Royal Bank Stock Price Prediction

RY Stock  USD 100.88  0.48  0.48%   
At this time, The relative strength index (RSI) of Royal Bank's share price is at 56 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Royal Bank, making its price go up or down.

Oversold Vs Overbought

56

 
Oversold
 
Overbought
Royal Bank stock price prediction is an act of determining the future value of Royal Bank shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Royal Bank's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Royal Bank and does not consider all of the tangible or intangible factors available from Royal Bank's fundamental data. We analyze noise-free headlines and recent hype associated with Royal Bank, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Royal Bank's stock price prediction:
Quarterly Earnings Growth
0.121
EPS Estimate Current Year
8.36
EPS Estimate Next Year
9.04
Wall Street Target Price
99.5
EPS Estimate Current Quarter
2.06
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Royal Bank based on different types of headlines from major news networks to social media. The Royal stock price prediction module provides an analysis of price elasticity to changes in media outlook on Royal Bank over a specific investment horizon. Using Royal Bank hype-based prediction, you can estimate the value of Royal Bank from the perspective of Royal Bank response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Royal Bank using Royal Bank's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Royal using crowd psychology based on the activity and movement of Royal Bank's stock price.

Royal Bank Short Interest

A significant increase or decrease in Royal Bank's short interest from the previous month could be a good indicator of investor sentiment towards Royal. Short interest can provide insight into the potential direction of Royal Bank stock and how bullish or bearish investors feel about the market overall. An investor who is long Royal Bank may also wish to track short interest. As short interest increases, investors should be becoming more worried about Royal Bank and may potentially protect profits, hedge Royal Bank with its derivative instruments, or be ready for some potential downside.
200 Day MA
93.2495
Short Percent
0.0027
Short Ratio
8.49
Shares Short Prior Month
31.2 M
50 Day MA
98.3664

Royal Bank Hype to Price Pattern

Investor biases related to Royal Bank's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Royal Bank's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Royal Bank.

Royal Bank Implied Volatility

    
  16.0  
Royal Bank's implied volatility exposes the market's sentiment of Royal Bank stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Royal Bank's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Royal Bank stock will not fluctuate a lot when Royal Bank's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Royal Bank. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Royal Bank to buy its stock at a price that has no basis in reality. In that case, they are not buying Royal because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Royal Bank after-hype prediction price

    
  USD 100.88  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Royal contract

Based on the Rule 16, the options market is currently suggesting that Royal Bank will have an average daily up or down price movement of about 1.0% per day over the life of the 2024-04-19 option contract. With Royal Bank trading at USD 100.88, that is roughly USD 1.01 . If you think that the market is fully incorporating Royal Bank's daily price movement you should consider acquiring Royal Bank options at the current volatility level of 16.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Royal Bank Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Royal Stock please use our How to Invest in Royal Bank guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Royal Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
98.5199.38110.97
Details
Naive
Forecast
LowNextHigh
98.7099.56100.43
Details
17 Analysts
Consensus
LowTargetHigh
89.5598.41109.24
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.062.092.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Royal Bank. Your research has to be compared to or analyzed against Royal Bank's peers to derive any actionable benefits. When done correctly, Royal Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Royal Bank.

Royal Bank After-Hype Price Prediction Density Analysis

As far as predicting the price of Royal Bank at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Royal Bank or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Royal Bank, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Royal Bank Estimiated After-Hype Price Volatility

In the context of predicting Royal Bank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Royal Bank's historical news coverage. Royal Bank's after-hype downside and upside margins for the prediction period are 100.01 and 101.75, respectively. We have considered Royal Bank's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
100.88
100.01
Downside
100.88
After-hype Price
101.75
Upside
Royal Bank is very steady at this time. Analysis and calculation of next after-hype price of Royal Bank is based on 3 months time horizon.

Royal Bank Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Royal Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royal Bank backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Royal Bank, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.87
  0.04 
  0.02 
7 Events / Month
6 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
100.88
100.88
0.00 
58.00  
Notes

Royal Bank Hype Timeline

As of March 29, 2024 Royal Bank is listed for 100.88. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.02. Royal is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 58.0%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.03%. %. The volatility of related hype on Royal Bank is about 104.46%, with the expected price after the next announcement by competition of 100.90. About 51.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Royal Bank recorded earning per share (EPS) of 7.92. The entity last dividend was issued on the 24th of April 2024. The firm had 2:1 split on the 7th of April 2006. Allowing for the 90-day total investment horizon the next anticipated press release will be in about 7 days.
Check out Royal Bank Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Royal Stock please use our How to Invest in Royal Bank guide.

Royal Bank Related Hype Analysis

Having access to credible news sources related to Royal Bank's direct competition is more important than ever and may enhance your ability to predict Royal Bank's future price movements. Getting to know how Royal Bank rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Royal Bank may potentially react to the hype associated with one of its peers.

Royal Bank Additional Predictive Modules

Most predictive techniques to examine Royal price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Royal using various technical indicators. When you analyze Royal charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Royal Bank Predictive Indicators

The successful prediction of Royal Bank stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Royal Bank, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Royal Bank based on analysis of Royal Bank hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Royal Bank's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Royal Bank's related companies.
 2021 2022 2023 2024 (projected)
Price To Sales Ratio3.632.742.462.12
Price Earnings Ratio11.210.3711.9214.22

Story Coverage note for Royal Bank

The number of cover stories for Royal Bank depends on current market conditions and Royal Bank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Royal Bank is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Royal Bank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Royal Bank Short Properties

Royal Bank's future price predictability will typically decrease when Royal Bank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Royal Bank often depends not only on the future outlook of the potential Royal Bank's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Royal Bank's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.4 B
Cash And Short Term Investments212 B
When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Stock:
Check out Royal Bank Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Royal Stock please use our How to Invest in Royal Bank guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Royal Stock analysis

When running Royal Bank's price analysis, check to measure Royal Bank'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 Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank'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 Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.
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Is Royal Bank'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 Royal Bank. If investors know Royal 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 Royal Bank 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
0.121
Dividend Share
5.4
Earnings Share
7.92
Revenue Per Share
38.304
Quarterly Revenue Growth
(0.01)
The market value of Royal Bank is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Bank's value that differs from its market value or its book value, called intrinsic value, which is Royal Bank'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 Royal Bank's market value can be influenced by many factors that don't directly affect Royal Bank'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 Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank'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.