Royal Competitors

Preferred Stocks . Canada . 
Preferred Stock . Royal Bank of
RY-PS Preferred Stock  CAD 25.71  0.05  0.19%   
Royal Bank competes with IShares Canadian, PHN Multi, Altagas Cum, Invesco SP, and EcoSynthetix; 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.
  
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.
Hype
Prediction
LowEstimatedHigh
25.3125.6626.01
Details
Intrinsic
Valuation
LowRealHigh
24.8725.2228.23
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   
ULV-U
+ 0.81
XHB
0P0000OXA6
+ 0.75
FINC
XHB
+ 0.67
FINC
ULV-U
+ 0.65
FINC
0P0000OXA6
+ 0.65
XHB
ULV-U
+ 0.65
0P0000OXA6
  
High negative correlations   
0P0000OXA6
- 0.83
ZUAG-U
ALA-PA
- 0.72
FINC
ALA-PA
- 0.62
XHB
0P0000OXA6
- 0.61
SOLR
ALA-PA
- 0.58
0P0000OXA6
ULV-U
- 0.56
ALA-PA

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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FINC  0.11  0.02  0.00 (0.09) 0.00 
 0.00 
 0.37 
(0.41)
 2.23 
ZUAG-U  0.14 (0.03) 0.00 (2.52) 0.00 
 0.00 
 0.46 
(0.46)
 2.35 
TNO-H  14.58  4.79  0.00 (0.44) 0.00 
 0.00 
 100.00 
(50.00)
 150.00 
XHB  0.19  0.02 (0.44)(0.96) 0.06 
(0.26)
 0.46 
(0.31)
 1.07 
EDGF  0.81  0.00 (0.05) 0.13  1.11 
(1.20)
 2.20 
(1.86)
 6.42 
SOLR  6.27  0.33  0.00 (0.10) 8.35 
(26.04)
 25.00 
(20.00)
 50.00 
0P0000OXA6  0.51  0.09 (0.01) 0.77  0.50 
(0.54)
 1.07 
(1.18)
 4.34 
ALA-PA  0.50  0.01 (0.17) 0.07  0.67 
(0.60)
 1.15 
(1.45)
 3.73 
ULV-U  0.25  0.11  0.00 (1.23) 0.00 
 0.00 
 0.46 
 0.00 
 5.90 
ECO  1.49 (0.04)(0.06) 0.02  1.88 
(1.71)
 3.84 
(3.00)
 11.63 
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-PS FINC ZUAG-U TNO-H XHB EDGF SOLR 0P0000OXA6 ALA-PA ULV-U
 0.19 
 25.71 
Royal
 0.41 
 21.62 
Forstrong
 0.87 
 30.29 
BMO
 0.00 
 0.01 
Terreno
 0.05 
 19.64 
IShares
 1.22 
 10.53 
Brompton
 12.50 
 0.04 
Solar
 0.42 
 28.37 
PHN
 0.42 
 19.33 
Altagas
 1.08 
 26.49 
Invesco
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Out of control
Very steady
Not too volatile
Out of control
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
OK
Very Weak
OK
OK
Weak
Weak
Solid
Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Unknown
About Average
Below Average
Low
About Average
Very High
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Sell
Sell
Strong Sell
Cautious Hold
Cautious Hold
Strong Sell
Strong Hold
Strong Sell
Sell
Current Ratio
N/A
N/A
0.19
N/A
N/A
0.19
N/A
N/A
N/A
Net Asset
2 T
N/A
47.81 K
430.05 M
N/A
1.8 M
5.64 B
21.59 B
N/A
Profit Margin
0.29
N/A
N/A
N/A
N/A
-0.0107
N/A
0.0239
N/A
EBITDA
N/A
N/A
(598.28 K)
N/A
N/A
(762.93 K)
N/A
1.14 B
N/A
Operating Margin
0.42
N/A
N/A
N/A
N/A
-0.7
N/A
0.0733
N/A
Current Valuation
(241.86 B)
N/A
612.51 K
N/A
N/A
10.37 M
N/A
N/A
N/A
Price To Book
N/A
N/A
32.57
N/A
N/A
93.97
N/A
N/A
N/A
Retained Earnings
84.33 B
N/A
(13.18 M)
N/A
N/A
(68.87 M)
N/A
N/A
N/A
Five Year Return
N/A
N/A
N/A
2.6
N/A
N/A
8.42
N/A
N/A
One Year Return
N/A
N/A
N/A
11.6
N/A
N/A
-0.8
N/A
-1.7
Beta
0.84
N/A
3.88
0.94
0.95
1.32
N/A
1.32
0.49
Number Of Employees
96.17 K
N/A
N/A
1
N/A
N/A
N/A
2.93 K
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
1.58
N/A
N/A
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
98.42
N/A
56.0
Shares Outstanding
N/A
N/A
64.17 M
N/A
N/A
294.19 M
N/A
N/A
N/A
Three Year Return
N/A
N/A
N/A
2.2
N/A
N/A
5.68
N/A
N/A
Cash Flow From Operations
26.08 B
N/A
(129.41 K)
N/A
N/A
97.33 K
N/A
738 M
N/A
Annual Yield
0.0578
N/A
N/A
N/A
N/A
N/A
N/A
0.0524
N/A
Total Debt
111.46 B
N/A
714.78 K
N/A
N/A
137.5 K
N/A
7.68 B
N/A
Return On Equity
0.14
N/A
-7.36
N/A
N/A
-6.84
N/A
0.0477
N/A
Bond Positions Weight
N/A
N/A
N/A
97.03
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
30.71
N/A
N/A
N/A
N/A
N/A
Return On Asset
0.008
N/A
-1.46
N/A
N/A
-0.25
N/A
0.0273
N/A
Number Of Shares Shorted
444.14 K
N/A
1.51 K
N/A
N/A
1.21 K
N/A
8.1 K
N/A
Book Value Per Share
81.28
N/A
-0.011
N/A
N/A
-0.007
N/A
24.88
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
500
N/A
N/A
Total Asset
2 T
N/A
47.81 K
430.05 M
N/A
1.8 M
5.64 B
21.59 B
N/A
Short Ratio
28.26
N/A
0.41
N/A
N/A
0.58
N/A
1.62
N/A
Last Dividend Paid
5.53
N/A
N/A
0.065
N/A
N/A
N/A
1.05
0.0347
Target Price
N/A
N/A
N/A
N/A
N/A
1.15
N/A
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
9.62
N/A
N/A
N/A
N/A
N/A
N/A
52.87
N/A
Market Capitalization
N/A
N/A
641.72 K
N/A
N/A
10.3 M
N/A
N/A
N/A
Price To Earning
2.61
N/A
-0.45
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
1.39
N/A
N/A
N/A
Net Income
14.86 B
N/A
(296.1 K)
N/A
N/A
(1.81 M)
N/A
283 M
N/A
Earnings Per Share
11.44
N/A
N/A
N/A
N/A
N/A
N/A
0.89
N/A
Shares Owned By Insiders
N/A
N/A
12.06
N/A
N/A
42.24
N/A
N/A
N/A
Revenue
56.26 B
N/A
N/A
N/A
N/A
7.47 M
N/A
10.57 B
N/A
Working Capital
N/A
N/A
(666.97 K)
N/A
N/A
(2.31 M)
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
3.4
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
720.73 B
N/A
17.84 K
N/A
N/A
403.2 K
N/A
N/A
N/A
Cash Per Share
506.63
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
48.5 B
N/A
N/A
N/A
N/A
663.58 K
N/A
2.87 B
N/A
Day Typical Price
25.79
21.62
30.29
0.01
19.65
10.59
0.0333
28.37
19.35
26.49
Accumulation Distribution
269.88
N/A
N/A
N/A
151.65
18.4
0.14
N/A
32.32
N/A
Market Facilitation Index
0.0
N/A
N/A
N/A
0.0
1.0E-4
0.005
N/A
1.0E-4
N/A
Daily Balance Of Power
0.1429
(9,223,372,036,855)
9.2 T
0.0
0.1429
(0.76)
(1.00)
9.2 T
0.3636
(9,223,372,036,855)
Period Momentum Indicator
0.05
(0.09)
0.26
N/A
0.01
(0.13)
(0.01)
0.12
0.08
(0.29)
Rate Of Daily Change
1.0
1.0
1.01
1.0
1.0
0.99
0.88
1.0
1.0
0.99
Day Median Price
25.83
21.62
30.29
0.01
19.66
10.61
0.0325
28.37
19.36
26.49
Price Action Indicator
(0.09)
(0.04)
0.13
N/A
(0.01)
(0.15)
N/A
0.06
0.01
(0.15)
Coefficient Of Variation
864.95
1419.91
(2,242)
812.4
824.19
3297.06
7351.89
596.81
42535.11
647.34
Mean Deviation
0.2623
0.1098
0.1444
14.58
0.1924
0.8088
6.27
0.5051
0.505
0.2505
Jensen Alpha
0.0353
0.0197
(0.03)
4.79
0.0215
0.0032
0.3343
0.0944
0.0056
0.1079
Total Risk Alpha
(0.02)
(0.03)
(0.07)
(1.00)
(0.02)
(0.17)
(1.72)
(0)
(0.12)
(0.01)
Sortino Ratio
(0.25)
N/A
N/A
N/A
(0.44)
(0.05)
0.0017
(0.01)
(0.17)
N/A
Downside Variance
0.1231
N/A
N/A
N/A
0.0516
2.79
442.36
0.5125
0.5698
N/A
Standard Deviation
0.3467
0.2652
0.3129
30.77
0.24
1.25
12.07
0.725
0.7039
0.7019
Kurtosis
0.4703
10.36
12.27
5.71
0.0135
1.38
1.33
4.05
1.05
34.65
Potential Upside
0.7634
0.3705
0.4568
100.0
0.4606
2.2
25.0
1.07
1.15
0.4628
Treynor Ratio
(0.69)
(0.09)
(2.52)
(0.44)
(0.96)
0.1343
(0.10)
0.7747
0.0709
(1.23)
Maximum Drawdown
1.53
2.23
2.35
150.0
1.07
6.42
50.0
4.34
3.73
5.9
Variance
0.1202
0.0703
0.0979
946.97
0.0576
1.56
145.62
0.5256
0.4955
0.4926
Market Risk Adjusted Performance
(0.68)
(0.08)
(2.51)
(0.43)
(0.95)
0.1443
(0.09)
0.7847
0.0809
(1.22)
Risk Adjusted Performance
0.0763
0.035
(0.05)
0.1038
0.0709
0.0271
0.0198
0.1275
9.0E-4
0.1172
Skewness
0.3133
0.5691
(1.99)
2.0
0.4842
(0.42)
0.5432
0.6287
(0.17)
5.57
Semi Deviation
0.2407
N/A
N/A
N/A
0.0636
1.11
8.35
0.4994
0.667
N/A
Information Ratio
(0.26)
(0.41)
(0.46)
0.1189
(0.41)
(0.07)
0.0029
(0.01)
(0.18)
(0.03)
Value At Risk
(0.52)
(0.41)
(0.46)
(50.00)
(0.31)
(1.86)
(20.00)
(1.18)
(1.45)
N/A
Expected Short fall
(0.29)
N/A
N/A
N/A
(0.26)
(1.20)
(26.04)
(0.54)
(0.60)
N/A
Downside Deviation
0.3509
N/A
N/A
N/A
0.2271
1.67
21.03
0.7159
0.7548
N/A
Semi Variance
0.058
N/A
N/A
N/A
0.004
1.22
69.68
0.2494
0.4449
N/A

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.

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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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