Royal Competitors

Preferred Stocks . Canada . 
Preferred Stock . Royal Bank of
RY-PO Preferred Stock  CAD 24.40  0.10  0.41%   
Royal Bank competes with Canlan Ice, Thunderbird Entertainment, Everyday People, Income Financial, and Cogeco Communications; as well as few others. The company operates under Banks sector and is part of Financials industry. Analyzing Royal Bank competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Royal Bank to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Royal Bank Correlation with its peers.
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.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
23.9624.4024.84
Details
Intrinsic
Valuation
LowRealHigh
23.5123.9526.84
Details
Naive
Forecast
LowNextHigh
24.1524.5925.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.2724.3724.46
Details

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 preferred 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.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
VBNK
+ 0.93
INC-UN
CCA
+ 0.87
EPF
CCA
+ 0.74
INC-UN
VBNK
+ 0.66
CCA
VBNK
+ 0.65
ICE
EPF
+ 0.64
ICE
  
High negative correlations   
VBNK
- 0.85
TBRD
INC-UN
- 0.84
TBRD
CCA
- 0.68
TBRD
EPF
- 0.66
TBRD
TBRD
- 0.45
ICE
VBNK
- 0.0
TGS

Risk-Adjusted Indicators

There is a big difference between Royal Preferred 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.
All Fundamental Data

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
RY-PO ICE TBRD EPF INC-UN CCA TGS VBNK
 0.41 
 24.40 
Royal
 0.00 
 4.10 
Canlan
 0.57 
 1.74 
Thunderbird
 2.50 
 0.39 
Everyday
 1.85 
 8.80 
Income
 1.04 
 69.28 
Cogeco
 0.00 
 0.06 
TGS
 0.67 
 23.70 
VersaBank
Market Volatility
(90 Days Market Risk)
Very steady
Slightly risky
Very risky
Out of control
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Modest
OK
Very Weak
OK
Good
OK
Very Weak
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Very Low
About Average
Very Low
Low
Very High
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Buy
Cautious Hold
Strong Sell
Strong Buy
Cautious Hold
Strong Sell
Strong Buy
Current Ratio
N/A
0.68 X
1.09 X
N/A
3.03 X
1.29 X
N/A
N/A
Net Asset
2 T
122 M
172.6 M
64.08 M
23.71 M
9.68 B
2.27 M
4.2 B
Profit Margin
0.29 %
(0.01) %
0.01 %
0.01 %
0.92 %
0.11 %
N/A
0.41 %
EBITDA
N/A
9.42 M
27.38 M
(908.21 K)
1.12 M
1.43 B
(14.05 M)
59.43 M
Operating Margin
0.41 %
(0.01) %
0.07 %
0.04 %
0.92 %
0.25 %
(2.17) %
0.50 %
Current Valuation
(243.91 B)
86.1 M
91.82 M
62.7 M
28.86 M
7.66 B
9.88 M
485.74 M
Price To Book
N/A
1.14 X
1.23 X
3.82 X
1.20 X
0.97 X
N/A
1.56 X
Retained Earnings
84.33 B
(21.83 M)
(7.7 M)
(60.71 M)
N/A
2 B
(20.23 M)
146.04 M
Five Year Return
N/A
2.19 %
N/A
N/A
9.19 %
2.32 %
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
207.67 M
N/A
N/A
Beta
0.84
1.01
1.77
0.97
1.56
0.6
-0.73
1.06
Number Of Employees
96.17 K
1 K
N/A
N/A
N/A
N/A
N/A
119
Shares Outstanding
N/A
13.34 M
49.91 M
118.53 M
3.35 M
30.03 M
151.44 M
26 M
Cash Flow From Operations
26.08 B
9.31 M
37.67 M
(5.4 M)
430.48 K
1.18 B
(3.37 M)
94.72 M
Annual Yield
0.05 %
0.03 %
N/A
N/A
0.09 %
0.05 %
N/A
0 %
Total Debt
111.46 B
49.27 M
19.82 M
7.58 M
196.19 K
367.04 M
493.94 K
110.62 M
Return On Equity
0.14
-0.0154
0.0348
0.063
0.2
0.1
-5.15
0.12
Return On Asset
0.008
0.0083
0.017
-0.0288
0.12
0.0494
-0.35
0.011
Number Of Shares Shorted
30.13 K
337
18.86 K
2.52 K
302
698.8 K
2.17 K
27.91 K
Book Value Per Share
81.28 X
3.35 X
1.39 X
0.09 X
7.32 X
70.90 X
(0.01) X
15.23 X
Current Liabilities
N/A
N/A
N/A
N/A
N/A
474.98 M
N/A
N/A
Total Asset
2 T
122 M
172.6 M
64.08 M
23.71 M
9.68 B
2.27 M
4.2 B
Short Ratio
10.96 X
0.80 X
0.31 X
0.05 X
0.11 X
14.62 X
0.03 X
1.16 X
Last Dividend Paid
5.53
N/A
N/A
N/A
0.79
3.42
N/A
0.1
Debt To Equity
N/A
139.00 %
96.20 %
N/A
N/A
1.18 %
0.31 %
N/A
Target Price
N/A
N/A
3.3
N/A
N/A
79.25
N/A
24.24
Shares Owned By Institutions
2.56 %
N/A
19.99 %
N/A
N/A
44.64 %
N/A
23.02 %
Market Capitalization
N/A
54.68 M
86.84 M
46.23 M
29.52 M
2.91 B
8.33 M
616.26 M
Price To Earning
N/A
20.04 X
N/A
N/A
14.40 X
12.08 X
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
3.24 X
N/A
N/A
Price To Sales
N/A
0.61 X
0.53 X
0.93 X
5.78 X
0.98 X
11.17 X
5.41 X
Net Income
14.86 B
435 K
2.38 M
(1.95 M)
1.12 M
335.53 M
(14.4 M)
42.16 M
Earnings Per Share
11.44 X
(0.06) X
0.10 X
0.02 X
1.41 X
7.91 X
(0.13) X
1.76 X
Shares Owned By Insiders
N/A
93.45 %
18.91 %
28.32 %
N/A
0.46 %
17.45 %
38.73 %
Revenue
56.26 B
86.15 M
165.32 M
37.89 M
1.4 M
2.98 B
283.1 K
108.64 M
Working Capital
N/A
(5.26 M)
19.56 M
(4.46 M)
N/A
(617.44 M)
(485.38 K)
N/A
Cash And Equivalents
N/A
18.53 M
20.2 M
N/A
765.49 K
29.26 M
1.27 M
N/A
Cash Per Share
N/A
0.90 X
0.43 X
N/A
0.33 X
7.68 X
0.01 X
N/A
Gross Profit
48.5 B
32.25 M
36.94 M
10.11 M
4.49 M
1.42 B
90.78 K
81.94 M
Day Typical Price
24.36
4.1
1.72
0.39
8.7
69.14
0.055
23.67
Accumulation Distribution
0.0045
N/A
0.073
0.0732
0.0341
0.0167
N/A
0.013
Market Facilitation Index
0.11
N/A
0.13
0.03
0.3
1.16
N/A
0.31
Daily Balance Of Power
0.9091
0.0
(0.08)
(0.33)
0.5333
0.6121
0.0
(0.52)
Period Momentum Indicator
0.1
N/A
(0.01)
(0.01)
0.16
0.71
N/A
(0.16)
Rate Of Daily Change
1.0
1.0
0.99
0.98
1.02
1.01
1.0
0.99
Day Median Price
24.35
4.1
1.72
0.4
8.65
69.07
0.055
23.66
Price Action Indicator
0.1
N/A
0.02
(0.01)
0.23
0.57
N/A
(0.04)
Relative Strength Index
43.33
55.03
9.19
48.11
54.9
60.36
N/A
49.05
Coefficient Of Variation
1319.5
1018.14
(932.26)
813.84
535.73
758.96
N/A
375.92
Mean Deviation
0.3202
0.9345
2.09
2.75
0.9229
0.7982
N/A
1.63
Jensen Alpha
0.0204
0.1205
(0.37)
0.4575
0.1827
0.1279
N/A
0.448
Total Risk Alpha
(0.05)
(0.12)
(0.78)
(0.14)
0.0256
(0.04)
N/A
0.2179
Sortino Ratio
(0.20)
0.0163
N/A
0.0682
0.082
(0)
N/A
0.2711
Downside Variance
0.2296
13.31
N/A
24.8
1.4
1.07
N/A
2.49
Standard Deviation
0.4346
1.94
2.91
3.83
1.22
0.9747
N/A
2.1
Kurtosis
0.3311
6.79
0.9325
1.41
0.9722
(0.46)
N/A
0.8875
Potential Upside
0.8368
3.8
4.85
7.89
2.13
1.64
N/A
4.39
Treynor Ratio
1.09
0.364
(0.88)
17.72
0.7519
(1.51)
N/A
0.6578
Maximum Drawdown
2.11
13.26
15.87
22.2
6.31
4.06
N/A
10.61
Variance
0.1889
3.76
8.5
14.67
1.49
0.95
N/A
4.41
Market Risk Adjusted Performance
1.1
0.374
(0.87)
17.73
0.7619
(1.50)
N/A
0.6678
Risk Adjusted Performance
0.0505
0.0814
(0.07)
0.1022
0.1469
0.1032
N/A
0.2104
Skewness
(0.03)
1.17
(0.15)
(0.14)
0.1671
(0.35)
N/A
0.6986
Semi Deviation
0.3243
1.12
N/A
2.99
0.8505
0.8931
N/A
1.15
Information Ratio
(0.23)
0.0307
(0.15)
0.0887
0.0794
(0)
N/A
0.2037
Value At Risk
(0.67)
(2.48)
(5.03)
(5.00)
(1.76)
(1.51)
N/A
(2.42)
Expected Short fall
(0.42)
(3.27)
N/A
(4.42)
(1.21)
(0.84)
N/A
(2.01)
Downside Deviation
0.4792
3.65
N/A
4.98
1.18
1.04
N/A
1.58
Semi Variance
0.1052
1.26
N/A
8.97
0.7234
0.7976
N/A
1.32

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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Royal Bank position

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Additional Tools for Royal Preferred 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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