Abrdn Physical Platinum Etf Total Asset
PPLT Etf | USD 85.91 0.29 0.34% |
abrdn Physical Platinum fundamentals help investors to digest information that contributes to Abrdn Physical's financial success or failures. It also enables traders to predict the movement of Abrdn Etf. The fundamental analysis module provides a way to measure Abrdn Physical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Abrdn Physical etf.
Abrdn |
abrdn Physical Platinum ETF Total Asset Analysis
Abrdn Physical's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Abrdn Physical Total Asset | 920.33 M |
Most of Abrdn Physical's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, abrdn Physical Platinum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition |
Based on the latest financial disclosure, abrdn Physical Platinum has a Total Asset of 920.33 M. This is much higher than that of the Aberdeen Standard Investments family and significantly higher than that of the Commodities Focused category. The total asset for all United States etfs is notably lower than that of the firm.
Abrdn Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abrdn Physical's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Abrdn Physical could also be used in its relative valuation, which is a method of valuing Abrdn Physical by comparing valuation metrics of similar companies.Abrdn Physical is currently under evaluation in total asset as compared to similar ETFs.
Abrdn Fundamentals
Number Of Employees | 150 | |||
Beta | 0.32 | |||
Total Asset | 920.33 M | |||
One Year Return | 3.50 % | |||
Three Year Return | (1.00) % | |||
Five Year Return | 0.10 % | |||
Ten Year Return | (3.20) % | |||
Net Asset | 920.33 M |
About Abrdn Physical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze abrdn Physical Platinum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abrdn Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of abrdn Physical Platinum based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out Abrdn Physical Piotroski F Score and Abrdn Physical Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of abrdn Physical Platinum is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical'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 Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical'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 Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical'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.