Royal Gold Stock Price on March 3, 2024

RGLD Stock  USD 147.76  0.61  0.41%   
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 147.76, as last reported on the 4th of December, with the highest price reaching 148.92 and the lowest price hitting 147.35 during the day.
IPO Date
26th of March 1990
200 Day MA
131.0848
50 Day MA
145.5218
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. At this point, Royal Gold is very steady. Royal Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.086, which implies the firm had a 0.086% 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 check Royal Gold's Coefficient Of Variation of 1567.68, risk adjusted performance of 0.054, and Semi Deviation of 1.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At present, Royal Gold's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.3 B, whereas Common Stock 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 19.47. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.086

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskRGLDHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Royal Gold is performing at about 6% 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
3.1885
Enterprise Value Ebitda
18.1008
Price Sales
15.1221
Shares Float
65.3 M
Dividend Share
0.6

Royal Gold Main Headline on 1st of March 2024

Filed transaction by Royal Gold Officer: Svp, Operations. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Royal Gold Valuation on March 3, 2024

It is possible to determine the worth of Royal Gold on a given historical date. On March 3, 2024 Royal was worth 102.64 at the beginning of the trading date compared to the closed value of 104.68. 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
  101.54    102.20    100.83    101.69    491,344  
03/01/2024
  102.64    105.62    101.00    104.68    490,673  
  106.59    110.54    106.53    109.33    595,035  
Backtest Royal Gold  |  Royal Gold History  |  Royal Gold Valuation   PreviousNext  
Open Value
102.64
104.68
Closing Value
107.36
Upside

Royal Gold Trading Date Momentum on March 3, 2024

On March 04 2024 Royal Gold was traded for  109.33  at the closing time. The top price for the day was 110.54  and the lowest listed price was  106.53 . The trading volume for the day was 595 K. The trading history from March 4, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 4.44% . The trading delta at closing time against the current closing price is 6.95% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding65.7 M36.6 M

Royal Gold Quarterly Net Working Capital

115.78 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

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Royal Gold cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Royal Gold December 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

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.

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.
Global Correlations
Find global opportunities by holding instruments from different markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance