Platinum Asia (Australia) Price on January 7, 2025
| PAXX Fund | 4.78 0.02 0.42% |
Below is the normalized historical share price chart for Platinum Asia extending back to September 12, 2017. 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 4.78, as last reported on the 9th of January, with the highest price reaching 4.80 and the lowest price hitting 4.78 during the day.
If you're considering investing in Platinum Fund, it is important to understand the factors that can impact its price. Platinum Asia maintains Sharpe Ratio (i.e., Efficiency) of -0.0458, which implies the entity had a -0.0458% return per unit of risk over the last 3 months. Platinum Asia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Platinum Asia's Coefficient Of Variation of (1,281), variance of 1.07, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Platinum Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Platinum |
Sharpe Ratio = -0.0458
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PAXX |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Platinum Asia 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 Platinum Asia by adding Platinum Asia to a well-diversified portfolio.
Platinum Asia Valuation on January 7, 2025
It is possible to determine the worth of Platinum Asia on a given historical date. On January 7, 2025 Platinum was worth 4.84 at the beginning of the trading date compared to the closed value of 4.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Asia fund. 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 | |
| 4.83 | 4.85 | 4.83 | 4.83 | 20,223 | |
01/07/2025 | 4.84 | 4.85 | 4.78 | 4.80 | 20,279 |
| 4.80 | 4.81 | 4.76 | 4.78 | 13,493 |
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Platinum Asia Trading Date Momentum on January 7, 2025
| On January 08 2025 Platinum Asia was traded for 4.78 at the closing time. The highest price during the trading period was 4.81 and the lowest recorded bid was listed for 4.76 . The volume for the day was 13.5 K. This history from January 8, 2025 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.42% . The trading delta at closing time to the current price is 0.42% . |
About Platinum Asia Fund 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 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
Platinum Asia Fund Technical Analysis
Platinum Asia technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Platinum Asia Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Platinum Asia 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 January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Platinum Asia fund 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 fund market strength indicators, traders can identify Platinum Asia 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 Fund 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 | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.5603 |
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| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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