Platinum (Thailand) Price on November 8, 2024
PLAT Stock | THB 2.20 0.08 3.51% |
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 2.20, as last reported on the 27th of December, with the highest price reaching 2.26 and the lowest price hitting 2.20 during the day. Platinum Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0317, which implies the firm had a -0.0317% return per unit of risk over the last 3 months. Platinum Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Platinum's Coefficient Of Variation of (2,321), variance of 4.06, and Market Risk Adjusted Performance of 1.48 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.
Platinum |
Sharpe Ratio = -0.0317
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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 November 8, 2024
It is possible to determine the worth of Platinum on a given historical date. On November 8, 2024 Platinum was worth 2.18 at the beginning of the trading date compared to the closed value of 2.2. 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 | |
2.18 | 2.18 | 2.16 | 2.18 | 91,000 | |
11/08/2024 | 2.18 | 2.20 | 2.16 | 2.20 | 240,101 |
2.20 | 2.24 | 2.20 | 2.20 | 533,600 |
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Platinum Trading Date Momentum on November 8, 2024
On November 11 2024 The Platinum Group was traded for 2.20 at the closing time. The highest price during the trading period was 2.24 and the lowest recorded bid was listed for 2.20 . The volume for the day was 533.6 K. This history from November 11, 2024 did not result in any price rise and fall. The trading price change to the current price is 11.82% . |
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.
Price Boundaries
Platinum Period Price Range
Low | December 27, 2024
| 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 27, 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | 1.47 |
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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.