DRDGOLD (South Africa) Performance
| DRD Stock | 2,667 12.00 0.45% |
On a scale of 0 to 100, DRDGOLD holds a performance score of 21. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, DRDGOLD's returns are expected to increase less than the market. However, during the bear market, the loss of holding DRDGOLD is expected to be smaller as well. Please check DRDGOLD's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether DRDGOLD's price patterns will revert.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in DRDGOLD Limited are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, DRDGOLD exhibited solid returns over the last few months and may actually be approaching a breakup point. ...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 164,000 in DRDGOLD Limited on December 21, 2024 and sell it today you would earn a total of 102,700 from holding DRDGOLD Limited or generate 62.62% return on investment over 90 days. DRDGOLD Limited is generating 0.8309% of daily returns and assumes 2.9988% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than DRDGOLD, and 84% of all equity instruments are likely to generate higher returns than the company 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 stocks, such as DRDGOLD Limited, 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 = 0.2771
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average DRDGOLD is performing at about 21% 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 Stock 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 Stock performance.
| Return On Equity | 0.22 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 7.46 B | |||
| Shares Outstanding | 857.98 M | |||
| Price To Book | 1.82 X | |||
| Price To Sales | 2.01 X | |||
| Revenue | 5.12 B | |||
| EBITDA | 1.8 B | |||
| Book Value Per Share | 63.40 X | |||
| Cash Flow From Operations | 1.5 B | |||
| Earnings Per Share | 1.31 X | |||
| Total Asset | 7.08 B | |||
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.
Things to note about DRDGOLD Limited performance evaluation
Checking the ongoing alerts about DRDGOLD for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for DRDGOLD Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 stock. These opinions can provide insight into DRDGOLD's potential for growth and whether the stock is currently undervalued or overvalued.
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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