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.
Royal |
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
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
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.p | 2023-09-30 | 17.4 M | Cibc Global Asset Management Inc | 2023-09-30 | 12.4 M | Fmr Inc | 2023-09-30 | 12.1 M | Beutel, Goodman & Company Ltd. | 2023-12-31 | 11.1 M | Wellington Management Company Llp | 2023-09-30 | 10.6 M | Manufacturers Life Insurance Co | 2023-09-30 | 9.8 M | Scotia Capital Inc | 2023-09-30 | 8.5 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-09-30 | 8.4 M | Legal & General Group Plc | 2023-09-30 | 7.8 M | Bank Of Montreal | 2023-09-30 | 88.9 M | Bmo Capital Markets Corp. | 2023-09-30 | 88.9 M |
Royal Bank Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (3.9B) | 92.6B | (5.0B) | (41.4B) | (10.4B) | (523.5K) | |
Free Cash Flow | 136.2B | 58.9B | 19.4B | 23.3B | 26.9B | 28.2B | |
Depreciation | 1.9B | 2.6B | 2.6B | 2.7B | 2.9B | 315.9M | |
Other Non Cash Items | 4.1B | (1.1B) | 233M | 2.4B | 2.8B | 2.9B | |
Dividends Paid | 6.0B | 6.3B | 6.4B | 7.0B | 5.5B | 247.3M | |
Capital Expenditures | 2.3B | 2.6B | 2.2B | 2.5B | 2.7B | 1.2B | |
Net Income | 12.9B | 11.4B | 16.1B | 15.8B | 14.9B | 357.9M | |
End Period Cash Flow | 26.3B | 118.9B | 113.8B | 72.4B | 62.0B | 21.4B | |
Investments | (36.9B) | (55.2B) | (52.2B) | (28.3B) | (25.4B) | (24.2B) | |
Net Borrowings | 137M | (825M) | (385M) | 9.8B | 304.1M | 155.0M | |
Change To Netincome | 1.0B | 3.5B | (435M) | 833M | 93.2M | 88.5M |
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 Composite | 1.16 | |
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 |
Fundamentals | Royal Bank | Peer Average |
Return On Equity | 0.14 | -0.31 |
Return On Asset | 0.0078 | -0.14 |
Profit Margin | 0.29 % | (1.27) % |
Operating Margin | 0.37 % | (5.51) % |
Current Valuation | (82.92 B) | 16.62 B |
Shares Outstanding | 1.41 B | 571.82 M |
Shares Owned By Institutions | 51.36 % | 39.21 % |
Number Of Shares Shorted | 8.84 M | 4.71 M |
Price To Earning | 12.27 X | 28.72 X |
Price To Book | 1.76 X | 9.51 X |
Price To Sales | 2.62 X | 11.42 X |
Revenue | 56.26 B | 9.43 B |
Gross Profit | 48.5 B | 27.38 B |
EBITDA | 21.33 B | 3.9 B |
Net Income | 14.87 B | 570.98 M |
Cash And Equivalents | 701.08 B | 2.7 B |
Cash Per Share | 503.75 X | 5.01 X |
Total Debt | 439.28 B | 5.32 B |
Debt To Equity | 15.61 % | 48.70 % |
Book Value Per Share | 76.95 X | 1.93 K |
Cash Flow From Operations | 26.08 B | 971.22 M |
Short Ratio | 8.49 X | 4.00 X |
Earnings Per Share | 7.91 X | 3.12 X |
Price To Earnings To Growth | 10.42 X | 4.89 X |
Target Price | 99.33 | |
Number Of Employees | 90.17 K | 18.84 K |
Beta | 0.84 | -0.15 |
Market Capitalization | 140.19 B | 19.03 B |
Total Asset | 2 T | 29.47 B |
Retained Earnings | 84.33 B | 9.33 B |
Z Score | 0.31 | 8.72 |
Annual Yield | 0.04 % | |
Five Year Return | 3.82 % |
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 Total | 425.2B | 439.3B | 530.4B | Total Assets | 1.9T | 2.0T | 10.1B |
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?
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Shipping Containers
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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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.
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 7.91 | 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.