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Palladium PALLADIUM

commodity

Price History

$156$1,090$2,024$2,958
1998-09 · DCA start$281.15

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

-85.2%-56.8%-28.4%0.0%
1998-092026-08 · -55.3%

Worst drawdown: −85%, peaking Jan 2001 and bottoming Apr 2003 — 197 months below the prior high before recovering.

DCA Backtest

Invested
$33,000
Value today
$86,484
Return
+162.1%
Months invested
330

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be $48,899 today, so the real (inflation-adjusted) return is +76.9%.

Lump sum instead — $33,000 all at once in Sep 1998: $155,240 (+370.4%) — lump sum came out ahead.

Worst timing — same monthly amount started at the all-time high (Apr 2021): $6,321 on $6,500 invested (-2.8%).

Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

JFMAMJJASOND
1998
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Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 1998-09: +162.1%

About Palladium

Palladium's demand is overwhelmingly petrol-engine autocatalysts, and most supply comes from Russia and South Africa — a concentration that produced a spectacular boom into 2022 and an equally sharp bust as electric vehicles erode its core market. Prices are the continuous front-month COMEX/NYMEX/ICE futures series in USD — the standard reference price, but not directly investable: a real position via rolled futures or an ETF differs by roll yield and fees. (emrite)

It's a commodity categorised under precious metals and USD per troy ounce.

There isn’t enough researched data to give it an overall rating yet — only 45% of the scoring weight is backed by facts, below the 60% needed. The score shown is partial and covers only what’s known.

What pushes the score up: market / volatility (3.0/5).

Not yet researched: structure / supply. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Partial 3.0/5(45%)

Only 45% of the weighting is fact-backed so far — not enough for an overall rating. The partial score covers the rated categories below; the unrated ones may be where this asset’s real risk sits.

How these ratings work

Market / Volatility3.0/5 · weight 45%
  • Annualised volatility (3yr)3/533.9
  • Max drawdown from ATH5/585.2
  • Beta vs S&P 5001/50.42
Structure / Supplyunrated · weight 55%
  • Futures roll & carry costnot yet researched
  • Supply concentrationnot yet researched

Linked Assets

Same sector, or return-correlated — worth knowing what else might move if this one does.