Platinum Asia (Australia) Probability of Future Fund Price Finishing Under 4.09

PAXX Fund   4.82  0.05  1.03%   
Platinum Asia's future price is the expected price of Platinum Asia instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Platinum Asia performance during a given time horizon utilizing its historical volatility. Check out Platinum Asia Backtesting, Portfolio Optimization, Platinum Asia Correlation, Platinum Asia Hype Analysis, Platinum Asia Volatility, Platinum Asia History as well as Platinum Asia Performance.
  
Please specify Platinum Asia's target price for which you would like Platinum Asia odds to be computed.

Platinum Asia Target Price Odds to finish below 4.09

The tendency of Platinum Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to  4.09  or more in 90 days
 4.82 90 days 4.09 
near 1
Based on a normal probability distribution, the odds of Platinum Asia to drop to  4.09  or more in 90 days from now is near 1 (This Platinum Asia probability density function shows the probability of Platinum Fund to fall within a particular range of prices over 90 days) . Probability of Platinum Asia price to stay between  4.09  and its current price of 4.82 at the end of the 90-day period is about 49.96 .
Assuming the 90 days trading horizon Platinum Asia has a beta of 0.16 indicating as returns on the market go up, Platinum Asia average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Platinum Asia will be expected to be much smaller as well. Additionally Platinum Asia has an alpha of 0.0149, implying that it can generate a 0.0149 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Platinum Asia Price Density   
       Price  

Predictive Modules for Platinum Asia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Platinum Asia. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
3.924.825.72
Details
Intrinsic
Valuation
LowRealHigh
3.924.825.72
Details
Naive
Forecast
LowNextHigh
4.125.025.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.704.834.95
Details

Platinum Asia Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Platinum Asia is not an exception. The market had few large corrections towards the Platinum Asia's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Platinum Asia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Platinum Asia within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones0.16
σ
Overall volatility
0.08
Ir
Information ratio -0.007

Platinum Asia Technical Analysis

Platinum Asia's future price can be derived by breaking down and analyzing its technical indicators over time. Platinum Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Platinum Asia. In general, you should focus on analyzing Platinum Fund price patterns and their correlations with different microeconomic environments and drivers.

Platinum Asia Predictive Forecast Models

Platinum Asia's time-series forecasting models is one of many Platinum Asia's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Platinum Asia's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Platinum Asia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Platinum Asia's short interest history, or implied volatility extrapolated from Platinum Asia options trading.

Other Information on Investing in Platinum Fund

Platinum Asia financial ratios help investors to determine whether Platinum Fund 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 Asia security.
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