Graniteshares Platinum Trust Etf Analysis
| PLTM Etf | USD 8.90 0.09 1.02% |
GraniteShares Platinum Trust is overvalued with Real Value of 8.21 and Hype Value of 8.9. The main objective of GraniteShares Platinum etf analysis is to determine its intrinsic value, which is an estimate of what GraniteShares Platinum Trust is worth, separate from its market price. There are two main types of GraniteShares Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of GraniteShares Platinum Trust. On the other hand, technical analysis, focuses on the price and volume data of GraniteShares Etf to identify patterns and trends that may indicate its future price movements.
The GraniteShares Platinum etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. GraniteShares Platinum is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. GraniteShares Etf trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and GraniteShares Platinum's ongoing operational relationships across important fundamental and technical indicators.
GraniteShares |
GraniteShares Etf Analysis Notes
GraniteShares Platinum is is formed as Grantor Trust in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 2 constituents with avarage daily trading value of 71.9 K. The fund charges 0.5 percent management fee with a total expences of 0.5 percent of total asset. The fund maintains all of the assets in different exotic instruments. 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. To find out more about GraniteShares Platinum Trust contact the company at NA.GraniteShares Platinum Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. GraniteShares Platinum's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding GraniteShares Platinum Trust or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| GraniteShares Platinum generated a negative expected return over the last 90 days | |
| The fund created three year return of -10.0% | |
| GraniteShares Platinum maintains all of the assets in different exotic instruments |
GraniteShares Platinum Thematic Classifications
In addition to having GraniteShares Platinum etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Precious Metals ETFsUSA ETFs from Precious Metals clasification |
Technical Drivers
As of the 28th of April, GraniteShares Platinum retains the risk adjusted performance of (0.0009), and Market Risk Adjusted Performance of 0.122. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of GraniteShares Platinum Trust, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for GraniteShares Platinum, which can be compared to its competitors. Please check out GraniteShares Platinum market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if GraniteShares Platinum is priced fairly, providing market reflects its last-minute price of 8.9 per share.GraniteShares Platinum Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. GraniteShares Platinum middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for GraniteShares Platinum. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
GraniteShares Platinum Predictive Daily Indicators
GraniteShares Platinum intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GraniteShares Platinum etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
GraniteShares Platinum Forecast Models
GraniteShares Platinum's time-series forecasting models are one of many GraniteShares Platinum's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary GraniteShares Platinum'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 market movement and maximize returns from investment trading.About GraniteShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how GraniteShares Platinum prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GraniteShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as GraniteShares Platinum. By using and applying GraniteShares Etf analysis, traders can create a robust methodology for identifying GraniteShares entry and exit points for their positions.
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.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding GraniteShares Platinum to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.