Platinum Asia (Australia) Price on October 14, 2024
| PAI Stock | 1.02 0.01 0.99% |
Below is the normalized historical share price chart for Platinum Asia Investments extending back to September 16, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Platinum Asia stands at 1.02, as last reported on the 19th of December, with the highest price reaching 1.02 and the lowest price hitting 1.01 during the day.
If you're considering investing in Platinum Stock, it is important to understand the factors that can impact its price. Currently, Platinum Asia Investments is risky. Platinum Asia Investments maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platinum Asia Investments, which you can use to evaluate the volatility of the company. Please check Platinum Asia's Semi Deviation of 1.03, coefficient of variation of 859.28, and Risk Adjusted Performance of 0.0963 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Platinum Asia's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 441.1 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 384.4 M in 2024. . Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.9483 | 50 Day MA 1.0201 | Beta 0.421 |
Platinum |
Sharpe Ratio = 0.1056
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| Cash | PAI | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Platinum Asia is performing at about 8% of its full potential. 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 Platinum Asia by adding it to a well-diversified portfolio.
Price Book 0.9877 | Book Value 1.034 | Enterprise Value 16.8 M | Enterprise Value Ebitda 3.6125 | Price Sales 15.7841 |
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Platinum Asia Valuation on October 14, 2024
It is possible to determine the worth of Platinum Asia on a given historical date. On October 14, 2024 Platinum was worth 1.07 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Asia stock. Still, in general, we apply an absolute valuation method to find Platinum Asia'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 Platinum Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Asia's related companies.
| Open | High | Low | Close | Volume | |
| 1.07 | 1.07 | 1.05 | 1.06 | 326,819 | |
10/14/2024 | 1.07 | 1.07 | 1.05 | 1.06 | 371,810 |
| 1.07 | 1.07 | 1.07 | 1.07 | 100,002 |
| Backtest Platinum Asia | | | Platinum Asia History | | | Platinum Asia Valuation | Previous | Next |
Platinum Asia Trading Date Momentum on October 14, 2024
| On October 15 2024 Platinum Asia Investments was traded for 1.07 at the closing time. The maximum traded price for the trading interval was 1.07 and the lowest daily price was 1.07 . The daily volume was recorded at 100 K. The volume of trading on 15th of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the closing price today is 0.94% . |
Platinum Asia Investments Fundamentals Correlations and Trends
By evaluating Platinum Asia'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 Platinum Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Platinum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Platinum Asia Stock history
Platinum Asia 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 Platinum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Platinum Asia Investments 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 Platinum Asia stock prices may prove useful in developing a viable investing in Platinum Asia
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 369.9 M | 384.5 M | |
| Net Income Applicable To Common Shares | 5.2 M | 5 M |
Platinum Asia Stock Technical Analysis
Platinum Asia 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.
Price Boundaries
Platinum Asia Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Platinum Asia Investments cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Platinum Asia December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Platinum Asia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Platinum Asia shares will generate the highest return on investment. By undertsting and applying Platinum Asia stock market strength indicators, traders can identify Platinum Asia Investments entry and exit signals to maximize returns
Platinum Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Platinum Asia's price direction in advance. Along with the technical and fundamental analysis of Platinum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Platinum 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.
| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | 0.1361 | |||
| Total Risk Alpha | 0.1074 | |||
| Sortino Ratio | 0.0735 | |||
| Treynor Ratio | 1.34 |
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Additional Tools for Platinum Stock Analysis
When running Platinum Asia's price analysis, check to measure Platinum Asia'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 Platinum Asia is operating at the current time. Most of Platinum Asia's value examination focuses on studying past and present price action to predict the probability of Platinum Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Platinum Asia's price. Additionally, you may evaluate how the addition of Platinum Asia to your portfolios can decrease your overall portfolio volatility.