RGLD·Royal Gold, Inc.

Realized volatility (21d)

29.6% 46th pct

Below its peak

-23.9%

vs 200-day average

-4.5%

Up days (1y)

49%

Royal Gold, Inc. is currently running 29.6% annualised volatility over the last 21 sessions. Measured against RGLD's own 13 years of daily returns rather than a market-wide average, that is the 46th percentile — close to its own typical level, against a typical reading of 30.4%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

RGLD is trading -23.9% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -28.1%, and the deepest was -54.2% in 2015. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits -4.5% from its 200-day moving average. Against every other day in its history, that gap ranks at the 28th percentile — a narrower gap than it typically runs. Over the past year RGLD closed higher on 49% of sessions, and it is currently 2 sessions into a falling streak.

On October specifically: over 14 years of records, RGLD finished the month higher 5 of 14 times, with a median return of -1.3% and an average of -2.4%. Its strongest month historically has been February at +4.5% on average, its weakest September at -3.2%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: RGLD has opened more than 2% away from the prior close in 242 of 3,268 sessions (7.4% of the time), with the largest gaps running +10.1% and -12.7%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against RGLD's own 13-year history, not a peer group or index.