Royal Bank Stock Buy Hold or Sell Recommendation

RY Stock  USD 100.40  1.25  1.26%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Royal Bank is 'Strong Hold'. Macroaxis provides Royal Bank buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RY positions. The advice algorithm takes into account all of Royal Bank's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Royal Bank's buy or sell advice are summarized below:
Real Value
95.18
Target Price
98.41
Hype Value
100.4
Market Value
100.4
Naive Value
98.98
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Royal Bank given historical horizon and risk tolerance towards Royal Bank. When Macroaxis issues a 'buy' or 'sell' recommendation for Royal Bank, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Royal Bank 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.
For more information on how to buy Royal Stock please use our How to Invest in Royal Bank guide.
In addition, we conduct extensive research on individual companies such as Royal and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Royal Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Execute Royal Bank Buy or Sell Advice

The Royal recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Royal Bank. Macroaxis does not own or have any residual interests in Royal Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Royal Bank's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Royal BankBuy Royal Bank
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Royal Bank has a Risk Adjusted Performance of 0.0182, Jensen Alpha of (0.13), Total Risk Alpha of (0.18), Sortino Ratio of (0.12) and Treynor Ratio of 0.0109
Macroaxis provides advice on Royal Bank to complement and cross-verify current analyst consensus on Royal Bank. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Royal Bank is not overpriced, please check all Royal Bank fundamentals, including its net income, cash flow from operations, beta, as well as the relationship between the total debt and price to earnings to growth . Given that Royal Bank has a price to earning of 12.27 X, we recommend you to check out Royal Bank market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Royal Bank Trading Alerts and Improvement Suggestions

On 23rd of February 2024 Royal Bank paid $ 1.0174 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: CANADA FX DEBT-C steadies as BoC frets about productivity shortfall

Royal Bank Returns Distribution Density

The distribution of Royal Bank's historical returns is an attempt to chart the uncertainty of Royal Bank's future price movements. The chart of the probability distribution of Royal Bank daily returns describes the distribution of returns around its average expected value. We use Royal Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Royal Bank returns is essential to provide solid investment advice for Royal Bank.
Mean Return
0.02
Value At Risk
-1.31
Potential Upside
1.26
Standard Deviation
0.85
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Royal Bank 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.

Royal Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument 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. Royal Bank's institutional investor refers to the entity that pools money to purchase Royal Bank's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
1832 Asset Management L.p2023-09-30
17.4 M
Cibc Global Asset Management Inc2023-09-30
12.4 M
Fmr Inc2023-09-30
12.1 M
Beutel, Goodman & Company Ltd.2023-12-31
11.1 M
Wellington Management Company Llp2023-09-30
10.6 M
Manufacturers Life Insurance Co2023-09-30
9.8 M
Scotia Capital Inc2023-09-30
8.5 M
Connor Clark & Lunn Inv Mgmt Ltd2023-09-30
8.4 M
Legal & General Group Plc2023-09-30
7.8 M
Bank Of Montreal2023-09-30
88.9 M
Bmo Capital Markets Corp.2023-09-30
88.9 M
Note, although Royal Bank's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Royal Bank Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(3.9B)92.6B(5.0B)(41.4B)(10.4B)(523.5K)
Free Cash Flow136.2B58.9B19.4B23.3B26.9B28.2B
Depreciation1.9B2.6B2.6B2.7B2.9B315.9M
Other Non Cash Items4.1B(1.1B)233M2.4B2.8B2.9B
Dividends Paid6.0B6.3B6.4B7.0B5.5B247.3M
Capital Expenditures2.3B2.6B2.2B2.5B2.7B1.2B
Net Income12.9B11.4B16.1B15.8B14.9B357.9M
End Period Cash Flow26.3B118.9B113.8B72.4B62.0B21.4B
Investments(36.9B)(55.2B)(52.2B)(28.3B)(25.4B)(24.2B)
Net Borrowings137M(825M)(385M)9.8B304.1M155.0M
Change To Netincome1.0B3.5B(435M)833M93.2M88.5M

Royal Bank 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 Royal Bank or Banks 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 Royal Bank'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 Royal 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
-0.13
β
Beta against NYSE Composite1.16
σ
Overall volatility
0.87
Ir
Information ratio -0.13

Royal Bank Volatility Alert

Royal Bank has low volatility with Treynor Ratio of 0.01, Maximum Drawdown of 4.6 and kurtosis of 2.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Royal Bank'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 Royal Bank'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.

Royal Bank Fundamentals Vs Peers

Comparing Royal Bank'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 Royal Bank's direct or indirect competition across all of the common fundamentals between Royal Bank and the related equities. This way, we can detect undervalued stocks with similar characteristics as Royal Bank or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Royal Bank's fundamental indicators could also be used in its relative valuation, which is a method of valuing Royal Bank by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Royal Bank to competition
FundamentalsRoyal BankPeer Average
Return On Equity0.14-0.31
Return On Asset0.0078-0.14
Profit Margin0.29 %(1.27) %
Operating Margin0.37 %(5.51) %
Current Valuation(82.92 B)16.62 B
Shares Outstanding1.41 B571.82 M
Shares Owned By Institutions51.36 %39.21 %
Number Of Shares Shorted8.84 M4.71 M
Price To Earning12.27 X28.72 X
Price To Book1.76 X9.51 X
Price To Sales2.62 X11.42 X
Revenue56.26 B9.43 B
Gross Profit48.5 B27.38 B
EBITDA21.33 B3.9 B
Net Income14.87 B570.98 M
Cash And Equivalents701.08 B2.7 B
Cash Per Share503.75 X5.01 X
Total Debt439.28 B5.32 B
Debt To Equity15.61 %48.70 %
Book Value Per Share76.95 X1.93 K
Cash Flow From Operations26.08 B971.22 M
Short Ratio8.49 X4.00 X
Earnings Per Share7.91 X3.12 X
Price To Earnings To Growth10.42 X4.89 X
Target Price99.33
Number Of Employees90.17 K18.84 K
Beta0.84-0.15
Market Capitalization140.19 B19.03 B
Total Asset2 T29.47 B
Retained Earnings84.33 B9.33 B
Z Score0.318.72
Annual Yield0.04 %
Five Year Return3.82 %

Royal Bank Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Royal . 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 Royal Bank Buy or Sell Advice

When is the right time to buy or sell Royal Bank? Buying financial instruments such as Royal 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 2024 (projected)
Short and Long Term Debt Total425.2B439.3B530.4B
Total Assets1.9T2.0T10.1B

Use Investing Ideas to Build Portfolios

In addition to having Royal Bank 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 Shipping Containers Thematic Idea Now

Shipping Containers
Shipping Containers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 15 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 Shipping Containers Theme or any other thematic opportunities.
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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 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.
For more information on how to buy Royal Stock please use our How to Invest in Royal Bank guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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
7.91
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.