Royal Gold Stock Alpha and Beta Analysis
| RGLD Stock | USD 147.34 1.08 0.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Royal Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Royal Gold over a specified time horizon. Remember, high Royal Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Royal Gold's market risk premium analysis include:
Beta 0.21 | Alpha 0.0449 | Risk 1.58 | Sharpe Ratio 0.0895 | Expected Return 0.14 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Royal Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Royal Gold market risk premium is the additional return an investor will receive from holding Royal Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Royal Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Royal Gold's performance over market.| α | 0.04 | β | 0.21 |
Royal Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Royal Gold's Buy-and-hold return. Our buy-and-hold chart shows how Royal Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Royal Gold Market Price Analysis
Market price analysis 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 understating and applying Royal Gold stock market price indicators, traders can identify Royal Gold position entry and exit signals to maximize returns.
Royal Gold Return and Market Media
The median price of Royal Gold for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 143.37 with a coefficient of variation of 3.62. The daily time series for the period is distributed with a sample standard deviation of 5.2, arithmetic mean of 143.63, and mean deviation of 4.41. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by Raffield Martin of Royal Gold at 143.19 subject to Rule 16b-3 | 09/13/2024 |
2 | Zacks Market Edge Highlights GLD, GLDM, Newmont, Barrick Gold and Royal Gold | 09/16/2024 |
3 | Returns On Capital Are Showing Encouraging Signs At Royal Gold | 10/10/2024 |
| Royal Gold dividend paid on 18th of October 2024 | 10/18/2024 |
4 | Earnings call Centerra Gold maintains guidance amid strong Q3 performance | 11/01/2024 |
5 | Royal Gold Inc Q3 2024 Earnings Call Highlights Record Revenue and Debt-Free Status ... | 11/08/2024 |
6 | Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, November 27, 2024 | 11/13/2024 |
7 | Acquisition by Mark Isto of 6602 shares of Royal Gold at 77.73 subject to Rule 16b-3 | 11/18/2024 |
8 | Royal Gold Announces the 24th Consecutive Annual Increase in the Common Stock Dividend to 1.80 Per Share for 2025, a 12.5 percent Increase over the 2024 Dividen... | 11/19/2024 |
9 | Ontario Teachers Pension Plan Board Has 1.90 Million Holdings in Royal Gold, Inc. | 11/20/2024 |
10 | GFI or RGLD Which Is the Better Value Stock Right Now | 11/22/2024 |
11 | Acquisition by Mark Isto of 1200 shares of Royal Gold at 83.29 subject to Rule 16b-3 | 11/29/2024 |
About Royal Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Royal or other stocks. Alpha measures the amount that position in Royal Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0114 | 0.0124 | 0.008 | Price To Sales Ratio | 10.74 | 12.25 | 12.45 |
Royal Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of Royal Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Royal Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Royal Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Royal Gold. Please utilize our Beneish M Score to check the likelihood of Royal Gold's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Royal Gold
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Royal Gold Backtesting, Royal Gold Valuation, Royal Gold Correlation, Royal Gold Hype Analysis, Royal Gold Volatility, Royal Gold History and analyze Royal Gold Performance. For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.