Sino Platinum (China) Price on February 23, 2024

600459 Stock   14.11  0.16  1.15%   
If you're considering investing in Sino Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sino Platinum stands at 14.11, as last reported on the 27th of December, with the highest price reaching 14.18 and the lowest price hitting 13.92 during the day. Sino Platinum Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.024, which indicates the firm had a -0.024% return per unit of risk over the last 3 months. Sino Platinum Metals Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sino Platinum's Variance of 3.52, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,160) to confirm the risk estimate we provide.
  
Sino Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.024

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sino Platinum is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sino Platinum by adding Sino Platinum to a well-diversified portfolio.

Sino Platinum Valuation on February 23, 2024

It is possible to determine the worth of Sino Platinum on a given historical date. On February 23, 2024 Sino was worth 13.56 at the beginning of the trading date compared to the closed value of 13.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sino Platinum stock. Still, in general, we apply an absolute valuation method to find Sino Platinum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sino Platinum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sino Platinum's related companies.
 Open High Low Close Volume
  13.50    13.61    13.38    13.57    3,564,432  
02/23/2024
  13.56    13.59    13.42    13.58    3,671,731  
  13.59    13.75    13.53    13.55    4,588,336  
Backtest Sino Platinum  |  Sino Platinum History  |  Sino Platinum Valuation   PreviousNext  
Open Value
13.56
13.58
Closing Value
19.19
Upside

Sino Platinum Trading Date Momentum on February 23, 2024

On February 26 2024 Sino Platinum Metals Co was traded for  13.55  at the closing time. The highest price during the trading period was 13.75  and the lowest recorded bid was listed for  13.53 . The volume for the day was 4.6 M. This history from February 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.22% . The trading price change to the current price is 4.71% .

Sino Platinum Metals Fundamentals Correlations and Trends

By evaluating Sino Platinum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sino Platinum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sino financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sino Platinum Stock history

Sino Platinum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sino is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sino Platinum Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sino Platinum stock prices may prove useful in developing a viable investing in Sino Platinum

Sino Platinum Stock Technical Analysis

Sino Platinum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sino Platinum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sino Platinum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sino Platinum Period Price Range

Low
December 27, 2024
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High

 0.00 

     

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Sino Platinum Metals Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sino Platinum December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Sino Platinum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sino Platinum shares will generate the highest return on investment. By undertsting and applying Sino Platinum stock market strength indicators, traders can identify Sino Platinum Metals Co entry and exit signals to maximize returns

Sino Platinum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sino Platinum's price direction in advance. Along with the technical and fundamental analysis of Sino Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sino to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Sino Stock analysis

When running Sino Platinum's price analysis, check to measure Sino Platinum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sino Platinum is operating at the current time. Most of Sino Platinum's value examination focuses on studying past and present price action to predict the probability of Sino Platinum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sino Platinum's price. Additionally, you may evaluate how the addition of Sino Platinum to your portfolios can decrease your overall portfolio volatility.
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