Drdgold Performance
| DRDGFDelisted Stock | USD 0.96 0.00 0.00% |
Drdgold has a performance score of 27 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0559, which means not very significant fluctuations relative to the market. 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. Drdgold right now shows a risk of 0.37%. Please confirm Drdgold standard deviation and the relationship between the jensen alpha and day typical price , to decide if Drdgold will be following its price patterns.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Drdgold are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Drdgold may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 2.2 B | |
| Total Cashflows From Investing Activities | -626.2 M |
Drdgold |
Drdgold Relative Risk vs. Return Landscape
If you would invest 95.00 in Drdgold on August 31, 2024 and sell it today you would earn a total of 1.00 from holding Drdgold or generate 1.05% return on investment over 90 days. Drdgold is currently producing 0.1316% returns and takes up 0.3722% volatility of returns over 90 trading days. Put another way, 3% of traded pink sheets are less volatile than Drdgold, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Drdgold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Drdgold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Drdgold, and traders can use it to determine the average amount a Drdgold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3536
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Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Drdgold is performing at about 27% 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 by adding it to a well-diversified portfolio.
Drdgold Fundamentals Growth
Drdgold Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Drdgold, and Drdgold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Drdgold Pink Sheet performance.
| Return On Equity | 0.22 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 433.63 M | |||
| Shares Outstanding | 857.98 M | |||
| Price To Earning | 0.59 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 5.12 B | |||
| EBITDA | 1.8 B | |||
| Cash And Equivalents | 2.53 B | |||
| Cash Per Share | 29.44 X | |||
| Total Debt | 52.3 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 63.40 X | |||
| Cash Flow From Operations | 1.5 B | |||
| Earnings Per Share | 0.07 X | |||
| Total Asset | 7.08 B | |||
| Retained Earnings | (2.98 B) | |||
| Current Asset | 601 M | |||
| Current Liabilities | 314 M | |||
About Drdgold Performance
By analyzing Drdgold's fundamental ratios, stakeholders can gain valuable insights into Drdgold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Drdgold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Drdgold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited. Drdgold operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Drdgold performance evaluation
Checking the ongoing alerts about Drdgold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Drdgold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Drdgold is not yet fully synchronised with the market data | |
| Drdgold has some characteristics of a very speculative penny stock | |
| Drdgold has a very high chance of going through financial distress in the upcoming years | |
| About 50.0% of the company shares are held by company insiders |
- Analyzing Drdgold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Drdgold's stock is overvalued or undervalued compared to its peers.
- Examining Drdgold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Drdgold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Drdgold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Drdgold's pink sheet. These opinions can provide insight into Drdgold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Drdgold Pink Sheet
If you are still planning to invest in Drdgold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drdgold's history and understand the potential risks before investing.
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