Royal Bank Of Preferred Stock Current Valuation
| RY-PM Preferred Stock | CAD 24.20 0.06 0.25% |
Valuation analysis of Royal Bank helps investors to measure Royal Bank's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Royal Bank's price fluctuation is very steady at this time. Calculation of the real value of Royal Bank is based on 3 months time horizon. Increasing Royal Bank's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Royal Bank's intrinsic value may or may not be the same as its current market price of 24.20, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.2 | Real 21.61 | Hype 24.2 | Naive 24.28 |
The intrinsic value of Royal Bank's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Royal Bank's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Royal Bank of helps investors to forecast how Royal preferred stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Royal Bank more accurately as focusing exclusively on Royal Bank's fundamentals will not take into account other important factors: Royal Bank of Company Current Valuation Analysis
Royal Bank's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Royal Bank Current Valuation | (244.12 B) |
Most of Royal Bank's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Royal Bank of is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Royal Bank of has a Current Valuation of (244.12 Billion). This is 843.84% lower than that of the Banks sector and 238.43% lower than that of the Financials industry. The current valuation for all Canada preferred stocks is significantly higher than that of the company.
Royal Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royal Bank's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. 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 of similar companies.Royal Bank is currently under evaluation in current valuation category among its peers.
Royal Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.008 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | (244.12 B) | ||||
| Shares Outstanding | 1.44 B | ||||
| Shares Owned By Institutions | 35.47 % | ||||
| Number Of Shares Shorted | 10.74 K | ||||
| Price To Earning | 2.03 X | ||||
| Price To Sales | 3.38 X | ||||
| Revenue | 56.26 B | ||||
| Gross Profit | 48.5 B | ||||
| Net Income | 14.86 B | ||||
| Cash And Equivalents | 565.95 B | ||||
| Cash Per Share | 394.64 X | ||||
| Total Debt | 111.46 B | ||||
| Book Value Per Share | 81.28 X | ||||
| Cash Flow From Operations | 26.08 B | ||||
| Short Ratio | 1.85 X | ||||
| Earnings Per Share | 11.44 X | ||||
| Number Of Employees | 96.17 K | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 190.84 B | ||||
| Total Asset | 2 T | ||||
| Retained Earnings | 84.33 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 2 T | ||||
| Last Dividend Paid | 5.53 |
About Royal Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Bank of based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Royal Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Royal Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Royal Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Royal Preferred Stock
Moving against Royal Preferred Stock
The ability to find closely correlated positions to Royal Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Royal Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Royal Bank of to buy it.
The correlation of Royal Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Royal Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royal Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Royal Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.