Platinum Asia (Australia) Manager Performance Evaluation
| PAXX Fund | 4.83 0.02 0.41% |
The fund holds a Beta of 0.0734, which implies not very significant fluctuations relative to the market. As returns on the market increase, Platinum Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Platinum Asia is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Platinum Asia has generated negative risk-adjusted returns adding no value to fund investors. In spite of comparatively stable basic indicators, Platinum Asia is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors.
...morePlatinum |
Platinum Asia Relative Risk vs. Return Landscape
If you would invest 494.00 in Platinum Asia on October 9, 2024 and sell it today you would lose (11.00) from holding Platinum Asia or give up 2.23% of portfolio value over 90 days. Platinum Asia is generating negative expected returns and assumes 0.9324% volatility on return distribution over the 90 days horizon. Simply put, 8% of funds are less volatile than Platinum, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Platinum Asia Current Valuation
Fairly Valued
Today
Please note that Platinum Asia's price fluctuation is very steady at this time. Platinum Asia holds a recent Real Value of USD4.09 per share. The prevailing price of the fund is USD4.83. Our model determines the value of Platinum Asia from analyzing the fund technical indicators and probability of bankruptcy. In general, investors support acquiring undervalued funds and selling overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Platinum Asia's intrinsic value may or may not be the same as its current market price of 4.83, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.83 | Real 4.09 | Hype 4.1 |
The intrinsic value of Platinum Asia's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Platinum Asia's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Platinum Asia helps investors to forecast how Platinum fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Platinum Asia more accurately as focusing exclusively on Platinum Asia's fundamentals will not take into account other important factors: Platinum Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Platinum Asia's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Platinum Asia, and traders can use it to determine the average amount a Platinum Asia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0344
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| Negative Returns | PAXX |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 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.
About Platinum Asia Performance
Assessing Platinum Asia's fundamental ratios provides investors with valuable insights into Platinum Asia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Platinum Asia is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Platinum Asia performance evaluation
Checking the ongoing alerts about Platinum Asia for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Platinum Asia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Platinum Asia generated a negative expected return over the last 90 days |
- Analyzing Platinum Asia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Platinum Asia's stock is overvalued or undervalued compared to its peers.
- Examining Platinum Asia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Platinum Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Platinum Asia's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Platinum Asia's fund. These opinions can provide insight into Platinum Asia's potential for growth and whether the stock is currently undervalued or overvalued.
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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