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For anyone watching Palantir Technologies and wondering whether the current price reflects fair value or hype, this article focuses on what the numbers actually say about the stock.

Recently, Palantir Technologies has seen the share price close at US$128.47, with returns that declined 4.6% over the last week, 6.1% over the last month, and 23.5% year to date, while the return over three years has been very large and the five year return is more than 3x the starting point.

News flow around Palantir Technologies has frequently focused on its role in data…