Royal Gold Stock Price on January 19, 2024
| RGLD Stock | USD 148.18 0.42 0.28% |
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Royal Gold stands at 148.18, as last reported on the 22nd of November, with the highest price reaching 149.98 and the lowest price hitting 147.23 during the day. At this point, Royal Gold is very steady. Royal Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.055, which implies the firm had a 0.055% return per unit of risk over the last 3 months. We have found thirty technical indicators for Royal Gold, which you can use to evaluate the volatility of the company. Please check Royal Gold's Risk Adjusted Performance of 0.0472, coefficient of variation of 1819.54, and Semi Deviation of 1.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.0886%.
Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Royal |
Sharpe Ratio = 0.055
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | RGLD | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Royal Gold is performing at about 4% 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 Royal Gold by adding it to a well-diversified portfolio.
Royal Gold Main Headline on 19th of January 2024
Royal Gold dividend paid on 19th of January 2024 |
Royal Gold Valuation on January 19, 2024
It is possible to determine the worth of Royal Gold on a given historical date. On January 19, 2024 Royal was worth 115.27 at the beginning of the trading date compared to the closed value of 115.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royal Gold stock. Still, in general, we apply an absolute valuation method to find Royal Gold'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 Royal Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royal Gold's related companies.
| Open | High | Low | Close | Volume | |
| 115.98 | 115.98 | 114.62 | 114.70 | 276,944 | |
01/19/2024 | 115.27 | 115.48 | 113.54 | 115.27 | 332,595 |
| 114.19 | 116.12 | 113.94 | 115.74 | 219,118 |
| Backtest Royal Gold | | | Royal Gold History | | | Royal Gold Valuation | Previous | Next |
Royal Gold Trading Date Momentum on January 19, 2024
| On January 22 2024 Royal Gold was traded for 115.74 at the closing time. The top price for the day was 116.12 and the lowest listed price was 113.94 . The trading volume for the day was 219.1 K. The trading history from January 22, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.41% . The trading delta at closing time against the current closing price is 0.52% . |
Royal Gold Fundamentals Correlations and Trends
By evaluating Royal Gold'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 Royal Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royal Gold Stock history
Royal Gold 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 Royal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royal Gold 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 Royal Gold stock prices may prove useful in developing a viable investing in Royal Gold
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado. Royal Gold operates under Gold classification in the United States and is traded on NASDAQ Exchange. It employs 29 people.
Royal Gold Stock Technical Analysis
Royal Gold 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
Royal Gold Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Royal Gold cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Royal Gold November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Royal Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Royal Gold shares will generate the highest return on investment. By undertsting and applying Royal Gold stock market strength indicators, traders can identify Royal Gold entry and exit signals to maximize returns
Royal Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royal Gold's price direction in advance. Along with the technical and fundamental analysis of Royal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royal 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 | 0.0472 | |||
| Jensen Alpha | 0.0801 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (5.07) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Royal Stock analysis
When running Royal Gold's price analysis, check to measure Royal Gold'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 Royal Gold is operating at the current time. Most of Royal Gold's value examination focuses on studying past and present price action to predict the probability of Royal Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Gold's price. Additionally, you may evaluate how the addition of Royal Gold to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |