |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | GraniteShares Advisors LLC |
| Custodian | ICBC Standard Bank Plc |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Benoit Autier |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Trustee | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 2.0 |
| Market Maker | Jane Street |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 8.02 |
| Name | GraniteShares Platinum Trust |
| Currency Code | USD |
| Open Figi | BBG00JRYLN55 |
| In Threey Volatility | 20.1 |
| 1y Volatility | 18.18 |
| 200 Day M A | 9.3591 |
| 50 Day M A | 9.374 |
| Code | PLTM |
| Updated At | 24th of March 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 -2.1%.
Check GraniteShares Platinum Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GraniteShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GraniteShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as GraniteShares Platinum Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top GraniteShares Platinum Trust Etf Constituents
| Physical Platinum Bullion | 100% |
| Platnium Index | 100% |
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.
| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.0941 | |||
| Total Risk Alpha | 0.1688 | |||
| Sortino Ratio | 0.1328 |
GraniteShares Platinum Against Markets
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.