Royal Gold Stock Price on August 22, 2024

RGLD Stock  USD 141.33  3.87  2.82%   
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 141.33, as last reported on the 30th of January, with the highest price reaching 141.94 and the lowest price hitting 137.81 during the day. Royal Gold maintains Sharpe Ratio (i.e., Efficiency) of -0.0167, which implies the firm had a -0.0167 % return per unit of risk over the last 3 months. Royal Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Royal Gold's Variance of 3.02, risk adjusted performance of (0.01), and Coefficient Of Variation of (6,001) to confirm the risk estimate we provide.
  
Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0167

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Royal Gold is not performing at its full potential. However, 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 Royal Gold to a well-diversified portfolio.

Royal Gold Valuation on August 22, 2024

It is possible to determine the worth of Royal Gold on a given historical date. On August 22, 2024 Royal was worth 138.49 at the beginning of the trading date compared to the closed value of 138.01. 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
  138.63    140.37    137.50    140.09    274,382  
08/22/2024
  138.49    138.93    136.94    138.01    256,493  
  139.52    140.51    138.66    140.28    256,731  
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Open Value
138.49
133.27
Downside
138.01
Closing Value
143.71
Upside

Royal Gold Trading Date Momentum on August 22, 2024

On August 23 2024 Royal Gold was traded for  140.28  at the closing time. The top price for the day was 140.51  and the lowest listed price was  138.66 . The trading volume for the day was 256.7 K. The trading history from August 23, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.64% . The trading delta at closing time against the current closing price is 0.49% .

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.
A focus of Royal Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Royal Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Royal Gold Period Price Range

Low
January 30, 2025
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High

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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 January 30, 2025 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.

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.
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