Royce Global Value Stock Buy Hold or Sell Recommendation
| RGT Stock | USD 10.02 0.05 0.50% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Royce Global Value is 'Strong Hold'. Macroaxis provides Royce Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RGT positions. The advice algorithm takes into account all of Royce Global's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Royce Global's buy or sell advice are summarized below:
Real Value 10.16 | Hype Value 10.02 | Market Value 10.02 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Royce Global Value given historical horizon and risk tolerance towards Royce Global. When Macroaxis issues a 'buy' or 'sell' recommendation for Royce Global Value, the advice is generated through an automated system that utilizes algorithms and statistical models.
Royce |
Execute Royce Global Buy or Sell Advice
The Royce recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Royce Global Value. Macroaxis does not own or have any residual interests in Royce Global Value or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Royce Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Royce Global Trading Alerts and Improvement Suggestions
| Royce Global Value generated a negative expected return over the last 90 days | |
| About 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Royce Value Trust Inc. Shares Purchased by Allspring Global Investments Holdings LLC - Defense World |
Royce Global Returns Distribution Density
The distribution of Royce Global's historical returns is an attempt to chart the uncertainty of Royce Global's future price movements. The chart of the probability distribution of Royce Global daily returns describes the distribution of returns around its average expected value. We use Royce Global Value price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Royce Global returns is essential to provide solid investment advice for Royce Global.
| Mean Return | 0.04 | Value At Risk | -1.59 | Potential Upside | 1.93 | Standard Deviation | 1.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Royce Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Royce Global Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.6K | 12.0K | (9.3K) | 2.2K | 136.3K | 143.1K | |
| Free Cash Flow | 50.1M | 83.6M | 11.1M | 442.5K | 599.3K | 569.3K | |
| Change In Working Capital | 603.2K | 81.2K | (53.1K) | 98.1K | (30.5K) | (32.0K) | |
| Begin Period Cash Flow | 16.3K | 497.0 | 12.5K | 3.2K | 5.4K | 5.1K | |
| Other Cashflows From Financing Activities | 55.7M | (71.1M) | (7.1M) | (2.4M) | (2.1M) | (2.2M) | |
| Other Non Cash Items | (335.0M) | 59.0M | (1.6M) | 24.6M | (9.7M) | (10.2M) | |
| Dividends Paid | 105.8M | 12.5M | 7.1M | 440.4K | 463.0K | 439.8K | |
| Total Cash From Operating Activities | 50.1M | 83.6M | 11.1M | 442.5K | 599.3K | 569.3K | |
| Net Income | 384.5M | 24.5M | 12.7M | (24.3M) | 10.3M | 9.8M | |
| Total Cash From Financing Activities | (50.1M) | (83.6M) | (11.1M) | (440.4K) | (463.0K) | (486.1K) | |
| End Period Cash Flow | 7.6K | 12.5K | 3.2K | 5.4K | 141.6K | 71.7K |
Royce Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Royce Global or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Royce Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Royce stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | -0.05 |
Royce Global Volatility Alert
Royce Global Value has relatively low volatility with skewness of 0.09 and kurtosis of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Royce Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Royce Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Royce Global Fundamentals Vs Peers
Comparing Royce Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Royce Global's direct or indirect competition across all of the common fundamentals between Royce Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Royce Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Royce Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Royce Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Royce Global to competition |
| Fundamentals | Royce Global | Peer Average |
| Return On Equity | -27.07 | -0.31 |
| Shares Outstanding | 6.36 M | 571.82 M |
| Shares Owned By Insiders | 19.03 % | 10.09 % |
| Shares Owned By Institutions | 20.36 % | 39.21 % |
| Number Of Shares Shorted | 3.62 K | 4.71 M |
| Price To Earning | 3.86 X | 28.72 X |
| Price To Book | 0.88 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 332 M | 9.43 B |
| EBITDA | 329.64 M | 3.9 B |
| Net Income | 10.35 M | 570.98 M |
| Total Debt | 4 M | 5.32 B |
| Cash Flow From Operations | 599.26 K | 971.22 M |
| Short Ratio | 0.57 X | 4.00 X |
| Earnings Per Share | 0.92 X | 3.12 X |
| Beta | 0.91 | -0.15 |
| Market Capitalization | 63.74 M | 19.03 B |
| Total Asset | 79.13 M | 29.47 B |
| Retained Earnings | 18.42 M | 9.33 B |
| Annual Yield | 0.06 % | |
| Five Year Return | 6.60 % | |
| Net Asset | 79.13 M |
Note: Purchase by Royce Charles M of 25000 shares of Royce Global [view details]
Royce Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Royce . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Royce Global Buy or Sell Advice
When is the right time to buy or sell Royce Global Value? Buying financial instruments such as Royce Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 89.4M | 64.7M | 74.6M | 78.9M | Total Current Liabilities | 1.2M | 18.2K | 22.5K | 21.3K |
Use Investing Ideas to Build Portfolios
In addition to having Royce Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Tech Growth Thematic Idea Now
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Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Growth Theme or any other thematic opportunities.
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Check out Royce Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Royce Global Value information on this page should be used as a complementary analysis to other Royce Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Royce Global's price analysis, check to measure Royce Global'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 Royce Global is operating at the current time. Most of Royce Global's value examination focuses on studying past and present price action to predict the probability of Royce Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Global's price. Additionally, you may evaluate how the addition of Royce Global to your portfolios can decrease your overall portfolio volatility.
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Is Royce Global'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 Royce Global. If investors know Royce 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 Royce Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.92 | Return On Equity (27.07) |
The market value of Royce Global Value is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Global's value that differs from its market value or its book value, called intrinsic value, which is Royce Global'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 Royce Global's market value can be influenced by many factors that don't directly affect Royce Global'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 Royce Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Global'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.