Royal Bank Of Stock Price Prediction
| RY Stock | USD 97.27 1.57 1.59% |
Oversold Vs Overbought
53
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 of, 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 8.28 | EPS Estimate Next Year 8.95 | Wall Street Target Price 98.86 | 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 of 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 93.7202 | Short Percent 0.0027 | Short Ratio 9.51 | Shares Short Prior Month 8.8 M | 50 Day MA 98.977 |
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 of. 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 | 21.84 |
Royal Bank's implied volatility exposes the market's sentiment of Royal Bank of 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 97.26 |
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 of will have an average daily up or down price movement of about 1.36% per day over the life of the 2024-05-17 option contract. With Royal Bank trading at USD 97.27, that is roughly USD 1.33 . If you think that the market is fully incorporating Royal Bank's daily price movement you should consider acquiring Royal Bank of options at the current volatility level of 21.84%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Royal |
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.
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 96.31 and 98.21, 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
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 Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 0.96 | 0.02 | 0.02 | 8 Events / Month | 6 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
97.27 | 97.26 | 0.01 |
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Royal Bank Hype Timeline
As of April 25, 2024 Royal Bank is listed for 97.27. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.02. Royal is anticipated to decline in value after the next headline, with the price expected to drop to 97.26. The average volatility of media hype impact on the company price is about 103.23%. The price decline on the next news is expected to be -0.01%, whereas the daily expected return is at this time at -0.02%. The volatility of related hype on Royal Bank is about 79.09%, with the expected price after the next announcement by competition of 97.25. About 51.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.76. 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 7.84. 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 8 days. Check out Royal Bank Basic Forecasting Models to cross-verify your projections.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's peers 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.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CM | Canadian Imperial Bank | 0.09 | 10 per month | 0.94 | (0) | 1.42 | (1.49) | 4.78 | |
| BMO | Bank of Montreal | (1.14) | 10 per month | 0.00 | (0.09) | 1.52 | (1.89) | 5.93 | |
| BNS | Bank of Nova | (0.64) | 13 per month | 1.17 | (0.03) | 1.51 | (1.59) | 5.82 | |
| BAC | Bank of America | (0.02) | 10 per month | 1.13 | 0.14 | 2.33 | (2.26) | 7.07 | |
| TD | Toronto Dominion Bank | (1.46) | 10 per month | 0.00 | (0.11) | 1.47 | (1.66) | 4.49 | |
| JPM | JPMorgan Chase Co | (5.53) | 6 per month | 1.26 | 0.08 | 1.94 | (1.14) | 8.65 | |
| C | Citigroup | (1.16) | 9 per month | 0.95 | 0.16 | 2.57 | (1.88) | 8.13 | |
| WFC | Wells Fargo | 0.15 | 10 per month | 0.56 | 0.21 | 1.79 | (1.32) | 8.55 |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 of, 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) | Dividend Yield | 0.0393 | 0.036 | 0.0414 | 0.0424 | Price To Sales Ratio | 3.63 | 2.74 | 2.46 | 2.12 |
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.
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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 of 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 Outstanding | 1.4 B | |
| Cash And Short Term Investments | 212 B |
Check out Royal Bank Basic Forecasting Models to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 7.84 | 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.