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PTM (Platinum) Stock Analysis
Buy, Hold or Sell?

Let's analyze Platinum together

I guess you are interested in Platinum Asset Management Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Platinum’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Platinum’s Price Targets

I'm going to help you getting a better view of Platinum Asset Management Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Platinum (30 sec.)










1.2. What can you expect buying and holding a share of Platinum? (30 sec.)

How much money do you get?

How much money do you get?
A$0.33
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$0.54
Expected worth in 1 year
A$0.46
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$0.42
Return On Investment
89.2%

For what price can you sell your share?

Current Price per Share
A$0.47
Expected price per share
A$0 - A$0.545
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Platinum (5 min.)




Live pricePrice per Share (EOD)
A$0.47
Intrinsic Value Per Share
A$-0.12 - A$1.30
Total Value Per Share
A$0.42 - A$1.85

2.2. Growth of Platinum (5 min.)




Is Platinum growing?

Current yearPrevious yearGrowGrow %
How rich?$204.3m$212.6m-$8.2m-4.0%

How much money is Platinum making?

Current yearPrevious yearGrowGrow %
Making money$29m$52.1m-$23.1m-79.7%
Net Profit Margin24.3%38.3%--

How much money comes from the company's main activities?

2.3. Financial Health of Platinum (5 min.)




2.4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#382 / 684

Most Revenue
#168 / 684

Most Profit
#218 / 684

Most Efficient
#441 / 684
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Platinum?

Welcome investor! Platinum's management wants to use your money to grow the business. In return you get a share of Platinum.

First you should know what it really means to hold a share of Platinum. And how you can make/lose money.

Speculation

The Price per Share of Platinum is A$0.47. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Platinum.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Platinum, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.54. Based on the TTM, the Book Value Change Per Share is A$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Platinum.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.0510.6%0.0510.6%0.0919.1%0.0817.9%0.1225.7%0.1735.1%
Usd Book Value Change Per Share-0.01-3.0%-0.01-3.0%0.011.4%-0.01-1.9%0.00-0.2%-0.01-1.3%
Usd Dividend Per Share0.0817.4%0.0817.4%0.0918.9%0.1022.1%0.1327.0%0.1837.4%
Usd Total Gains Per Share0.0714.4%0.0714.4%0.1020.4%0.0920.2%0.1326.8%0.1736.0%
Usd Price Per Share0.67-0.67-1.12-0.97-1.70-2.69-
Price to Earnings Ratio13.45-13.45-12.53-11.99-13.49-15.50-
Price-to-Total Gains Ratio9.92-9.92-11.73-10.30-12.65-16.19-
Price to Book Ratio1.91-1.91-3.07-2.71-4.66-7.01-
Price-to-Total Gains Ratio9.92-9.92-11.73-10.30-12.65-16.19-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.303244
Number of shares3297
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.080.13
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share0.070.13
Gains per Quarter (3297 shares)223.08415.00
Gains per Year (3297 shares)892.301,660.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11078-1868821671-111650
22157-37217743342-223310
33235-55826665013-334970
44314-74435586684-446630
55392-93044508355-558290
66470-1117534210026-669950
77549-1303623411697-7711610
88627-1489712613368-8713270
99706-1675801815039-9814930
1010784-1861891016709-10916590

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%11.07.00.061.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Platinum Asset Management Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.022-0.0220%0.010-311%-0.014-35%-0.001-94%-0.010-56%
Book Value Per Share--0.5440.5440%0.566-4%0.555-2%0.560-3%0.585-7%
Current Ratio--23.27923.2790%12.931+80%16.343+42%13.568+72%14.203+64%
Debt To Asset Ratio--0.0850.0850%0.070+22%0.079+7%0.091-7%0.077+10%
Debt To Equity Ratio--0.0940.0940%0.075+24%0.086+9%0.101-7%0.086+8%
Dividend Per Share--0.1270.1270%0.138-8%0.161-21%0.196-35%0.272-53%
Enterprise Value--826329655.040826329655.0400%1174305538.240-30%1054028311.813-22%1692867710.694-51%2628652470.779-69%
Eps--0.0770.0770%0.139-44%0.130-41%0.188-59%0.256-70%
Ev To Ebitda Ratio--10.69310.6930%10.006+7%9.209+16%10.548+1%11.863-10%
Ev To Sales Ratio--4.4644.4640%5.563-20%4.849-8%6.700-33%8.685-49%
Free Cash Flow Per Share--0.1340.1340%0.143-6%0.162-17%0.197-32%0.247-46%
Free Cash Flow To Equity Per Share---0.013-0.0130%-0.013+3%-0.019+47%-0.016+21%0.010-231%
Gross Profit Margin---0.426-0.4260%0.903-147%0.469-191%0.666-164%0.817-152%
Intrinsic Value_10Y_max--1.304----------
Intrinsic Value_10Y_min---0.121----------
Intrinsic Value_1Y_max--0.222----------
Intrinsic Value_1Y_min--0.120----------
Intrinsic Value_3Y_max--0.598----------
Intrinsic Value_3Y_min--0.247----------
Intrinsic Value_5Y_max--0.889----------
Intrinsic Value_5Y_min--0.251----------
Market Cap273618478.720-121%605453655.040605453655.0400%1012970538.240-40%877200311.813-31%1533250710.694-61%2431198170.779-75%
Net Profit Margin--0.2430.2430%0.383-37%0.340-29%0.431-44%0.500-51%
Operating Margin--0.4010.4010%0.543-26%0.528-24%0.614-35%0.709-44%
Operating Ratio--0.5430.5430%0.457+19%0.453+20%0.375+45%0.284+91%
Pb Ratio0.864-121%1.9111.9110%3.074-38%2.706-29%4.659-59%7.015-73%
Pe Ratio6.079-121%13.45113.4510%12.529+7%11.988+12%13.4910%15.501-13%
Price Per Share0.470-121%1.0401.0400%1.740-40%1.507-31%2.632-60%4.164-75%
Price To Free Cash Flow Ratio3.504-121%7.7547.7540%12.205-36%9.411-18%12.647-39%15.952-51%
Price To Total Gains Ratio4.482-121%9.9179.9170%11.726-15%10.301-4%12.648-22%16.189-39%
Quick Ratio--34.22334.2230%18.776+82%23.739+44%18.884+81%19.722+74%
Return On Assets--0.1300.1300%0.228-43%0.215-40%0.301-57%0.401-68%
Return On Equity--0.1430.1430%0.246-42%0.234-39%0.334-57%0.450-68%
Total Gains Per Share--0.1050.1050%0.148-29%0.147-29%0.195-46%0.262-60%
Usd Book Value--204398714.800204398714.8000%212613401.200-4%208589718.933-2%210447335.760-3%220112367.240-7%
Usd Book Value Change Per Share---0.014-0.0140%0.007-311%-0.009-35%-0.001-94%-0.006-56%
Usd Book Value Per Share--0.3510.3510%0.365-4%0.358-2%0.361-3%0.377-7%
Usd Dividend Per Share--0.0820.0820%0.089-8%0.104-21%0.127-35%0.176-53%
Usd Enterprise Value--533147893.432533147893.4320%757661933.272-30%680059066.782-22%1092238246.940-51%1696006574.147-69%
Usd Eps--0.0500.0500%0.090-44%0.084-41%0.121-59%0.165-70%
Usd Free Cash Flow--50377861.20050377861.2000%53547728.800-6%60974841.067-17%73882626.240-32%92872991.400-46%
Usd Free Cash Flow Per Share--0.0870.0870%0.092-6%0.105-17%0.127-32%0.159-46%
Usd Free Cash Flow To Equity Per Share---0.008-0.0080%-0.009+3%-0.012+47%-0.010+21%0.006-231%
Usd Market Cap176538642.470-121%390638698.232390638698.2320%653568591.272-40%565969641.182-31%989253358.540-61%1568609059.787-75%
Usd Price Per Share0.303-121%0.6710.6710%1.123-40%0.972-31%1.698-60%2.687-75%
Usd Profit--29041097.20029041097.2000%52172807.600-44%48899062.800-41%70486293.440-59%96515016.360-70%
Usd Revenue--119444585.600119444585.6000%136198494.000-12%140473804.267-15%156868379.280-24%185941671.960-36%
Usd Total Gains Per Share--0.0680.0680%0.096-29%0.095-29%0.126-46%0.169-60%
 EOD+4 -4MRQTTM+0 -0YOY+8 -323Y+8 -325Y+11 -2910Y+6 -34

3.3 Fundamental Score

Let's check the fundamental score of Platinum Asset Management Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.079
Price to Book Ratio (EOD)Between0-10.864
Net Profit Margin (MRQ)Greater than00.243
Operating Margin (MRQ)Greater than00.401
Quick Ratio (MRQ)Greater than134.223
Current Ratio (MRQ)Greater than123.279
Debt to Asset Ratio (MRQ)Less than10.085
Debt to Equity Ratio (MRQ)Less than10.094
Return on Equity (MRQ)Greater than0.150.143
Return on Assets (MRQ)Greater than0.050.130
Total9/10 (90.0%)

3.4 Technical Score

Let's check the technical score of Platinum Asset Management Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5028.073
Ma 20Greater thanMa 500.535
Ma 50Greater thanMa 1000.564
Ma 100Greater thanMa 2000.590
OpenGreater thanClose0.480
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Platinum Asset Management Ltd

Platinum Investment Management Limited is a publicly owned hedge fund sponsor. It primarily provides its services to pooled investment vehicles, pension and profit sharing plans, corporations. The firm is a large advisory firm which provides portfolio management for pooled investment vehicles, portfolio management for businesses or institutional clients. The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm also manages equity portfolios. It invests in derivatives, cash, shares, government bonds, and real estate. It employs bottom-up stock selection methodology to create its portfolio. The firm obtains external research to complement its in-house research. The firm was formerly known as Platinum Asset Management Ltd. Platinum Investment Management Limited is based in Sydney, Commonwealth of Australia.

Fundamental data was last updated by Penke on 2025-06-17 03:15:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Platinum earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Platinum to theΒ Asset Management industry mean.
  • A Net Profit Margin of 24.3%Β means thatΒ $0.24 for each $1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Platinum Asset Management Ltd:

  • The MRQ is 24.3%. The company is making a huge profit. +2
  • The TTM is 24.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ24.3%TTM24.3%0.0%
TTM24.3%YOY38.3%-14.0%
TTM24.3%5Y43.1%-18.8%
5Y43.1%10Y50.0%-6.9%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ24.3%55.2%-30.9%
TTM24.3%55.9%-31.6%
YOY38.3%56.1%-17.8%
3Y34.0%58.1%-24.1%
5Y43.1%63.7%-20.6%
10Y50.0%58.3%-8.3%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Platinum is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Platinum to theΒ Asset Management industry mean.
  • 13.0% Return on Assets means thatΒ Platinum generatedΒ $0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Platinum Asset Management Ltd:

  • The MRQ is 13.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 13.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ13.0%TTM13.0%0.0%
TTM13.0%YOY22.8%-9.8%
TTM13.0%5Y30.1%-17.1%
5Y30.1%10Y40.1%-10.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ13.0%1.9%+11.1%
TTM13.0%1.9%+11.1%
YOY22.8%1.4%+21.4%
3Y21.5%0.9%+20.6%
5Y30.1%1.8%+28.3%
10Y40.1%2.0%+38.1%
4.3.1.3. Return on Equity

Shows how efficient Platinum is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Platinum to theΒ Asset Management industry mean.
  • 14.3% Return on Equity means Platinum generated $0.14Β for eachΒ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Platinum Asset Management Ltd:

  • The MRQ is 14.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.3%TTM14.3%0.0%
TTM14.3%YOY24.6%-10.3%
TTM14.3%5Y33.4%-19.0%
5Y33.4%10Y45.0%-11.6%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ14.3%3.3%+11.0%
TTM14.3%3.3%+11.0%
YOY24.6%2.7%+21.9%
3Y23.4%1.8%+21.6%
5Y33.4%3.1%+30.3%
10Y45.0%3.2%+41.8%
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4.3.2. Operating Efficiency of Platinum Asset Management Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Platinum is operatingΒ .

  • Measures how much profit Platinum makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Platinum to theΒ Asset Management industry mean.
  • An Operating Margin of 40.1%Β means the company generated $0.40 Β for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Platinum Asset Management Ltd:

  • The MRQ is 40.1%. The company is operating very efficient. +2
  • The TTM is 40.1%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ40.1%TTM40.1%0.0%
TTM40.1%YOY54.3%-14.2%
TTM40.1%5Y61.4%-21.3%
5Y61.4%10Y70.9%-9.6%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ40.1%50.7%-10.6%
TTM40.1%41.0%-0.9%
YOY54.3%75.0%-20.7%
3Y52.8%51.8%+1.0%
5Y61.4%61.2%+0.2%
10Y70.9%57.8%+13.1%
4.3.2.2. Operating Ratio

Measures how efficient Platinum is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Asset Management industry mean).
  • An Operation Ratio of 0.54 means that the operating costs are $0.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Platinum Asset Management Ltd:

  • The MRQ is 0.543. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.543. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.543TTM0.5430.000
TTM0.543YOY0.457+0.086
TTM0.5435Y0.375+0.168
5Y0.37510Y0.284+0.091
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5430.537+0.006
TTM0.5430.515+0.028
YOY0.4570.593-0.136
3Y0.4530.563-0.110
5Y0.3750.517-0.142
10Y0.2840.557-0.273
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4.4.3. Liquidity of Platinum Asset Management Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Platinum is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Asset Management industry mean).
  • A Current Ratio of 23.28Β means the company has $23.28 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Platinum Asset Management Ltd:

  • The MRQ is 23.279. The company is very able to pay all its short-term debts. +2
  • The TTM is 23.279. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ23.279TTM23.2790.000
TTM23.279YOY12.931+10.348
TTM23.2795Y13.568+9.711
5Y13.56810Y14.203-0.636
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ23.2792.929+20.350
TTM23.2792.787+20.492
YOY12.9313.314+9.617
3Y16.3433.856+12.487
5Y13.5684.805+8.763
10Y14.2037.356+6.847
4.4.3.2. Quick Ratio

Measures if Platinum is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Platinum to theΒ Asset Management industry mean.
  • A Quick Ratio of 34.22Β means the company can pay off $34.22 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Platinum Asset Management Ltd:

  • The MRQ is 34.223. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 34.223. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ34.223TTM34.2230.000
TTM34.223YOY18.776+15.447
TTM34.2235Y18.884+15.339
5Y18.88410Y19.722-0.838
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ34.2232.152+32.071
TTM34.2232.282+31.941
YOY18.7763.539+15.237
3Y23.7394.828+18.911
5Y18.8845.974+12.910
10Y19.7228.734+10.988
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4.5.4. Solvency of Platinum Asset Management Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of PlatinumΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Platinum to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.08Β means that Platinum assets areΒ financed with 8.5% credit (debt) and the remaining percentage (100% - 8.5%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Platinum Asset Management Ltd:

  • The MRQ is 0.085. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.085. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.085TTM0.0850.000
TTM0.085YOY0.070+0.015
TTM0.0855Y0.091-0.006
5Y0.09110Y0.077+0.014
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0850.190-0.105
TTM0.0850.189-0.104
YOY0.0700.181-0.111
3Y0.0790.180-0.101
5Y0.0910.191-0.100
10Y0.0770.185-0.108
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Platinum is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Platinum to theΒ Asset Management industry mean.
  • A Debt to Equity ratio of 9.4% means that company has $0.09 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Platinum Asset Management Ltd:

  • The MRQ is 0.094. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.094. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.094TTM0.0940.000
TTM0.094YOY0.075+0.018
TTM0.0945Y0.101-0.007
5Y0.10110Y0.086+0.014
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0940.235-0.141
TTM0.0940.237-0.143
YOY0.0750.224-0.149
3Y0.0860.223-0.137
5Y0.1010.262-0.161
10Y0.0860.255-0.169
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Platinum generates.

  • Above 15 is considered overpriced butΒ always compareΒ Platinum to theΒ Asset Management industry mean.
  • A PE ratio of 13.45 means the investor is paying $13.45Β for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Platinum Asset Management Ltd:

  • The EOD is 6.079. Based on the earnings, the company is cheap. +2
  • The MRQ is 13.451. Based on the earnings, the company is underpriced. +1
  • The TTM is 13.451. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.079MRQ13.451-7.372
MRQ13.451TTM13.4510.000
TTM13.451YOY12.529+0.922
TTM13.4515Y13.491-0.040
5Y13.49110Y15.501-2.010
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD6.0797.686-1.607
MRQ13.4517.669+5.782
TTM13.4517.315+6.136
YOY12.5298.129+4.400
3Y11.9885.502+6.486
5Y13.4915.539+7.952
10Y15.5017.012+8.489
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Platinum Asset Management Ltd:

  • The EOD is 3.504. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.754. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.754. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.504MRQ7.754-4.250
MRQ7.754TTM7.7540.000
TTM7.754YOY12.205-4.451
TTM7.7545Y12.647-4.892
5Y12.64710Y15.952-3.305
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD3.5045.518-2.014
MRQ7.7545.680+2.074
TTM7.7546.119+1.635
YOY12.2053.980+8.225
3Y9.4113.914+5.497
5Y12.6473.588+9.059
10Y15.9522.550+13.402
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Platinum is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Asset Management industry mean).
  • A PB ratio of 1.91 means the investor is paying $1.91Β for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Platinum Asset Management Ltd:

  • The EOD is 0.864. Based on the equity, the company is cheap. +2
  • The MRQ is 1.911. Based on the equity, the company is underpriced. +1
  • The TTM is 1.911. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.864MRQ1.911-1.047
MRQ1.911TTM1.9110.000
TTM1.911YOY3.074-1.163
TTM1.9115Y4.659-2.748
5Y4.65910Y7.015-2.356
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD0.8640.924-0.060
MRQ1.9110.932+0.979
TTM1.9110.930+0.981
YOY3.0740.927+2.147
3Y2.7060.941+1.765
5Y4.6590.997+3.662
10Y7.0151.131+5.884
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Platinum Asset Management Ltd.

4.8.2. Funds holding Platinum Asset Management Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx0.87-5126835--
2021-02-28WisdomTree Tr-WisdomTree International Small Cap Dividend Fd0.45-2641560--
2021-01-31DFA Asia Pacific Small Company Series0.34-2013396--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.32-1891487--
2021-02-28Global X Fds-Global X SuperDividend ETF0.3-1744146--
2021-02-28iShares Core MSCI EAFE ETF0.27-1575867--
2021-02-28iShares MSCI EAFE Small Cap ETF0.21-1243678--
2021-01-31DFA International Core Equity Portfolio0.19-1101774--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S. Index Fund0.090000004-534125--
2020-11-30Schwab Strategic Tr-Schwab International Equity ETF0.07-414191--
Total 3.11000000401828705900.0%
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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Other Assets  2,239-2152,0248232,8474263,273-133,149-129,876



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets346,207
Total Liabilities29,408
Total Stockholder Equity314,234
 As reported
Total Liabilities 29,408
Total Stockholder Equity+ 314,234
Total Assets = 346,207

Assets

Total Assets346,207
Total Current Assets270,434
Long-term Assets205,649
Total Current Assets
Cash And Cash Equivalents 120,408
Short-term Investments 129,876
Net Receivables 17,408
Other Current Assets 2,840
Total Current Assets  (as reported)270,434
Total Current Assets  (calculated)270,532
+/- 98
Long-term Assets
Property Plant Equipment 13,801
Long Term Investments 190,890
Long-term Assets Other 958
Long-term Assets  (as reported)205,649
Long-term Assets  (calculated)205,649
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities11,617
Long-term Liabilities15,262
Total Stockholder Equity314,234
Total Current Liabilities
Short-term Debt 1,708
Short Long Term Debt 1,708
Accounts payable 8,530
Other Current Liabilities 1,379
Total Current Liabilities  (as reported)11,617
Total Current Liabilities  (calculated)13,325
+/- 1,708
Long-term Liabilities
Long term Debt 10,639
Long-term Liabilities  (as reported)15,262
Long-term Liabilities  (calculated)10,639
+/- 4,623
Total Stockholder Equity
Common Stock745,790
Retained Earnings 148,818
Accumulated Other Comprehensive Income -530,700
Other Stockholders Equity -49,674
Total Stockholder Equity (as reported)314,234
Total Stockholder Equity (calculated)314,234
+/-0
Other
Capital Stock696,116
Cash and Short Term Investments 250,284
Common Stock Shares Outstanding 577,997
Current Deferred Revenue-6,822
Liabilities and Stockholders Equity 346,207
Net Debt -108,061
Net Invested Capital 326,581
Net Working Capital 258,817
Property Plant and Equipment Gross 28,546
Short Long Term Debt Total 12,347



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-30
> Total Assets 
602,346
105,244
199,139
214,555
254,593
269,018
265,291
366,023
406,126
370,903
387,323
353,966
445,267
344,138
357,451
384,295
352,606
354,255
346,207
346,207354,255352,606384,295357,451344,138445,267353,966387,323370,903406,126366,023265,291269,018254,593214,555199,139105,244602,346
   > Total Current Assets 
0
98,193
191,914
208,817
250,013
265,091
261,604
363,202
401,858
367,773
384,695
259,338
247,565
222,746
189,891
220,765
207,096
212,458
270,434
270,434212,458207,096220,765189,891222,746247,565259,338384,695367,773401,858363,202261,604265,091250,013208,817191,91498,1930
       Cash And Cash Equivalents 
457,385
73,072
171,160
14,269
29,758
232,761
237,592
24,052
24,854
127,679
119,079
154,263
163,799
112,947
105,333
143,277
87,449
86,183
120,408
120,40886,18387,449143,277105,333112,947163,799154,263119,079127,67924,85424,052237,592232,76129,75814,269171,16073,072457,385
       Short-term Investments 
0
0
1,027
165,391
194,791
8,281
1,882
308,313
273,813
199,268
186,264
74,876
27,876
81,877
49,876
49,876
89,876
99,876
129,876
129,87699,87689,87649,87649,87681,87727,87674,876186,264199,268273,813308,3131,8828,281194,791165,3911,02700
       Net Receivables 
0
24,279
18,675
28,130
24,508
22,937
21,265
27,418
32,193
39,716
28,578
29,030
50,828
26,361
32,768
25,710
27,134
22,549
17,408
17,40822,54927,13425,71032,76826,36150,82829,03028,57839,71632,19327,41821,26522,93724,50828,13018,67524,2790
       Other Current Assets 
0
842
1,052
1,027
956
1,112
865
2,038
1,514
1,002
1,434
11
5,062
1,890
106
214
219
3,850
2,840
2,8403,8502192141061,8905,062111,4341,0021,5142,0388651,1129561,0271,0528420
   > Long-term Assets 
0
7,051
7,225
5,738
4,580
3,927
3,687
2,727
2,784
3,130
2,628
94,628
197,702
121,392
165,321
161,506
142,663
138,524
205,649
205,649138,524142,663161,506165,321121,392197,70294,6282,6283,1302,7842,7273,6873,9274,5805,7387,2257,0510
       Property Plant Equipment 
1,650
2,711
2,742
2,660
2,550
2,421
2,318
1,957
1,738
1,974
1,854
1,621
1,532
2,297
12,676
9,544
6,954
4,578
13,801
13,8014,5786,9549,54412,6762,2971,5321,6211,8541,9741,7381,9572,3182,4212,5502,6602,7422,7111,650
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
194,716
117,776
152,645
151,962
135,709
133,946
190,890
190,890133,946135,709151,962152,645117,776194,716000000000000
       Intangible Assets 
0
0
728
788
676
552
459
770
1,046
1,156
774
1,208
1,454
1,319
0
0
0
0
0
000001,3191,4541,2087741,1561,04677045955267678872800
       Long-term Assets Other 
0
0
0
0
0
0
0
-2,727
-2,784
-3,130
-100,052
-2,155
-2,137
-2,316
1,914
1,902
2,637
2,260
958
9582,2602,6371,9021,914-2,316-2,137-2,155-100,052-3,130-2,784-2,7270000000
> Total Liabilities 
72,900
27,419
21,524
20,420
29,195
22,310
18,792
21,949
30,870
21,723
23,112
18,892
34,152
23,050
38,490
42,271
29,052
24,724
29,408
29,40824,72429,05242,27138,49023,05034,15218,89223,11221,72330,87021,94918,79222,31029,19520,42021,52427,41972,900
   > Total Current Liabilities 
0
27,419
21,524
19,268
28,248
21,573
18,316
21,949
30,870
19,469
21,918
17,382
26,793
16,387
21,901
21,773
16,156
16,430
11,617
11,61716,43016,15621,77321,90116,38726,79317,38221,91819,46930,87021,94918,31621,57328,24819,26821,52427,4190
       Short-term Debt 
0
0
1,027
165,391
194,791
8,281
1,882
309,694
343,297
199,387
49,340
74,983
27,876
1,744
1,744
1,871
2,005
2,141
1,708
1,7082,1412,0051,8711,7441,74427,87674,98349,340199,387343,297309,6941,8828,281194,791165,3911,02700
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,744
1,871
2,005
2,141
1,708
1,7082,1412,0051,8711,74400000000000000
       Accounts payable 
2,155
7,863
6,052
5,595
9,613
3,382
3,010
3,151
7,044
4,482
4,019
3,219
1,415
5,995
3,830
3,934
4,254
7,085
8,530
8,5307,0854,2543,9343,8305,9951,4153,2194,0194,4827,0443,1513,0103,3829,6135,5956,0527,8632,155
       Other Current Liabilities 
0
19,556
15,472
13,673
18,635
18,191
15,306
18,798
23,826
14,987
17,899
14,163
25,378
11,004
16,327
15,968
9,897
7,204
1,379
1,3797,2049,89715,96816,32711,00425,37814,16317,89914,98723,82618,79815,30618,19118,63513,67315,47219,5560
   > Long-term Liabilities 
0
0
0
1,152
947
737
476
0
0
2,254
1,194
1,510
7,359
6,051
14,350
18,474
10,049
5,021
15,262
15,2625,02110,04918,47414,3506,0517,3591,5101,1942,254004767379471,152000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,085
5,239
3,249
1,112
0
01,1123,2495,2397,08500000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
28,935
461
0
0
0
0
0
0
0
000000046128,9350000000000
> Total Stockholder Equity
500,783
77,825
177,615
194,135
225,398
246,708
246,499
344,074
375,256
349,180
335,475
335,074
335,179
321,088
318,961
342,024
323,554
328,171
314,234
314,234328,171323,554342,024318,961321,088335,179335,074335,475349,180375,256344,074246,499246,708225,398194,135177,61577,825500,783
   Common Stock
0
629,091
629,091
629,091
629,091
629,091
629,091
712,955
722,812
751,355
751,355
751,355
751,355
751,355
751,355
751,355
751,355
751,355
745,790
745,790751,355751,355751,355751,355751,355751,355751,355751,355751,355722,812712,955629,091629,091629,091629,091629,091629,0910
   Retained Earnings 
500,783
36,204
130,836
144,781
169,433
184,768
182,036
193,265
245,993
185,839
175,522
177,959
185,940
174,461
173,045
202,965
177,082
177,589
148,818
148,818177,589177,082202,965173,045174,461185,940177,959175,522185,839245,993193,265182,036184,768169,433144,781130,83636,204500,783
   Capital Surplus 0000000000000000000
   Treasury Stock000-36,462-33,357-27,865-20,110-4,784-3,6380000000000
   Other Stockholders Equity -49,674-49,333-44,760-36,462-33,357-27,865-20,110-8,422-3,638-588,014-593,549-562,1460000000



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue185,128
Cost of Revenue-78,626
Gross Profit106,502106,502
 
Operating Income (+$)
Gross Profit106,502
Operating Expense-21,921
Operating Income74,15884,581
 
Operating Expense (+$)
Research Development7,484
Selling General Administrative78,626
Selling And Marketing Expenses64,189
Operating Expense21,921150,299
 
Net Interest Income (+$)
Interest Income9,385
Interest Expense-433
Other Finance Cost-0
Net Interest Income8,952
 
Pretax Income (+$)
Operating Income74,158
Net Interest Income8,952
Other Non-Operating Income Expenses0
Income Before Tax (EBT)73,14475,172
EBIT - interestExpense = 73,725
73,020
45,444
Interest Expense433
Earnings Before Interest and Taxes (EBIT)74,15873,577
Earnings Before Interest and Taxes (EBITDA)77,275
 
After tax Income (+$)
Income Before Tax73,144
Tax Provision-28,009
Net Income From Continuing Ops45,13545,135
Net Income45,011
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses100,547
Total Other Income/Expenses Net-1,014-8,952
 

Technical Analysis of Platinum
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Platinum. The general trend of Platinum is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Platinum's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Platinum Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Platinum Asset Management Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.51 < 0.5275 < 0.545.

The bearish price targets are: .

Know someone who trades $PTM? Share this with them.πŸ‘‡

Platinum Asset Management Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Platinum Asset Management Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Platinum Asset Management Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Platinum Asset Management Ltd. The current macd is -0.02356833.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Platinum price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Platinum. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Platinum price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Platinum Asset Management Ltd Daily Moving Average Convergence/Divergence (MACD) ChartPlatinum Asset Management Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Platinum Asset Management Ltd. The current adx is 17.31.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Platinum shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Platinum Asset Management Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Platinum Asset Management Ltd. The current sar is 0.535.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Platinum Asset Management Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Platinum Asset Management Ltd. The current rsi is 28.07. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Platinum Asset Management Ltd Daily Relative Strength Index (RSI) ChartPlatinum Asset Management Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Platinum Asset Management Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Platinum price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Platinum Asset Management Ltd Daily Stochastic Oscillator ChartPlatinum Asset Management Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Platinum Asset Management Ltd. The current cci is -160.6557377.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Platinum Asset Management Ltd Daily Commodity Channel Index (CCI) ChartPlatinum Asset Management Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Platinum Asset Management Ltd. The current cmo is -58.552892.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Platinum Asset Management Ltd Daily Chande Momentum Oscillator (CMO) ChartPlatinum Asset Management Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Platinum Asset Management Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Platinum Asset Management Ltd Daily Williams %R ChartPlatinum Asset Management Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Platinum Asset Management Ltd.

Platinum Asset Management Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Platinum Asset Management Ltd. The current atr is 0.02398414.

Platinum Asset Management Ltd Daily Average True Range (ATR) ChartPlatinum Asset Management Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Platinum Asset Management Ltd. The current obv is -97,251,511.

Platinum Asset Management Ltd Daily On-Balance Volume (OBV) ChartPlatinum Asset Management Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Platinum Asset Management Ltd. The current mfi is 34.56.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Platinum Asset Management Ltd Daily Money Flow Index (MFI) ChartPlatinum Asset Management Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Platinum Asset Management Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-04-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-05-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.

6.3. Candlestick Patterns

Platinum Asset Management Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Platinum Asset Management Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5028.073
Ma 20Greater thanMa 500.535
Ma 50Greater thanMa 1000.564
Ma 100Greater thanMa 2000.590
OpenGreater thanClose0.480
Total1/5 (20.0%)
Penke
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