Drdgold Limited Adr Stock Alpha and Beta Analysis
| DRD Stock | USD 13.89 0.25 1.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as DRDGOLD Limited ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in DRDGOLD Limited over a specified time horizon. Remember, high DRDGOLD Limited'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 DRDGOLD Limited's market risk premium analysis include:
Beta (0.16) | Alpha 0.62 | Risk 3.45 | Sharpe Ratio 0.22 | Expected Return 0.75 |
DRDGOLD Limited Quarterly Cash And Equivalents |
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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.
DRDGOLD |
DRDGOLD Limited Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. DRDGOLD Limited market risk premium is the additional return an investor will receive from holding DRDGOLD Limited 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 DRDGOLD Limited. 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 DRDGOLD Limited's performance over market.| α | 0.62 | β | -0.16 |
DRDGOLD Limited 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 DRDGOLD Limited's Buy-and-hold return. Our buy-and-hold chart shows how DRDGOLD Limited performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.DRDGOLD Limited Market Price Analysis
Market price analysis 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 understating and applying DRDGOLD Limited stock market price indicators, traders can identify DRDGOLD Limited position entry and exit signals to maximize returns.
DRDGOLD Limited Return and Market Media
The median price of DRDGOLD Limited for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 10.08 with a coefficient of variation of 13.98. The daily time series for the period is distributed with a sample standard deviation of 1.44, arithmetic mean of 10.3, and mean deviation of 1.14. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | DRDGOLD Price Target Raised to 17.25 | 01/22/2025 |
2 | DRDGOLD Upgraded to Strong Buy What Does It Mean for the Stock | 01/23/2025 |
3 | How DRDGOLD Limited Continues to Expand in Gold Tailings Retreatment | 02/11/2025 |
4 | Half Year 2025 DRDGOLD Ltd Earnings Call Transcript | 02/19/2025 |
5 | DRDGOLD Price Target Lowered to 16.25 at HC Wainwright | 02/20/2025 |
6 | Are Basic Materials Stocks Lagging Alamos Gold This Year | 02/26/2025 |
7 | DRDGold Ltd Shares Up 4.18 percent on Mar 3 | 03/03/2025 |
8 | DRDGOLD Shares Gap Down Time to Sell | 03/12/2025 |
About DRDGOLD Limited 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 DRDGOLD or other stocks. Alpha measures the amount that position in DRDGOLD Limited ADR 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 | 2023 (projected) | Dividend Yield | 0.6 | 0.3 | 0.53 | Price To Sales Ratio | 0.17 | 0.31 | 0.22 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DRDGOLD Limited in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DRDGOLD Limited's short interest history, or implied volatility extrapolated from DRDGOLD Limited options trading.
Build Portfolio with DRDGOLD Limited
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 DRDGOLD Limited Backtesting, DRDGOLD Limited Valuation, DRDGOLD Limited Correlation, DRDGOLD Limited Hype Analysis, DRDGOLD Limited Volatility, DRDGOLD Limited History and analyze DRDGOLD Limited Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.