Platinum Group Metals Stock Price on January 17, 2024

PTM Stock  CAD 2.12  0.05  2.30%   
Below is the normalized historical share price chart for Platinum Group Metals extending back to June 18, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Platinum Group stands at 2.12, as last reported on the 11th of December 2024, with the highest price reaching 2.17 and the lowest price hitting 2.11 during the day.
200 Day MA
2.0584
50 Day MA
2.3312
Beta
1.874
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Platinum Stock, it is important to understand the factors that can impact its price. Platinum Group appears to be dangerous, given 3 months investment horizon. Platinum Group Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.0714, which implies the firm had a 0.0714% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platinum Group Metals, which you can use to evaluate the volatility of the company. Please evaluate Platinum Group's Risk Adjusted Performance of 0.097, semi deviation of 3.42, and Coefficient Of Variation of 816.1 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Platinum Group's Common Stock Shares Outstanding is very stable compared to the past year. As of the 11th of December 2024, Other Stockholder Equity is likely to grow to about 46.1 M, while Total Stockholder Equity is likely to drop about 28.1 M. . At this time, Platinum Group's Price Book Value Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.53, while Price To Sales Ratio is likely to drop 19.81. Platinum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0714

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Estimated Market Risk

 4.84
  actual daily
43
57% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Platinum Group is performing at about 5% of its full potential. 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 Group by adding it to a well-diversified portfolio.
Price Book
5.8882
Book Value
0.243
Enterprise Value
218 M
Enterprise Value Ebitda
(30.76)
Shares Float
75.2 M

Platinum Group Valuation on January 17, 2024

It is possible to determine the worth of Platinum Group on a given historical date. On January 17, 2024 Platinum was worth 1.48 at the beginning of the trading date compared to the closed value of 1.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Platinum Group stock. Still, in general, we apply an absolute valuation method to find Platinum Group'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 Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Platinum Group's related companies.
 Open High Low Close Volume
  1.51    1.51    1.40    1.44    48,400  
01/17/2024
  1.48    1.48    1.36    1.43    23,800  
  1.41    1.41    1.39    1.41    10,800  
Backtest Platinum Group  |  Platinum Group History  |  Platinum Group Valuation   PreviousNext  
Open Value
1.48
1.43
Closing Value
16.00
Upside

Platinum Group Trading Date Momentum on January 17, 2024

On January 18 2024 Platinum Group Metals was traded for  1.41  at the closing time. The maximum traded price for the trading interval was 1.41  and the lowest daily price was  1.39 . The daily volume was recorded at 10.8 K. The volume of trading on 18th of January 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.40% . The trading delta at closing time to the closing price today is 0.70% .

Platinum Group Metals Fundamentals Correlations and Trends

By evaluating Platinum Group'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 Group'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 Group Stock history

Platinum Group 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 Metals 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 Group stock prices may prove useful in developing a viable investing in Platinum Group
Last ReportedProjected for Next Year
Common Stock Shares Outstanding114.9 M120.7 M
Net Loss-9.5 M-10 M

Platinum Group Stock Technical Analysis

Platinum Group 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 Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Platinum Group 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 Group Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Platinum Group Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Group December 11, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Platinum Group'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.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.