DRDGOLD Limiteds Share Price Is Matching Sentiment Around Its Earnings - Simply Wall St
| DRD Stock | 1,780 1.00 0.06% |
About 55% of DRDGOLD's investor base is interested to short. The analysis of current outlook of investing in DRDGOLD Limited suggests that many traders are impartial regarding DRDGOLD's prospects. The current market sentiment, together with DRDGOLD's historical and current headlines, can help investors time the market. In addition, many technical investors use DRDGOLD Limited stock news signals to limit their universe of possible portfolio assets.
DRDGOLD stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of DRDGOLD daily returns and investor perception about the current price of DRDGOLD Limited as well as its diversification or hedging effects on your existing portfolios.
DRDGOLD |
DRDGOLD Limiteds Share Price Is Matching Sentiment Around Its Earnings Simply Wall St
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DRDGOLD Fundamental Analysis
We analyze DRDGOLD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DRDGOLD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DRDGOLD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
DRDGOLD is rated # 5 in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
DRDGOLD Limited Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DRDGOLD stock to make a market-neutral strategy. Peer analysis of DRDGOLD could also be used in its relative valuation, which is a method of valuing DRDGOLD by comparing valuation metrics with similar companies.
Peers
DRDGOLD Related Equities
| SSW | Sibanye Stillwater | 3.24 | ||||
| ANG | AngloGold Ashanti | 3.06 | ||||
| GFI | Gold Fields | 0.32 | ||||
| HAR | Harmony Gold | 0.11 | ||||
| DRD | DRDGOLD | 0.06 | ||||
| PAN | Pan African | 1.49 |
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.
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