Royal Bank Of Stock Price on December 19, 2024
RY Stock | USD 120.72 1.00 0.84% |
Below is the normalized historical share price chart for Royal Bank of extending back to October 16, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Royal Bank stands at 120.72, as last reported on the 22nd of December, with the highest price reaching 121.54 and the lowest price hitting 118.73 during the day.
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. Royal Bank maintains Sharpe Ratio (i.e., Efficiency) of -0.0147, which implies the firm had a -0.0147% return per unit of risk over the last 3 months. Royal Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Royal Bank's Variance of 0.8758, coefficient of variation of (7,618), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
At this time, Royal Bank's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 2.3 T in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.6 B in 2024. . At this time, Royal Bank's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 14.06 in 2024, whereas Price To Sales Ratio is likely to drop 2.16 in 2024. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of October 1995 | 200 Day MA 112.5061 | 50 Day MA 123.9602 | Beta 0.842 |
Royal |
Sharpe Ratio = -0.0147
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Negative Returns | RY |
Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Royal Bank is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Royal Bank by adding Royal Bank to a well-diversified portfolio.
Price Book 2.0698 | Price Sales 3.0218 | Shares Float 1.4 B | Wall Street Target Price 109.8671 | Earnings Share 7.86 |
Royal Bank Main Headline on 19th of December 2024
Energy Transfer Shares Down 0.2 percent Heres What Happened by thelincolnianonline.com
Energy Transfer LP was down 0.2 percent during mid-day trading on Tuesday . The stock traded as low as 18.40 and last traded at 18.67. Approximately 4,052,663 shares traded hands during trading, a decline of 70 percent from the average daily volume of 13,620,9 shares. The stock had previously closed at 18.70.
Royal Bank Valuation on December 19, 2024
It is possible to determine the worth of Royal Bank on a given historical date. On December 19, 2024 Royal was worth 121.11 at the beginning of the trading date compared to the closed value of 119.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royal Bank stock. Still, in general, we apply an absolute valuation method to find Royal Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Royal Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royal Bank's related companies.
Open | High | Low | Close | Volume | |
123.65 | 123.65 | 119.57 | 119.84 | 2,656,913 | |
12/19/2024 | 121.11 | 121.35 | 119.69 | 119.72 | 1,566,664 |
119.57 | 121.54 | 118.73 | 120.72 | 1,008,928 |
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Royal Bank Trading Date Momentum on December 19, 2024
On December 20 2024 Royal Bank of was traded for 120.72 at the closing time. The highest price during the trading period was 121.54 and the lowest recorded bid was listed for 118.73 . The volume for the day was 1 M. This history from December 20, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.84% . The trading delta at closing time to the current price is 0.13% . |
Royal Bank Fundamentals Correlations and Trends
By evaluating Royal Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royal Bank Stock history
Royal Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Royal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royal Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Royal Bank stock prices may prove useful in developing a viable investing in Royal Bank
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.4 B | 1.5 B | |
Net Income Applicable To Common Shares | 433.2 M | 411.6 M |
Royal Bank Stock Technical Analysis
Royal Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Royal Bank Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Royal Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Royal Bank December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Royal Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Royal Bank shares will generate the highest return on investment. By undertsting and applying Royal Bank stock market strength indicators, traders can identify Royal Bank of entry and exit signals to maximize returns
Royal Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royal Bank's price direction in advance. Along with the technical and fundamental analysis of Royal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.04) |
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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.