Silver Finally Confirms Platinums Take
| PPLT Etf | USD 119.93 1.14 0.94% |
Slightly above 67% of Abrdn Physical's investor base is looking to short. The current sentiment regarding investing in abrdn Physical Platinum etf implies that many traders are alarmed. Abrdn Physical's investing sentiment can be driven by a variety of factors including economic data, Abrdn Physical's earnings reports, geopolitical events, and overall market trends.
Even if silver moves back up in a way later, the fact that silver moved below the support lines based on the intraday price extremes is already notable.
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Abrdn Physical Fundamental Analysis
We analyze Abrdn Physical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abrdn Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abrdn Physical based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Abrdn Physical is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
abrdn Physical Platinum Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Abrdn Physical etf to make a market-neutral strategy. Peer analysis of Abrdn Physical could also be used in its relative valuation, which is a method of valuing Abrdn Physical by comparing valuation metrics with similar companies.
Peers
Abrdn Physical Related Equities
| GDXJ | VanEck Junior | 2.94 | ||||
| SIVR | Abrdn Physical | 1.01 | ||||
| SGOL | Abrdn Physical | 0.06 | ||||
| PLTM | GraniteShares Platinum | 1.01 | ||||
| PALL | Abrdn Physical | 1.40 |
Check out Abrdn Physical Hype Analysis, Abrdn Physical Correlation and Abrdn Physical Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of abrdn Physical Platinum is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical'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 Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical'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 Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical'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.