Platinum Asset (Australia) Probability of Future Stock Price Finishing Over 0.84
| PTM Stock | 0.70 0.03 4.48% |
Platinum |
Platinum Asset Target Price Odds to finish over 0.84
The tendency of Platinum Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 0.84 or more in 90 days |
| 0.70 | 90 days | 0.84 | about 50.0 |
Based on a normal probability distribution, the odds of Platinum Asset to move over 0.84 or more in 90 days from now is about 50.0 (This Platinum Asset Management probability density function shows the probability of Platinum Stock to fall within a particular range of prices over 90 days) . Probability of Platinum Asset Management price to stay between its current price of 0.70 and 0.84 at the end of the 90-day period is about 41.92 .
Assuming the 90 days trading horizon Platinum Asset has a beta of 0.46 indicating as returns on the market go up, Platinum Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Platinum Asset Management will be expected to be much smaller as well. Additionally Platinum Asset Management has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Platinum Asset Price Density |
| Price |
Predictive Modules for Platinum Asset
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Platinum Asset Management. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Platinum Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Platinum Asset is not an exception. The market had few large corrections towards the Platinum Asset's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Platinum Asset Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Platinum Asset within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.1 |
Platinum Asset Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Platinum Asset for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Platinum Asset Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Platinum Asset generated a negative expected return over the last 90 days | |
| Platinum Asset has some characteristics of a very speculative penny stock | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Platinum Asset Management Announces Year-End Dividend - MSN |
Platinum Asset Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Platinum Stock often depends not only on the future outlook of the current and potential Platinum Asset's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Platinum Asset's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 578 M | |
| Cash And Short Term Investments | 250.3 M |
Platinum Asset Technical Analysis
Platinum Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Platinum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Platinum Asset Management. In general, you should focus on analyzing Platinum Stock price patterns and their correlations with different microeconomic environments and drivers.
Platinum Asset Predictive Forecast Models
Platinum Asset's time-series forecasting models is one of many Platinum Asset's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Platinum Asset's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Platinum Asset Management
Checking the ongoing alerts about Platinum Asset for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Platinum Asset Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Platinum Asset generated a negative expected return over the last 90 days | |
| Platinum Asset has some characteristics of a very speculative penny stock | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Platinum Asset Management Announces Year-End Dividend - MSN |
Additional Tools for Platinum Stock Analysis
When running Platinum Asset's price analysis, check to measure Platinum Asset'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 Asset is operating at the current time. Most of Platinum Asset's value examination focuses on studying past and present price action to predict the probability of Platinum Asset'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 Asset's price. Additionally, you may evaluate how the addition of Platinum Asset to your portfolios can decrease your overall portfolio volatility.