Royal Gold Stock Price on May 9, 2024
| RGLD Stock | USD 128.61 0.42 0.33% |
Below is the normalized historical share price chart for Royal Gold extending back to November 05, 1984. 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 Royal Gold stands at 128.61, as last reported on the 4th of June, with the highest price reaching 129.24 and the lowest price hitting 127.86 during the day.
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. Royal Gold appears to be very steady, given 3 months investment horizon. Royal Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Royal Gold, which you can use to evaluate the volatility of the company. Please evaluate Royal Gold's Coefficient Of Variation of 495.84, risk adjusted performance of 0.1332, and Semi Deviation of 1.27 to confirm if our risk estimates are consistent with your expectations.
At present, Royal Gold'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 4.3 B, whereas Common Stock Total Equity is forecasted to decline to about 716.7 K. . At present, Royal Gold's Price Earnings To Growth Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 20.04, whereas Price Earnings Ratio is forecasted to decline to 19.46. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 115.2704 | 50 Day MA 123.9896 | Beta 0.647 |
Royal |
Sharpe Ratio = 0.1434
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Royal Gold is performing at about 11% 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 Royal Gold by adding it to a well-diversified portfolio.
Price Book 2.7322 | Enterprise Value Ebitda 16.8075 | Price Sales 12.2333 | Shares Float 65.3 M | Dividend Share 0.6 |
Royal Gold Main Headline on 9th of May 2024
Royal Gold stock target cut on mixed Q1 earnings by investing.com
Royal Gold stock target cut on mixed Q1 earnings
Royal Gold Valuation on May 9, 2024
It is possible to determine the worth of Royal Gold on a given historical date. On May 9, 2024 Royal was worth 124.0 at the beginning of the trading date compared to the closed value of 125.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royal Gold stock. Still, in general, we apply an absolute valuation method to find Royal Gold'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 Royal Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royal Gold's related companies.
| Open | High | Low | Close | Volume | |
| 123.30 | 124.16 | 122.51 | 123.41 | 380,397 | |
05/09/2024 | 124.00 | 125.83 | 121.98 | 125.37 | 439,343 |
| 126.76 | 128.20 | 125.37 | 127.24 | 397,226 |
| Backtest Royal Gold | | | Royal Gold History | | | Royal Gold Valuation | Previous | Next |
Royal Gold Trading Date Momentum on May 9, 2024
| On May 10 2024 Royal Gold was traded for 127.24 at the closing time. The top price for the day was 128.20 and the lowest listed price was 125.37 . The trading volume for the day was 397.2 K. The trading history from May 10, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.49% . The trading delta at closing time against the current closing price is 6.76% . |
Royal Gold Fundamentals Correlations and Trends
By evaluating Royal Gold'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 Royal Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royal Gold Stock history
Royal Gold 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 Royal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royal Gold 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 Royal Gold stock prices may prove useful in developing a viable investing in Royal Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75.5 M | 79.3 M | |
| Net Income Applicable To Common Shares | 274.8 M | 288.6 M |
Royal Gold Quarterly Net Working Capital |
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Royal Gold Stock Technical Analysis
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.
Price Boundaries
Royal Gold Period Price Range
Low | May 9, 2024
| High |
124.00 | 125.37 |
Royal Gold June 4, 2024 Market Strength
Market strength 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 undertsting and applying Royal Gold stock market strength indicators, traders can identify Royal Gold entry and exit signals to maximize returns
| Accumulation Distribution | 13442.51 | |||
| Daily Balance Of Power | 0.3558 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 123.91 | |||
| Day Typical Price | 124.39 | |||
| Price Action Indicator | 2.15 | |||
| Period Momentum Indicator | 3.24 | |||
| Relative Strength Index | 60.17 |
Royal Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royal Gold's price direction in advance. Along with the technical and fundamental analysis of Royal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royal 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 | 0.1332 | |||
| Jensen Alpha | 0.3732 | |||
| Total Risk Alpha | 0.2917 | |||
| Sortino Ratio | 0.2001 | |||
| Treynor Ratio | (2.58) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Royal Stock analysis
When running Royal Gold's price analysis, check to measure Royal Gold'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 Royal Gold is operating at the current time. Most of Royal Gold's value examination focuses on studying past and present price action to predict the probability of Royal Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Gold's price. Additionally, you may evaluate how the addition of Royal Gold to your portfolios can decrease your overall portfolio volatility.
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