Use Royal to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals
1 Month Beta ..........
1.24
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Royal will likely underperform.
David O'Brien Independent Chairman of the Board, Ph.D
Royal Price and Market Media
The median price of Royal for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 53.31 with a coefficient of variation of 5.37. The daily time series for the period is distributed with a sample standard deviation of 2.87, arithmetic mean of 53.38, and mean deviation of 2.36. The Stock received some media coverage during the period.
Royal Bank of Canada [RY] is traded on American Stock Exchange in USA. It is located in Toronto, ON MJ J and employs 68,337 people. The company currently falls under 'Large-Cap' category with market capitalization of 70.39 B. Royal Bank of Canada is active under Financial sector as part of Money Center Banks industry. This company has 1.44 B outstanding shares of which 13.73 M shares are at this time sold short in the market by investors with about 18.2 days to cover all shorted shares.
Royal Liquidity
ROYAL BANK OF CAN reports about 337.35 B in cash with 5.85 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 234.03 which can makes it an attractive takeover target, given it will continue generating positive cash flow.