Royal Bank (UK) Market Value
| 0QKU Stock | 124.68 1.12 0.91% |
| Symbol | Royal |
Royal Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Royal Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Royal Bank.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Royal Bank on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Royal Bank of or generate 0.0% return on investment in Royal Bank over 720 days. Royal Bank is related to or competes with Neometals, Coor Service, Fidelity Sustainable, Sancus Lending, Aeorema Communications, JLEN Environmental, and Power Metal. Royal Bank is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Royal Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Royal Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Royal Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7487 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.78 |
Royal Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Bank's standard deviation. In reality, there are many statistical measures that can use Royal Bank historical prices to predict the future Royal Bank's volatility.| Risk Adjusted Performance | 0.0916 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2058 |
Royal Bank Backtested Returns
Currently, Royal Bank of is very steady. Royal Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0865, which implies the firm had a 0.0865% return per unit of risk over the last 3 months. We have found thirty technical indicators for Royal Bank, which you can use to evaluate the volatility of the company. Please check Royal Bank's Risk Adjusted Performance of 0.0916, coefficient of variation of 849.69, and Semi Deviation of 0.6582 to confirm if the risk estimate we provide is consistent with the expected return of 0.077%. Royal Bank has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Royal Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Royal Bank is expected to be smaller as well. Royal Bank right now holds a risk of 0.89%. Please check Royal Bank jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Royal Bank will be following its historical price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Royal Bank of has very good reverse predictability. Overlapping area represents the amount of predictability between Royal Bank time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Royal Bank price movement. The serial correlation of -0.7 indicates that around 70.0% of current Royal Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 117.19 |
Royal Bank lagged returns against current returns
Autocorrelation, which is Royal Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Royal Bank's stock expected returns. We can calculate the autocorrelation of Royal Bank returns to help us make a trade decision. For example, suppose you find that Royal Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Royal Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Royal Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Royal Bank Lagged Returns
When evaluating Royal Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Bank stock have on its future price. Royal Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Royal Bank autocorrelation shows the relationship between Royal Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Bank of.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Royal 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.