Platinum (Thailand) Price on March 26, 2023

PLAT Stock  THB 2.22  0.02  0.91%   
If you're considering investing in Platinum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Platinum stands at 2.22, as last reported on the 30th of December, with the highest price reaching 2.26 and the lowest price hitting 2.22 during the day. Platinum Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0313, which implies the firm had a -0.0313% return per unit of risk over the last 3 months. Platinum Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Platinum's Variance of 4.35, coefficient of variation of (3,194), and Market Risk Adjusted Performance of (0.28) to confirm the risk estimate we provide.
  
Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0313

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.07
  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 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 by adding Platinum to a well-diversified portfolio.

Platinum Valuation on March 26, 2023

It is possible to determine the worth of Platinum on a given historical date. On March 26, 2023 Platinum was worth 3.72 at the beginning of the trading date compared to the closed value of 3.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum stock. Still, in general, we apply an absolute valuation method to find Platinum'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum's related companies.
 Open High Low Close Volume
  3.66    3.74    3.64    3.68    4,610,800  
03/24/2023
  3.72    3.76    3.66    3.70    2,599,906  
  3.68    3.72    3.62    3.64    2,829,760  
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Open Value
3.72
3.7
Closing Value
9.98
Upside

Platinum Trading Date Momentum on March 26, 2023

On March 27 2023 The Platinum Group was traded for  3.64  at the closing time. The highest price during the trading period was 3.72  and the lowest recorded bid was listed for  3.62 . The volume for the day was 2.8 M. This history from March 27, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.62% . The trading price change to the current price is 1.08% .

Platinum Group Fundamentals Correlations and Trends

By evaluating Platinum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Platinum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Platinum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Platinum Stock history

Platinum 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 Group 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 stock prices may prove useful in developing a viable investing in Platinum
The Platinum Group Public Company Limited engages in the real estate development business in Thailand. The Platinum Group Public Company Limited was founded in 2002 and is based in Bangkok, Thailand. THE PLATINUM operates under Real Estate Services classification in Thailand and is traded on Stock Exchange of Thailand.

Platinum Stock Technical Analysis

Platinum technical stock 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, stock market cycles, or different charting patterns.
A focus of Platinum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Platinum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Platinum Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

The Platinum Group cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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 December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Platinum 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 shares will generate the highest return on investment. By undertsting and applying Platinum stock market strength indicators, traders can identify The Platinum Group entry and exit signals to maximize returns

Platinum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Platinum's price direction in advance. Along with the technical and fundamental analysis of Platinum Stock 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.

Other Information on Investing in Platinum Stock

Platinum financial ratios help investors to determine whether Platinum Stock 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 security.