Royal Bank Of Stock Price on May 31, 2024
| RY Stock | CAD 173.40 1.09 0.63% |
Below is the normalized historical share price chart for Royal Bank of extending back to March 17, 1980. 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 173.40, as last reported on the 22nd of December, with the highest price reaching 174.43 and the lowest price hitting 170.79 during the day.
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. As of now, Royal Stock is very steady. Royal Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Royal Bank, which you can use to evaluate the volatility of the company. Please check Royal Bank's Risk Adjusted Performance of 0.0734, semi deviation of 0.5947, and Coefficient Of Variation of 1079.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.0794%.
At this time, Royal Bank's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 2.4 T, while Common Stock Shares Outstanding is likely to drop about 1.5 B. . At this time, Royal Bank's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price To Free Cash Flows Ratio is likely to grow to 14.06, while Price To Sales Ratio is likely to drop 2.16. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 154.6599 | 50 Day MA 173.7032 | Beta 0.842 |
Royal |
Sharpe Ratio = 0.1015
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Royal Bank is performing at about 7% of its full potential. 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 it to a well-diversified portfolio.
Price Book 2.0774 | Price Sales 4.3405 | Shares Float 1.4 B | Wall Street Target Price 185.7143 | Earnings Share 11.25 |
Royal Bank Valuation on May 31, 2024
It is possible to determine the worth of Royal Bank on a given historical date. On May 31, 2024 Royal was worth 146.29 at the beginning of the trading date compared to the closed value of 146.38. 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 | |
| 141.49 | 146.02 | 141.30 | 145.68 | 6,475,084 | |
05/31/2024 | 146.29 | 146.62 | 144.02 | 146.38 | 3,991,627 |
| 146.23 | 146.64 | 144.15 | 145.50 | 3,064,742 |
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Royal Bank Trading Date Momentum on May 31, 2024
| On June 03 2024 Royal Bank of was traded for 145.50 at the closing time. The highest daily price throughout the period was 146.64 and the lowest price was 144.15 . The daily volume was 3.1 M. The net trading volume on 06/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 2.06% . |
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 | 1.6 B | 1.5 B | |
| Net Income Applicable To Common Shares | 17.9 B | 13.1 B |
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 Toronto 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 | 0.0734 | |||
| Jensen Alpha | 0.0548 | |||
| Total Risk Alpha | 0.0411 | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.1663 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.