Royal Competitors
| RY Stock | USD 122.27 0.48 0.39% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Royal Bank competition on your existing holdings.
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 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Royal Bank and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Royal and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Royal Bank does not affect the price movement of the other competitor.
| 0.16 | 0.3 | 0.28 | 0.06 | 0.43 | TD | ||
| 0.16 | 0.69 | 0.66 | 0.52 | 0.55 | NU | ||
| 0.3 | 0.69 | 0.85 | 0.78 | 0.85 | HSBC | ||
| 0.28 | 0.66 | 0.85 | 0.79 | 0.96 | CM | ||
| 0.06 | 0.52 | 0.78 | 0.79 | 0.8 | BMO | ||
| 0.43 | 0.55 | 0.85 | 0.96 | 0.8 | BNS | ||
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Risk-Adjusted Indicators
There is a big difference between Royal Stock performing well and Royal Bank Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Royal Bank's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TD | 0.80 | (0.07) | 0.00 | (0.05) | 0.00 | 1.54 | 8.21 | |||
| NU | 1.84 | 0.34 | 0.14 | 0.31 | 2.14 | 5.20 | 13.32 | |||
| HSBC | 0.94 | 0.13 | 0.09 | 0.21 | 1.21 | 2.03 | 6.61 | |||
| CM | 0.84 | 0.31 | 0.30 | 0.40 | 0.46 | 2.08 | 6.94 | |||
| BMO | 0.89 | 0.11 | 0.07 | 0.19 | 1.28 | 1.76 | 8.51 | |||
| BNS | 0.85 | 0.19 | 0.15 | 0.32 | 0.88 | 1.87 | 5.09 |
Cross Equities Net Income Analysis
Compare Royal Bank and related stocks such as Toronto Dominion Bank, Nu Holdings, and HSBC Holdings PLC Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TD | 790.5 M | 6.4 B | 6.5 B | 7.8 B | 7.9 B | 8.8 B | 10.4 B | 11.3 B | 11.7 B | 11.9 B | 14.3 B | 17.4 B | 10.8 B | 12.4 B | 6.3 B |
| NU | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (92.5 M) | (171.5 M) | (165.3 M) | (364.6 M) | 1 B | 1.1 B |
| HSBC | 1.9 B | 16.8 B | 14 B | 16.2 B | 13.7 B | 13.5 B | 2.5 B | 10.8 B | 13.7 B | 7.4 B | 5.2 B | 13.9 B | 15.6 B | 23.5 B | 24.7 B |
| CM | 749 M | 3.3 B | 3.4 B | 3.2 B | 3.6 B | 4.3 B | 4.7 B | 5.3 B | 5.1 B | 3.8 B | 6.4 B | 6.2 B | 5 B | 5.7 B | 2.9 B |
| BMO | 825 M | 4.1 B | 4.2 B | 4.3 B | 2.2 B | 1.3 B | 2.5 B | 5.2 B | 5.8 B | 5.1 B | 7.8 B | 13.5 B | 4.4 B | 5.2 B | 3.7 B |
| BNS | 3 B | 3 B | 3 B | 3 B | 3 B | 6.1 B | 6 B | 6.1 B | 8.4 B | 6.8 B | 9.6 B | 9.9 B | 7.4 B | 6.1 B | 5.4 B |
Royal Bank and related stocks such as Toronto Dominion Bank, Nu Holdings, and HSBC Holdings PLC Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Royal Bank financial statement analysis. It represents the amount of money remaining after all of Royal Bank of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Royal Bank Competitive Analysis
The better you understand Royal Bank competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Royal Bank's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Royal Bank's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Royal Bank Competition Performance Charts
Five steps to successful analysis of Royal Bank Competition
Royal Bank's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Royal Bank in relation to its competition. Royal Bank's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Royal Bank in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Royal Bank's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Royal Bank, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Royal Bank position
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Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 42 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 Books Theme or any other thematic opportunities.
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Additional 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.