Royal Gold Stock Price on October 2, 2019

RGLD Stock  USD 119.19  9.13  8.30%   
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 119.19, as last reported on the 28th of March, with the highest price reaching 119.87 and the lowest price hitting 111.43 during the day.
IPO Date
26th of March 1990
200 Day MA
113.2993
50 Day MA
111.2904
Beta
0.647
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. We consider Royal Gold very steady. Royal Gold maintains Sharpe Ratio (i.e., Efficiency) of 9.0E-4, which implies the firm had a 9.0E-4% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Royal Gold, which you can use to evaluate the volatility of the company. Please check Royal Gold's Risk Adjusted Performance of 0.0048, coefficient of variation of (22,666), and Variance of 3.96 to confirm if the risk estimate we provide is consistent with the expected return of 0.0018%.
  
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 To Sales Ratio is forecasted to decline to 12.45. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 9.0E-4

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Estimated Market Risk

 2.05
  actual daily
18
82% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Royal Gold 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 Royal Gold by adding Royal Gold to a well-diversified portfolio.
Price Book
2.7105
Enterprise Value Ebitda
16.6764
Price Sales
12.1362
Shares Float
65.3 M
Dividend Share
0.6

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 ReportedProjected for 2024
Common Stock Shares Outstanding75.5 M79.3 M
Net Income Applicable To Common Shares274.8 M288.6 M

Royal Gold Quarterly Net Working Capital

95 Million

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.
A focus of Royal Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Royal Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Royal Gold Period Price Range

Royal Gold March 28, 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

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.
When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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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Is Royal Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.142
Dividend Share
0.6
Earnings Share
3.63
Revenue Per Share
9.842
Quarterly Revenue Growth
0.059
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.