DRDGOLD (South Africa) Analysis
| DRD Stock | 1,770 17.00 0.97% |
DRDGOLD Limited is overvalued with Real Value of 1491.42 and Hype Value of 1770.0. The main objective of DRDGOLD stock analysis is to determine its intrinsic value, which is an estimate of what DRDGOLD Limited is worth, separate from its market price. There are two main types of DRDGOLD's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect DRDGOLD's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of DRDGOLD's stock to identify patterns and trends that may indicate its future price movements.
The DRDGOLD stock is traded in South Africa on Johannesburg Exchange, with the market opening at 09:00:00 and closing at 17:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in South Africa. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and DRDGOLD's ongoing operational relationships across important fundamental and technical indicators.
DRDGOLD |
DRDGOLD Stock Analysis Notes
About 50.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. DRDGOLD Limited last dividend was issued on the 21st of September 2022. The entity had 1137:1124 split on the 10th of June 2005. To learn more about DRDGOLD Limited call BProc LLM at (27) 86 524 3061 or check out www.drdgold.com.DRDGOLD Limited Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. DRDGOLD's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding DRDGOLD Limited or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| About 50.0% of the company shares are held by company insiders |
DRDGOLD Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 11.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DRDGOLD's market, we take the total number of its shares issued and multiply it by DRDGOLD's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.DRDGOLD Profitablity
DRDGOLD's profitability indicators refer to fundamental financial ratios that showcase DRDGOLD's ability to generate income relative to its revenue or operating costs. If, let's say, DRDGOLD is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, DRDGOLD's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of DRDGOLD's profitability requires more research than a typical breakdown of DRDGOLD's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.24. Technical Drivers
As of the 1st of December, DRDGOLD shows the Mean Deviation of 2.08, coefficient of variation of 976.84, and Downside Deviation of 2.52. DRDGOLD Limited technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm DRDGOLD Limited variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if DRDGOLD Limited is priced adequately, providing market reflects its regular price of 1770.0 per share.DRDGOLD Limited Price Movement Analysis
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. DRDGOLD middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for DRDGOLD Limited. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
DRDGOLD Outstanding Bonds
DRDGOLD issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. DRDGOLD Limited uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most DRDGOLD bonds can be classified according to their maturity, which is the date when DRDGOLD Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
DRDGOLD Predictive Daily Indicators
DRDGOLD intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of DRDGOLD stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
DRDGOLD Forecast Models
DRDGOLD's time-series forecasting models are one of many DRDGOLD's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DRDGOLD's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding DRDGOLD to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD's price analysis, check to measure DRDGOLD'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 is operating at the current time. Most of DRDGOLD's value examination focuses on studying past and present price action to predict the probability of DRDGOLD'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's price. Additionally, you may evaluate how the addition of DRDGOLD to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |