Graniteshares Platinum Trust Etf Profile

PLTM Etf  USD 8.84  0.10  1.14%   

Performance

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Odds Of Distress

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GraniteShares Platinum is selling at 8.84 as of the 28th of March 2024; that is 1.14 percent increase since the beginning of the trading day. The etf's lowest day price was 8.77. GraniteShares Platinum has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for GraniteShares Platinum Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 28th of March 2024. Click here to learn more.
The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in platinum. Graniteshares Platinum is traded on NYSEARCA Exchange in the United States. More on GraniteShares Platinum Trust

Moving against GraniteShares Etf

  0.42EOI Eaton Vance EnhancedPairCorr

GraniteShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GraniteShares Platinum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GraniteShares Platinum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaPrecious Metals ETFs (View all Themes)
Old NameETFS Platinum ETC
Business ConcentrationPrecious Metals ETFs, Commodities Focused, Graniteshares (View all Sectors)
IssuerGraniteShares
Inception Date2018-01-22
BenchmarkPlatinum - London PM Fix
Entity TypeGrantor Trust
Average Trading Valume37,413.8
Asset TypeCommodities
CategoryPrecious Metals
FocusPlatinum
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorGraniteShares Advisors LLC
CustodianICBC Standard Bank Plc
DistributorForeside Fund Services, LLC
Portfolio ManagerBenoit Autier
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents2.0
Market MakerJane Street
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D(9.02)
NameGraniteShares Platinum Trust
Currency CodeUSD
Open FigiBBG00JRYLN55
In Threey Volatility19.67
1y Volatility22.69
200 Day M A8.9604
50 Day M A8.7727
CodePLTM
Updated At27th of March 2024
Currency NameUS Dollar
GraniteShares Platinum Trust [PLTM] is traded in USA and was established 2018-01-22. The fund is listed under Commodities Focused category and is part of Graniteshares family. The entity is thematically classified as Precious Metals ETFs. GraniteShares Platinum at this time have 39.67 M in assets. , while the total return for the last 3 years was -8.8%.
Check GraniteShares Platinum Probability Of Bankruptcy

GraniteShares Platinum Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GraniteShares Platinum market risk premium is the additional return an investor will receive from holding GraniteShares Platinum long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares Platinum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GraniteShares Platinum's alpha and beta are two of the key measurements used to evaluate GraniteShares Platinum's performance over the market, the standard measures of volatility play an important role as well.

GraniteShares Platinum Against Markets

Picking the right benchmark for GraniteShares Platinum etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GraniteShares Platinum etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GraniteShares Platinum is critical whether you are bullish or bearish towards GraniteShares Platinum Trust at a given time. Please also check how GraniteShares Platinum's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GraniteShares Platinum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy GraniteShares Etf?

Before investing in GraniteShares Platinum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GraniteShares Platinum. To buy GraniteShares Platinum etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GraniteShares Platinum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GraniteShares Platinum etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GraniteShares Platinum Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GraniteShares Platinum Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as GraniteShares Platinum Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GraniteShares Etf please use our How to Invest in GraniteShares Platinum guide.

Already Invested in GraniteShares Platinum Trust?

The danger of trading GraniteShares Platinum Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GraniteShares Platinum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GraniteShares Platinum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GraniteShares Platinum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GraniteShares Platinum is a strong investment it is important to analyze GraniteShares Platinum'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 GraniteShares Platinum's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in GraniteShares Platinum Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running GraniteShares Platinum's price analysis, check to measure GraniteShares Platinum'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 GraniteShares Platinum is operating at the current time. Most of GraniteShares Platinum's value examination focuses on studying past and present price action to predict the probability of GraniteShares Platinum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GraniteShares Platinum's price. Additionally, you may evaluate how the addition of GraniteShares Platinum to your portfolios can decrease your overall portfolio volatility.
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The market value of GraniteShares Platinum is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Platinum's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Platinum'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 GraniteShares Platinum's market value can be influenced by many factors that don't directly affect GraniteShares Platinum'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 GraniteShares Platinum's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Platinum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Platinum'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.