Drdgold Limited Adr Stock Price on November 27, 2024
| DRD Stock | USD 9.74 0.22 2.31% |
Below is the normalized historical share price chart for DRDGOLD Limited ADR extending back to October 03, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DRDGOLD Limited stands at 9.74, as last reported on the 30th of November, with the highest price reaching 9.84 and the lowest price hitting 9.63 during the day.
If you're considering investing in DRDGOLD Stock, it is important to understand the factors that can impact its price. DRDGOLD Limited appears to be somewhat reliable, given 3 months investment horizon. DRDGOLD Limited ADR secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for DRDGOLD Limited ADR, which you can use to evaluate the volatility of the firm. Please utilize DRDGOLD Limited's Coefficient Of Variation of 988.23, downside deviation of 3.46, and Mean Deviation of 2.23 to check if our risk estimates are consistent with your expectations.
At present, DRDGOLD Limited's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 6.6 B, whereas Other Stockholder Equity is projected to grow to (18 M). . At present, DRDGOLD Limited's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. DRDGOLD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of September 1996 | 200 Day MA 9.0339 | 50 Day MA 10.5622 | Beta 1.14 |
DRDGOLD |
Sharpe Ratio = 0.1173
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Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average DRDGOLD Limited is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DRDGOLD Limited by adding it to a well-diversified portfolio.
Price Book 2.1678 | Enterprise Value Ebitda 6.8545 | Price Sales 0.1347 | Shares Float 427.2 M | Dividend Share 4 |
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DRDGOLD Limited Valuation on November 27, 2024
It is possible to determine the worth of DRDGOLD Limited on a given historical date. On November 27, 2024 DRDGOLD was worth 9.69 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRDGOLD Limited stock. Still, in general, we apply an absolute valuation method to find DRDGOLD Limited's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DRDGOLD Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRDGOLD Limited's related companies.
| Open | High | Low | Close | Volume | |
| 9.52 | 9.74 | 9.52 | 9.70 | 193,762 | |
11/27/2024 | 9.69 | 9.76 | 9.52 | 9.52 | 167,544 |
| 9.63 | 9.84 | 9.63 | 9.74 | 125,883 |
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DRDGOLD Limited Trading Date Momentum on November 27, 2024
| On November 29 2024 DRDGOLD Limited ADR was traded for 9.74 at the closing time. Highest DRDGOLD Limited's price during the trading hours was 9.84 and the lowest price during the day was 9.63 . The net volume was 125.9 K. The overall trading history on the 29th of November contributed to the next trading period price growth. The overall trading delta to the next next day price was 2.31% . The overall trading delta to current price is 1.16% . |
DRDGOLD Limited ADR Fundamentals Correlations and Trends
By evaluating DRDGOLD Limited's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DRDGOLD Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DRDGOLD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DRDGOLD Limited Stock history
DRDGOLD Limited investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DRDGOLD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DRDGOLD Limited ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DRDGOLD Limited stock prices may prove useful in developing a viable investing in DRDGOLD Limited
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.6 M | 43.5 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B |
DRDGOLD Limited Stock Technical Analysis
DRDGOLD Limited technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
DRDGOLD Limited Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
DRDGOLD Limited ADR cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DRDGOLD Limited November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how DRDGOLD Limited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DRDGOLD Limited shares will generate the highest return on investment. By undertsting and applying DRDGOLD Limited stock market strength indicators, traders can identify DRDGOLD Limited ADR entry and exit signals to maximize returns
DRDGOLD Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DRDGOLD Limited's price direction in advance. Along with the technical and fundamental analysis of DRDGOLD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRDGOLD to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0849 | |||
| Jensen Alpha | 0.3362 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0529 | |||
| Treynor Ratio | (1.56) |
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Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD Limited's price analysis, check to measure DRDGOLD Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DRDGOLD Limited is operating at the current time. Most of DRDGOLD Limited's value examination focuses on studying past and present price action to predict the probability of DRDGOLD Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRDGOLD Limited's price. Additionally, you may evaluate how the addition of DRDGOLD Limited to your portfolios can decrease your overall portfolio volatility.
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