Drdgold Ltd Adr Stock Performance
DRD Stock | USD 8.02 0.14 1.78% |
DRDGOLD has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.42, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DRDGOLD will likely underperform. DRDGOLD Ltd ADR now shows a risk of 3.08%. Please confirm DRDGOLD Ltd ADR treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if DRDGOLD Ltd ADR will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Low | High |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in DRDGOLD Ltd ADR are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, DRDGOLD is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 1.78 | Five Day Return 1.26 | Year To Date Return 1.78 | Ten Year Return 104.59 | All Time Return (93.45) |
Forward Dividend Yield 0.0567 | Payout Ratio 0.4015 | Last Split Factor 1:10 | Forward Dividend Rate 0.45 | Dividend Date 2024-03-21 |
1 | DRDGOLD Rating Increased to Buy at StockNews.com | 01/18/2024 |
2 | DRDGOLD Set to Announce Quarterly Earnings on Wednesday - MarketBeat | 02/07/2024 |
3 | Jump Financial LLC Takes Position in DRDGOLD Limited - Defense World | 02/15/2024 |
4 | DRDGOLDs Solid Profits Have Weak Fundamentals | 02/21/2024 |
5 | Estimating The Fair Value Of DRDGOLD Limited | 02/28/2024 |
6 | Is DRDGOLD Limited Outperforming Other Basic Materials Stocks This Year | 03/13/2024 |
DRDGOLD dividend paid on 21st of March 2024 | 03/21/2024 |
7 | DRDGOLD Shares Gap Up to 7.87 - MarketBeat | 03/26/2024 |
Begin Period Cash Flow | 2.5 B | |
Total Cashflows From Investing Activities | -1.2 B |
DRDGOLD |
DRDGOLD Relative Risk vs. Return Landscape
If you would invest 784.00 in DRDGOLD Ltd ADR on December 29, 2023 and sell it today you would earn a total of 18.00 from holding DRDGOLD Ltd ADR or generate 2.3% return on investment over 90 days. DRDGOLD Ltd ADR is generating 0.083% of daily returns assuming volatility of 3.0774% on return distribution over 90 days investment horizon. In other words, 27% of stocks are less volatile than DRDGOLD, and above 99% of all equities are expected to generate higher returns over the next 90 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 Ltd ADR, 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 = 0.027
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Estimated Market Risk
3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average DRDGOLD is performing at about 2% 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 | 0.12 | ||||
Current Valuation | 572.42 M | ||||
Shares Outstanding | 86.15 M | ||||
Price To Earning | 6.60 X | ||||
Price To Book | 2.06 X | ||||
Price To Sales | 0.12 X | ||||
Revenue | 5.5 B | ||||
Gross Profit | 1.59 B | ||||
EBITDA | 1.88 B | ||||
Net Income | 1.28 B | ||||
Cash And Equivalents | 2.47 B | ||||
Cash Per Share | 29.44 X | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 4.92 X | ||||
Cash Flow From Operations | 1.66 B | ||||
Earnings Per Share | 0.78 X | ||||
Total Asset | 8.15 B | ||||
Retained Earnings | 86.2 M | ||||
Current Asset | 57.55 M | ||||
About DRDGOLD Performance
To evaluate DRDGOLD Ltd ADR Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when DRDGOLD generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare DRDGOLD Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand DRDGOLD Ltd ADR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents DRDGOLD's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.17 | 0.18 | |
Return On Assets | 0.14 | 0.15 | |
Return On Equity | 0.23 | 0.22 |
Things to note about DRDGOLD Ltd ADR 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 Ltd ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.DRDGOLD Ltd ADR had very high historical volatility over the last 90 days | |
DRDGOLD Ltd ADR is unlikely to experience financial distress in the next 2 years | |
DRDGOLD Ltd ADR has a strong financial position based on the latest SEC filings | |
On 21st of March 2024 DRDGOLD paid $ 0.1058 per share dividend to its current shareholders | |
Latest headline from news.google.com: DRDGOLD Shares Gap Up to 7.87 - MarketBeat |
- 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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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Is DRDGOLD'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 DRDGOLD. If investors know DRDGOLD 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 DRDGOLD 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 0.095 | Dividend Share 8.5 | Earnings Share 0.78 | Revenue Per Share 67.565 | Quarterly Revenue Growth 0.121 |
The market value of DRDGOLD Ltd ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD'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 DRDGOLD's market value can be influenced by many factors that don't directly affect DRDGOLD'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 DRDGOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD'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.