Platinum Group Stock Forecast - Accumulation Distribution
| PLG Stock | USD 1.62 0.12 6.90% |
Platinum Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Platinum Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Platinum |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 25314.18 | 0.1 |
| Check Platinum Group Volatility | Backtest Platinum Group | Information Ratio |
Platinum Group Trading Date Momentum
| On November 28 2024 Platinum Group Metals was traded for 1.62 at the closing time. Highest Platinum Group's price during the trading hours was 1.75 and the lowest price during the day was 1.57 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of November did not cause price change. The trading delta at closing time to current price is 8.02% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Platinum Group to competition |
Other Forecasting Options for Platinum Group
For every potential investor in Platinum, whether a beginner or expert, Platinum Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Platinum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Platinum. Basic forecasting techniques help filter out the noise by identifying Platinum Group's price trends.Platinum Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Platinum Group stock to make a market-neutral strategy. Peer analysis of Platinum Group could also be used in its relative valuation, which is a method of valuing Platinum Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Platinum Group Metals Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Platinum Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Platinum Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Platinum Group Market Strength Events
Market strength indicators help investors to evaluate how Platinum Group 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 Group shares will generate the highest return on investment. By undertsting and applying Platinum Group stock market strength indicators, traders can identify Platinum Group Metals entry and exit signals to maximize returns.
Platinum Group Risk Indicators
The analysis of Platinum Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Platinum Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting platinum stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.98 | |||
| Semi Deviation | 4.02 | |||
| Standard Deviation | 5.15 | |||
| Variance | 26.52 | |||
| Downside Variance | 18.63 | |||
| Semi Variance | 16.16 | |||
| Expected Short fall | (4.71) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Platinum Group to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Platinum Group. If investors know Platinum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Return On Assets (0.11) | Return On Equity (0.12) |
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group'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 Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group'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 Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group'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.