Royal Bank Preferred Stock Forecast - Simple Moving Average
| RY-PS Preferred Stock | CAD 26.85 0.03 0.11% |
The Simple Moving Average forecasted value of Royal Bank of on the next trading day is expected to be 26.85 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.13. Royal Preferred Stock Forecast is based on your current time horizon.
As of today the value of rsi of Royal Bank's share price is below 20 indicating that the preferred stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Royal Bank hype-based prediction, you can estimate the value of Royal Bank of from the perspective of Royal Bank response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Royal Bank of on the next trading day is expected to be 26.85 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.13. Royal Bank after-hype prediction price | CAD 26.85 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as preferred stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Royal |
Royal Bank Additional Predictive Modules
Most predictive techniques to examine Royal price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Royal using various technical indicators. When you analyze Royal charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Royal Bank Simple Moving Average Price Forecast For the 26th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Royal Bank of on the next trading day is expected to be 26.85 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.13.Please note that although there have been many attempts to predict Royal Preferred Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Royal Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Royal Bank Preferred Stock Forecast Pattern
| Backtest Royal Bank | Royal Bank Price Prediction | Buy or Sell Advice |
Royal Bank Forecasted Value
In the context of forecasting Royal Bank's Preferred Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Royal Bank's downside and upside margins for the forecasting period are 26.50 and 27.20, respectively. We have considered Royal Bank's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Royal Bank preferred stock data series using in forecasting. Note that when a statistical model is used to represent Royal Bank preferred stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 109.6355 |
| Bias | Arithmetic mean of the errors | -0.0148 |
| MAD | Mean absolute deviation | 0.0701 |
| MAPE | Mean absolute percentage error | 0.0026 |
| SAE | Sum of the absolute errors | 4.135 |
Predictive Modules for Royal Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Royal Bank. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Royal Bank After-Hype Price Prediction Density Analysis
As far as predicting the price of Royal Bank at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Royal Bank or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Preferred Stock prices, such as prices of Royal Bank, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Royal Bank Estimiated After-Hype Price Volatility
In the context of predicting Royal Bank's preferred stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Royal Bank's historical news coverage. Royal Bank's after-hype downside and upside margins for the prediction period are 26.50 and 27.20, respectively. We have considered Royal Bank's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Royal Bank is very steady at this time. Analysis and calculation of next after-hype price of Royal Bank is based on 3 months time horizon.
Royal Bank Preferred Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Royal Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royal Bank backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Preferred Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Royal Bank, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 0.35 | 0.03 | 0.00 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
26.85 | 26.85 | 0.00 |
|
Royal Bank Hype Timeline
Royal Bank is at this time traded for 26.85on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. Royal is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 63.64%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.05%. %. The volatility of related hype on Royal Bank is about 368.42%, with the expected price after the next announcement by competition of 26.85. The company recorded earning per share (EPS) of 11.44. Royal Bank last dividend was issued on the 24th of October 2024. Assuming the 90 days trading horizon the next anticipated press release will be in about 5 days. Check out Historical Fundamental Analysis of Royal Bank to cross-verify your projections.Royal Bank Related Hype Analysis
Having access to credible news sources related to Royal Bank's direct competition is more important than ever and may enhance your ability to predict Royal Bank's future price movements. Getting to know how Royal Bank's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Royal Bank may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AAPL | Apple Inc CDR | 0.76 | 1 per month | 0.00 | (0.14) | 2.07 | (1.78) | 6.51 | |
| AAPL | Apple CDR | (0.30) | 3 per month | 0.00 | (0.14) | 2.07 | (1.78) | 6.51 | |
| MSFT | Microsoft CDR | (0.05) | 4 per month | 0.00 | (0.17) | 1.81 | (2.63) | 5.02 | |
| MSFT | Microsoft Corp CDR | 0.00 | 0 per month | 0.00 | (0.18) | 1.81 | (2.63) | 5.02 | |
| GOOG | Alphabet Inc CDR | (0.63) | 2 per month | 1.10 | 0.19 | 3.31 | (2.23) | 9.38 | |
| GOOG | Alphabet CDR (CAD Hedged) | (0.39) | 5 per month | 1.10 | 0.19 | 3.31 | (2.23) | 9.38 | |
| BRK | Berkshire Hathaway CDR | (0.20) | 3 per month | 0.00 | (0.15) | 1.18 | (1.26) | 3.93 | |
| BRK | Berkshire Hathaway CDR | 0.22 | 3 per month | 0.00 | (0.15) | 1.18 | (1.26) | 3.93 | |
| NVDA | Nvidia CDR | 0.19 | 1 per month | 1.88 | (0.01) | 3.08 | (3.45) | 9.47 | |
| NVDA | NVIDIA CDR | (0.55) | 1 per month | 1.88 | (0.01) | 3.08 | (3.45) | 9.47 |
Other Forecasting Options for Royal Bank
For every potential investor in Royal, whether a beginner or expert, Royal Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Royal Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Royal. Basic forecasting techniques help filter out the noise by identifying Royal Bank's price trends.Royal Bank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Royal Bank preferred stock to make a market-neutral strategy. Peer analysis of Royal Bank could also be used in its relative valuation, which is a method of valuing Royal Bank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Royal Bank Market Strength Events
Market strength indicators help investors to evaluate how Royal Bank preferred 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 preferred stock market strength indicators, traders can identify Royal Bank of entry and exit signals to maximize returns.
Royal Bank Risk Indicators
The analysis of Royal Bank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Royal Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting royal preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.2463 | |||
| Semi Deviation | 0.1953 | |||
| Standard Deviation | 0.3488 | |||
| Variance | 0.1217 | |||
| Downside Variance | 0.1223 | |||
| Semi Variance | 0.0382 | |||
| Expected Short fall | (0.27) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Royal Bank
The number of cover stories for Royal Bank depends on current market conditions and Royal Bank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Royal Bank is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Royal Bank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
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.