DRDGOLD Competitors
| DRD Stock | USD 35.09 2.11 6.40% |
DRDGOLD Limited vs Fortuna Silver Correlation
Very poor diversification
The correlation between DRDGOLD Limited ADR and FSM is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DRDGOLD Limited ADR and FSM in the same portfolio, assuming nothing else is changed.
Moving together with DRDGOLD Stock
| 0.94 | B | Barrick Mining Symbol Change | PairCorr |
| 0.86 | AA | Alcoa Corp | PairCorr |
| 0.83 | AP | Ampco Pittsburgh Trending | PairCorr |
| 0.93 | AU | AngloGold Ashanti plc | PairCorr |
| 0.95 | HL | Hecla Mining Aggressive Push | PairCorr |
Moving against DRDGOLD Stock
At present, DRDGOLD Limited's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.17, whereas Return On Equity is forecasted to decline to 0.28. At present, DRDGOLD Limited's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 1 B, whereas Other Current Assets are forecasted to decline to about 58.6 M.DRDGOLD Limited Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between DRDGOLD Limited and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of DRDGOLD and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of DRDGOLD Limited ADR does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between DRDGOLD Stock performing well and DRDGOLD Limited Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze DRDGOLD Limited's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CGAU | 2.30 | 0.74 | 0.19 | 0.80 | 2.93 | 5.55 | 26.35 | |||
| ERO | 2.72 | 0.67 | 0.17 | 0.72 | 3.46 | 6.01 | 18.34 | |||
| ARMN | 2.62 | 1.01 | 0.21 | 1.36 | 3.55 | 7.64 | 26.24 | |||
| CSTM | 1.84 | 0.61 | 0.30 | 1.23 | 1.34 | 5.04 | 10.36 | |||
| SA | 3.09 | 0.55 | 0.14 | 0.49 | 3.90 | 6.76 | 28.57 | |||
| AAUC | 2.16 | 1.10 | 0.46 | 0.97 | 1.60 | 6.21 | 17.83 | |||
| ASH | 1.72 | 0.35 | 0.20 | 0.49 | 1.32 | 5.71 | 13.67 | |||
| ELVR | 4.62 | 1.10 | 0.19 | 1.96 | 4.73 | 9.90 | 31.67 | |||
| SID | 2.86 | 0.21 | 0.06 | 0.36 | 3.05 | 5.79 | 15.70 | |||
| FSM | 2.55 | 0.47 | 0.08 | (0.58) | 3.50 | 4.83 | 25.09 |
Cross Equities Net Income Analysis
Compare DRDGOLD Limited ADR and related stocks such as Centerra Gold, Ero Copper Corp, and Aris Mining Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CGAU | 9.1 M | 370.9 M | (184 M) | 157.7 M | (44.1 M) | 41.6 M | 151.5 M | 209.5 M | 107.5 M | (93.5 M) | 408.5 M | (381.8 M) | (77.2 M) | (82.8 M) | 80.4 M | 72.4 M | 45.5 M |
| ARMN | (56.5 K) | (37 M) | (36.2 M) | (165.2 M) | (3.3 M) | (13 M) | 3.7 M | 36.8 M | (3.4 M) | (131.2 M) | (4.7 M) | 186.2 M | (4.9 M) | 11.4 M | 24.6 M | 28.3 M | 29.7 M |
| CSTM | (179 M) | (179 M) | 132 M | 98 M | 51 M | (554 M) | (4 M) | (31 M) | 188 M | 66 M | (21 M) | 257 M | 308 M | 125 M | 56 M | 64.4 M | 38.7 M |
| SA | (154 K) | (20.1 M) | (12.5 M) | (13.6 M) | (13 M) | (9.1 M) | (7.3 M) | (10.3 M) | (19.9 M) | (9 M) | (14.9 M) | 895 K | (7.4 M) | (29.3 M) | (31.2 M) | (28.1 M) | (26.7 M) |
| AAUC | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (208.5 M) | (115.6 M) | (104.1 M) | (109.3 M) |
| ASH | 146.7 M | 26 M | 683 M | 233 M | 309 M | (29 M) | 1000 K | 114 M | 505 M | (508 M) | 220 M | 927 M | 178 M | 169 M | (845 M) | (760.5 M) | (722.5 M) |
| ELVR | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | 58.9 M | (13.6 M) | (101.4 M) | (294.3 M) | (264.9 M) | (251.6 M) |
| SID | 457 M | 3.7 B | (420.1 M) | 509 M | (112.3 M) | 1.3 B | (934.7 M) | 10.3 M | 5.2 B | 1.8 B | 3.8 B | 12.3 B | 1.6 B | (318.2 M) | (2.6 B) | (3 B) | (2.8 B) |
| FSM | (46.5 K) | 19.5 M | 31.5 M | (19.1 M) | 15.6 M | (10.6 M) | 17.9 M | 66.3 M | 34 M | 23.8 M | 21.6 M | 57.9 M | (128.1 M) | (50.8 M) | 128.7 M | 148 M | 155.4 M |
DRDGOLD Limited ADR and related stocks such as Centerra Gold, Ero Copper Corp, and Aris Mining Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in DRDGOLD Limited ADR financial statement analysis. It represents the amount of money remaining after all of DRDGOLD Limited ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.DRDGOLD Limited Competitive Analysis
The better you understand DRDGOLD Limited competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, DRDGOLD Limited's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across DRDGOLD Limited's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
DRDGOLD Limited Competition Performance Charts
Five steps to successful analysis of DRDGOLD Limited Competition
DRDGOLD Limited's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by DRDGOLD Limited ADR in relation to its competition. DRDGOLD Limited's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of DRDGOLD Limited in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact DRDGOLD Limited's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to DRDGOLD Limited ADR, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out DRDGOLD Limited Correlation with its peers. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Metals & Mining sector continue expanding? Could DRDGOLD diversify its offerings? Factors like these will boost the valuation of DRDGOLD Limited. Projected growth potential of DRDGOLD fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every DRDGOLD Limited data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.719 | Dividend Share 7 | Earnings Share 1.59 | Revenue Per Share | Quarterly Revenue Growth 0.248 |
Understanding DRDGOLD Limited ADR requires distinguishing between market price and book value, where the latter reflects DRDGOLD's accounting equity. The concept of intrinsic value - what DRDGOLD Limited's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push DRDGOLD Limited's price substantially above or below its fundamental value.
It's important to distinguish between DRDGOLD Limited's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DRDGOLD Limited should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DRDGOLD Limited's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
