Drdgold Limited Adr Stock Price on September 25, 2024
| DRD Stock | USD 8.62 0.17 1.93% |
Below is the normalized historical share price chart for DRDGOLD Limited ADR extending back to October 03, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DRDGOLD Limited stands at 8.62, as last reported on the 24th of December, with the highest price reaching 8.74 and the lowest price hitting 8.55 during the day.
If you're considering investing in DRDGOLD Stock, it is important to understand the factors that can impact its price. DRDGOLD Limited ADR secures Sharpe Ratio (or Efficiency) of -0.0705, which denotes the company had a -0.0705% return per unit of risk over the last 3 months. DRDGOLD Limited ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DRDGOLD Limited's Standard Deviation of 3.16, variance of 10.0, and Mean Deviation of 2.25 to check the risk estimate we provide.
At present, DRDGOLD Limited's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 9.9 B, whereas Common Stock is forecasted to decline to about 3.2 B. . At present, DRDGOLD Limited's Price Earnings Ratio is projected to increase based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 2.30, whereas Price Earnings To Growth Ratio is projected to grow to (0.11). DRDGOLD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of September 1996 | 200 Day MA 9.2185 | 50 Day MA 10.4008 | Beta 1.14 |
DRDGOLD |
Sharpe Ratio = -0.0705
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| Negative Returns | DRD |
Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DRDGOLD Limited 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 DRDGOLD Limited by adding DRDGOLD Limited to a well-diversified portfolio.
Price Book 1.9906 | Enterprise Value Ebitda 6.4242 | Price Sales 0.125 | Shares Float 427.2 M | Dividend Share 4 |
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DRDGOLD Limited Valuation on September 25, 2024
It is possible to determine the worth of DRDGOLD Limited on a given historical date. On September 25, 2024 DRDGOLD was worth 10.15 at the beginning of the trading date compared to the closed value of 10.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRDGOLD Limited stock. Still, in general, we apply an absolute valuation method to find DRDGOLD Limited'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 DRDGOLD Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRDGOLD Limited's related companies.
| Open | High | Low | Close | Volume | |
| 9.99 | 10.19 | 9.88 | 10.17 | 261,962 | |
09/25/2024 | 10.15 | 10.37 | 10.11 | 10.27 | 351,401 |
| 10.44 | 10.44 | 10.17 | 10.24 | 272,752 |
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DRDGOLD Limited Trading Date Momentum on September 25, 2024
| On September 26 2024 DRDGOLD Limited ADR was traded for 10.24 at the closing time. Highest DRDGOLD Limited's price during the trading hours was 10.44 and the lowest price during the day was 10.17 . The net volume was 272.8 K. The overall trading history on the 26th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.29% . The overall trading delta to current price is 5.36% . |
DRDGOLD Limited ADR Fundamentals Correlations and Trends
By evaluating DRDGOLD Limited'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 DRDGOLD Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DRDGOLD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DRDGOLD Limited Stock history
DRDGOLD Limited 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 DRDGOLD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DRDGOLD Limited ADR 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 DRDGOLD Limited stock prices may prove useful in developing a viable investing in DRDGOLD Limited
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 865.5 M | 908.8 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B |
DRDGOLD Limited Stock Technical Analysis
DRDGOLD Limited 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.
Price Boundaries
DRDGOLD Limited Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
DRDGOLD Limited ADR cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
DRDGOLD Limited December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how DRDGOLD Limited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DRDGOLD Limited shares will generate the highest return on investment. By undertsting and applying DRDGOLD Limited stock market strength indicators, traders can identify DRDGOLD Limited ADR entry and exit signals to maximize returns
DRDGOLD Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DRDGOLD Limited's price direction in advance. Along with the technical and fundamental analysis of DRDGOLD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRDGOLD 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.1488 |
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Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD Limited's price analysis, check to measure DRDGOLD Limited'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 Limited is operating at the current time. Most of DRDGOLD Limited's value examination focuses on studying past and present price action to predict the probability of DRDGOLD Limited'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 Limited's price. Additionally, you may evaluate how the addition of DRDGOLD Limited to your portfolios can decrease your overall portfolio volatility.
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