Is Royce Global Stock a Good Investment?
Royce Global Investment Advice | RGT |
- Examine Royce Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Royce Global's leadership team and their track record. Good management can help Royce Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Royce Global's business and its evolving consumer preferences.
- Compare Royce Global's performance and market position to its competitors. Analyze how Royce Global is positioned in terms of product offerings, innovation, and market share.
- Check if Royce Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Royce Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Royce Global Value stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Royce Global Value is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Royce Global Stock
Researching Royce Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 19.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Royce Global Value last dividend was issued on the 9th of December 2022.
To determine if Royce Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Royce Global's research are outlined below:
| About 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: Hankyung.com introduces RGT Accelerates Global Expansion of SIRBOT targeting North America, Europe, and Emerging Markets |
Royce Global Quarterly Cost Of Revenue |
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Royce Global's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 74.98 M.Market Cap |
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Royce Global's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 4.17 | 4.38 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.14 | 0.15 |
Determining Royce Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Royce Global is a good buy. For example, gross profit margin measures Royce Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Royce Global's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Royce Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Royce Global Value. Check Royce Global's Beneish M Score to see the likelihood of Royce Global's management manipulating its earnings.
Evaluate Royce Global's management efficiency
Return On Tangible Assets is likely to gain to 0.14 in 2024. Return On Capital Employed is likely to gain to 4.38 in 2024. At this time, Royce Global's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 4.2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 88.6 K in 2024. Royce Global's management efficiency ratios could be used to measure how well Royce Global manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.72 | 8.77 | |
| Tangible Book Value Per Share | 11.72 | 8.77 | |
| Enterprise Value Over EBITDA | 0.10 | 0.10 | |
| Price Book Value Ratio | 0.83 | 0.73 | |
| Enterprise Value Multiple | 0.10 | 0.10 | |
| Price Fair Value | 0.83 | 0.73 | |
| Enterprise Value | 67 M | 106.7 M |
At Royce Global Value, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Dividend Yield 0.0644 | Forward Dividend Yield 0.0644 | Forward Dividend Rate 0.52 |
Basic technical analysis of Royce Stock
As of the 2nd of December, Royce Global holds the Coefficient Of Variation of 1739.77, semi deviation of 0.824, and Risk Adjusted Performance of 0.0447. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royce Global, as well as the relationship between them.Royce Global's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Royce Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Royce Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Royce Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Saba Capital Management, L.p. over three months ago Acquisition by Saba Capital Management, L.p. of 24719 shares of Royce Global at 10.0 subject to Rule 16b-3 | ||
Clark Christopher D over three months ago Insider Trading | ||
Royce Charles M over three months ago Acquisition by Royce Charles M of 5000 shares of Royce Global at 7.4186 subject to Rule 16b-3 | ||
Royce Charles M over a year ago Purchase by Royce Charles M of 25000 shares of Royce Global |
Royce Global's Outstanding Corporate Bonds
Royce Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Royce Global Value uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Royce bonds can be classified according to their maturity, which is the date when Royce Global Value has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Royce Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Royce Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0447 | |||
| Market Risk Adjusted Performance | 0.0619 | |||
| Mean Deviation | 0.6566 | |||
| Semi Deviation | 0.824 | |||
| Downside Deviation | 0.9349 | |||
| Coefficient Of Variation | 1739.77 | |||
| Standard Deviation | 0.8307 | |||
| Variance | 0.69 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0519 | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 0.874 | |||
| Semi Variance | 0.679 | |||
| Expected Short fall | (0.67) | |||
| Skewness | (0.15) | |||
| Kurtosis | (0.35) |
| Risk Adjusted Performance | 0.0447 | |||
| Market Risk Adjusted Performance | 0.0619 | |||
| Mean Deviation | 0.6566 | |||
| Semi Deviation | 0.824 | |||
| Downside Deviation | 0.9349 | |||
| Coefficient Of Variation | 1739.77 | |||
| Standard Deviation | 0.8307 | |||
| Variance | 0.69 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0519 | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 0.874 | |||
| Semi Variance | 0.679 | |||
| Expected Short fall | (0.67) | |||
| Skewness | (0.15) | |||
| Kurtosis | (0.35) |
Consider Royce Global's intraday indicators
Royce Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Royce Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Royce Global Corporate Filings
| 19th of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 10th of September 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 29th of August 2024 Other Reports | ViewVerify |
Royce Stock media impact
Far too much social signal, news, headlines, and media speculation about Royce Global that are available to investors today. That information is available publicly through Royce media outlets and privately through word of mouth or via Royce internal channels. However, regardless of the origin, that massive amount of Royce data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Royce Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Royce Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Royce Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Royce Global alpha.
Royce Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Royce Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for Royce Stock Analysis
When running Royce Global's price analysis, check to measure Royce Global'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 Royce Global is operating at the current time. Most of Royce Global's value examination focuses on studying past and present price action to predict the probability of Royce Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Global's price. Additionally, you may evaluate how the addition of Royce Global to your portfolios can decrease your overall portfolio volatility.