Royal Bank Of Stock Performance
| RY Stock | CAD 135.93 1.36 1.01% |
Royal Bank has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Royal Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Royal Bank is expected to be smaller as well. Royal Bank right now holds a risk of 0.74%. Please check Royal Bank expected short fall, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Royal Bank will be following its historical price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Royal Bank of are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Royal Bank is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0406 | Payout Ratio 0.3966 | Last Split Factor 2:1 | Forward Dividend Rate 5.52 | Dividend Date 2024-05-24 |
1 | Palantir Technologies Earns Underperform Rating from Royal Bank of Canada - MarketBeat | 02/06/2024 |
2 | Royal Bank of Canada stock remains steady Friday, underperforms market - MarketWatch | 02/16/2024 |
3 | Royal Bank of Canada Stock Buy, Sell, or Hold Today - The Motley Fool Canada | 02/23/2024 |
4 | Royal Bank of Canada Expected to Earn Q2 2024 Earnings of 2.66 Per Share - AmericanBankingNEWS | 03/01/2024 |
5 | Dowlais Group Given Outperform Rating at Royal Bank of Canada - MarketBeat | 03/22/2024 |
6 | Royal Bank of Canada is Value Partners Investments Inc.s 9th Largest Position - MarketBeat | 04/10/2024 |
7 | MT Bank Given Outperform Rating at Royal Bank of Canada - MarketBeat | 04/16/2024 |
8 | Royal Bank of Canada Shares Acquired by Simplicity Solutions LLC - Defense World | 04/19/2024 |
| Begin Period Cash Flow | 72.4 B |
Royal |
Royal Bank Relative Risk vs. Return Landscape
If you would invest 13,234 in Royal Bank of on January 24, 2024 and sell it today you would earn a total of 359.00 from holding Royal Bank of or generate 2.71% return on investment over 90 days. Royal Bank of is currently producing 0.0459% returns and takes up 0.7448% volatility of returns over 90 trading days. Put another way, 6% of traded stocks are less volatile than Royal, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Royal Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Royal Bank of, and traders can use it to determine the average amount a Royal Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0616
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RY |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Royal Bank is performing at about 4% 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 Bank by adding it to a well-diversified portfolio.
Royal Bank Fundamentals Growth
Royal Stock prices reflect investors' perceptions of the future prospects and financial health of Royal Bank, and Royal Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Royal Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (30.92 B) | ||||
| Shares Outstanding | 1.41 B | ||||
| Price To Earning | 16.69 X | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 3.58 X | ||||
| Revenue | 56.26 B | ||||
| Gross Profit | 48.5 B | ||||
| EBITDA | 40.8 B | ||||
| Net Income | 14.86 B | ||||
| Cash And Equivalents | 701.08 B | ||||
| Cash Per Share | 503.75 X | ||||
| Total Debt | 111.39 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 76.95 X | ||||
| Cash Flow From Operations | 26.08 B | ||||
| Earnings Per Share | 10.77 X | ||||
| Market Capitalization | 192.19 B | ||||
| Total Asset | 2 T | ||||
| Retained Earnings | 84.33 B | ||||
About Royal Bank Performance
To evaluate Royal Bank Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Royal Bank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Royal Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Royal Bank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Royal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.12 |
Things to note about Royal Bank performance evaluation
Checking the ongoing alerts about Royal Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Royal Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Royal Bank of Canada Shares Acquired by Simplicity Solutions LLC - Defense World |
- Analyzing Royal Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Royal Bank's stock is overvalued or undervalued compared to its peers.
- Examining Royal Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Royal Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Royal Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Royal Bank's stock. These opinions can provide insight into Royal Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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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