Drdgold Limited Adr Stock Buy Hold or Sell Recommendation
| DRD Stock | USD 7.91 0.64 7.49% |
Considering the 90-day investment horizon and your bold attitude towards risk, our recommendation regarding DRDGOLD Limited ADR is 'Buy'. Macroaxis provides DRDGOLD Limited buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DRD positions. The advice algorithm takes into account all of DRDGOLD Limited's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting DRDGOLD Limited's buy or sell advice are summarized below:
Real Value 10.15 | Target Price 17 | Hype Value 7.9 | Market Value 7.91 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell DRDGOLD Limited ADR given historical horizon and risk tolerance towards DRDGOLD Limited. When Macroaxis issues a 'buy' or 'sell' recommendation for DRDGOLD Limited ADR, the advice is generated through an automated system that utilizes algorithms and statistical models.
DRDGOLD |
Execute DRDGOLD Limited Buy or Sell Advice
The DRDGOLD recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DRDGOLD Limited ADR. Macroaxis does not own or have any residual interests in DRDGOLD Limited ADR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DRDGOLD Limited's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
DRDGOLD Limited Trading Alerts and Improvement Suggestions
| DRDGOLD Limited ADR had very high historical volatility over the last 90 days | |
| DRDGOLD Limited ADR is unlikely to experience financial distress in the next 2 years | |
| DRDGOLD Limited ADR has a strong financial position based on the latest SEC filings | |
| On 21st of March 2024 DRDGOLD Limited paid $ 0.1058 per share dividend to its current shareholders | |
| Latest headline from news.google.com: SG Americas Securities LLC Decreases Holdings in DRDGOLD Limited - Defense World |
DRDGOLD Limited Returns Distribution Density
The distribution of DRDGOLD Limited's historical returns is an attempt to chart the uncertainty of DRDGOLD Limited's future price movements. The chart of the probability distribution of DRDGOLD Limited daily returns describes the distribution of returns around its average expected value. We use DRDGOLD Limited ADR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DRDGOLD Limited returns is essential to provide solid investment advice for DRDGOLD Limited.
| Mean Return | 0.16 | Value At Risk | -3.99 | Potential Upside | 5.23 | Standard Deviation | 3.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DRDGOLD Limited historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
DRDGOLD Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as DRDGOLD Limited is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DRDGOLD Limited ADR backward and forwards among themselves. DRDGOLD Limited's institutional investor refers to the entity that pools money to purchase DRDGOLD Limited's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Guggenheim Capital Llc | 2023-12-31 | 104.1 K | Ajovista Llc | 2023-12-31 | 99.6 K | Hrt Financial Llc | 2023-12-31 | 95.3 K | Bessemer Group Inc | 2023-12-31 | 87.2 K | Advisor Group Holdings, Inc. | 2023-12-31 | 84.6 K | Walleye Trading Advisors, Llc | 2023-12-31 | 73.9 K | Trexquant Investment Lp | 2023-12-31 | 72.6 K | Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 68.9 K | Susquehanna International Group, Llp | 2023-12-31 | 64.2 K | Van Eck Associates Corporation | 2023-12-31 | 6.1 M | Millennium Management Llc | 2023-12-31 | 999.1 K |
DRDGOLD Limited Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (26.4M) | (44.7M) | (18.9M) | (13.6M) | (12.2M) | (11.6M) | |
| Change In Cash | 1.4B | 464.9M | 345.6M | (54.2M) | (62.3M) | (59.2M) | |
| Free Cash Flow | 947.8M | 1.2B | 913.7M | 510.4M | 587.0M | 616.3M | |
| Depreciation | 270.8M | 252.5M | 267.6M | 217.5M | 250.1M | 171.5M | |
| Other Non Cash Items | (596.8M) | (419.5M) | (324.4M) | (327.1M) | (294.4M) | (279.7M) | |
| Capital Expenditures | 181.1M | 395.7M | 584.1M | 1.1B | 1.3B | 1.4B | |
| Net Income | 978.9M | 1.4B | 1.1B | 1.3B | 1.5B | 1.5B | |
| End Period Cash Flow | 1.7B | 2.2B | 2.5B | 2.5B | 2.8B | 3.0B | |
| Investments | (202.5M) | (446.6M) | (28.9M) | (1.2B) | (1.1B) | (1.0B) | |
| Net Borrowings | (11.4M) | (11.6M) | (19.7M) | (16.9M) | (15.2M) | (14.4M) | |
| Change To Netincome | 263.1M | 75.9M | (1.5M) | 112.5M | 129.4M | 135.8M |
DRDGOLD Limited Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to DRDGOLD Limited or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that DRDGOLD Limited's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a DRDGOLD stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.0035 | |
β | Beta against NYSE Composite | 1.97 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | 0.02 |
DRDGOLD Limited Volatility Alert
DRDGOLD Limited ADR currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DRDGOLD Limited's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DRDGOLD Limited's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.DRDGOLD Limited Fundamentals Vs Peers
Comparing DRDGOLD Limited's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze DRDGOLD Limited's direct or indirect competition across all of the common fundamentals between DRDGOLD Limited and the related equities. This way, we can detect undervalued stocks with similar characteristics as DRDGOLD Limited or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of DRDGOLD Limited's fundamental indicators could also be used in its relative valuation, which is a method of valuing DRDGOLD Limited by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare DRDGOLD Limited to competition |
| Fundamentals | DRDGOLD Limited | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 5.32 B | 16.62 B |
| Shares Outstanding | 86.15 M | 571.82 M |
| Shares Owned By Institutions | 15.93 % | 39.21 % |
| Number Of Shares Shorted | 1.28 M | 4.71 M |
| Price To Earning | 6.60 X | 28.72 X |
| Price To Book | 2.18 X | 9.51 X |
| Price To Sales | 0.13 X | 11.42 X |
| Revenue | 5.5 B | 9.43 B |
| Gross Profit | 1.59 B | 27.38 B |
| EBITDA | 1.88 B | 3.9 B |
| Net Income | 1.28 B | 570.98 M |
| Cash And Equivalents | 2.47 B | 2.7 B |
| Cash Per Share | 29.44 X | 5.01 X |
| Total Debt | 39.7 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 4.92 X | 2.16 X |
| Book Value Per Share | 73.14 X | 1.93 K |
| Cash Flow From Operations | 1.66 B | 971.22 M |
| Short Ratio | 3.20 X | 4.00 X |
| Earnings Per Share | 0.77 X | 3.12 X |
| Target Price | 13.25 | |
| Number Of Employees | 927 | 18.84 K |
| Beta | 1.35 | -0.15 |
| Market Capitalization | 737.68 M | 19.03 B |
| Total Asset | 8.15 B | 29.47 B |
| Retained Earnings | 86.2 M | 9.33 B |
| Working Capital | 2.5 B | 1.48 B |
| Current Asset | 57.55 M | 9.34 B |
| Current Liabilities | 31.92 M | 7.9 B |
DRDGOLD Limited Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as DRDGOLD . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About DRDGOLD Limited Buy or Sell Advice
When is the right time to buy or sell DRDGOLD Limited ADR? Buying financial instruments such as DRDGOLD Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 52.3M | 39.7M | 35.7M | 33.9M | Total Assets | 7.1B | 8.2B | 9.4B | 9.8B |
Use Investing Ideas to Build Portfolios
In addition to having DRDGOLD Limited in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
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Check out DRDGOLD Limited Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD Limited's price analysis, check to measure DRDGOLD Limited'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 Limited is operating at the current time. Most of DRDGOLD Limited's value examination focuses on studying past and present price action to predict the probability of DRDGOLD Limited'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 Limited's price. Additionally, you may evaluate how the addition of DRDGOLD Limited to your portfolios can decrease your overall portfolio volatility.
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Is DRDGOLD Limited'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 Limited. 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 Limited 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 0.77 | Revenue Per Share 67.565 | Quarterly Revenue Growth 0.121 |
The market value of DRDGOLD Limited 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 Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited'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 Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited'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 Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited'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.