Drdgold Stock Market Value
| DRDGF Stock | USD 3.31 0.01 0.30% |
| Symbol | Drdgold |
Drdgold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Drdgold's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Drdgold.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Drdgold on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Drdgold or generate 0.0% return on investment in Drdgold over 30 days. Drdgold is related to or competes with Pan African, Regis Resources, Hochschild Mining, Wesdome Gold, K92 Mining, Aperam PK, and Emerald Resources. DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa More
Drdgold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Drdgold's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Drdgold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0463 | |||
| Maximum Drawdown | 17.87 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 5.66 |
Drdgold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Drdgold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Drdgold's standard deviation. In reality, there are many statistical measures that can use Drdgold historical prices to predict the future Drdgold's volatility.| Risk Adjusted Performance | 0.0634 | |||
| Jensen Alpha | 0.2798 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.47) |
Drdgold Backtested Returns
Drdgold appears to be risky, given 3 months investment horizon. Drdgold secures Sharpe Ratio (or Efficiency) of 0.0742, which denotes the company had a 0.0742 % return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Drdgold, which you can use to evaluate the volatility of the firm. Please utilize Drdgold's Coefficient Of Variation of 1336.34, mean deviation of 1.28, and Standard Deviation of 3.3 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Drdgold holds a performance score of 5. The firm shows a Beta (market volatility) of -0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Drdgold are expected to decrease at a much lower rate. During the bear market, Drdgold is likely to outperform the market. Please check Drdgold's standard deviation, potential upside, day typical price, as well as the relationship between the jensen alpha and daily balance of power , to make a quick decision on whether Drdgold's price patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Drdgold has average predictability. Overlapping area represents the amount of predictability between Drdgold time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Drdgold price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Drdgold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Drdgold lagged returns against current returns
Autocorrelation, which is Drdgold pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Drdgold's pink sheet expected returns. We can calculate the autocorrelation of Drdgold returns to help us make a trade decision. For example, suppose you find that Drdgold has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Drdgold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Drdgold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Drdgold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Drdgold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Drdgold Lagged Returns
When evaluating Drdgold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Drdgold pink sheet have on its future price. Drdgold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Drdgold autocorrelation shows the relationship between Drdgold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Drdgold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Drdgold Pink Sheet
Drdgold financial ratios help investors to determine whether Drdgold Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Drdgold with respect to the benefits of owning Drdgold security.