Royal Bank Of Stock Alpha and Beta Analysis
| RY Stock | USD 125.08 0.01 0.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Royal Bank of. It also helps investors analyze the systematic and unsystematic risks associated with investing in Royal Bank over a specified time horizon. Remember, high Royal Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Royal Bank's market risk premium analysis include:
Beta 0.44 | Alpha 0.1 | Risk 0.87 | Sharpe Ratio 0.15 | Expected Return 0.13 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Royal |
Royal Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Royal Bank market risk premium is the additional return an investor will receive from holding Royal Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Royal Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Royal Bank's performance over market.| α | 0.10 | β | 0.44 |
Royal Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Royal Bank's Buy-and-hold return. Our buy-and-hold chart shows how Royal Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Royal Bank Market Price Analysis
Market price analysis indicators help investors to evaluate how Royal Bank 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 understating and applying Royal Bank stock market price indicators, traders can identify Royal Bank position entry and exit signals to maximize returns.
Royal Bank Return and Market Media
The median price of Royal Bank for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 122.42 with a coefficient of variation of 2.06. The daily time series for the period is distributed with a sample standard deviation of 2.51, arithmetic mean of 121.91, and mean deviation of 1.72. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | USDCAD extends upside above 1.3600 on stronger US Dollar | 10/07/2024 |
2 | Atlas Energy Solutions Inc. Major Shareholder Brian Anthony Leveille Sells 10,000 Shares | 10/31/2024 |
3 | ISC Reports Third Quarter 2024 Financial Results Strong Volumes Continue in the Saskatchewan Land Registry | 11/06/2024 |
4 | Barrick Gold Trading 0.2 percent Higher Whats Next | 11/07/2024 |
5 | USDCAD rises to near 1.4000 on bullish US Dollar, eyes on US PPI da | 11/13/2024 |
6 | USDCAD softens to near 1.3950 on hotter Canadian CPI data, eyes on geopolitical risks | 11/19/2024 |
| Royal Bank dividend paid on 22nd of November 2024 | 11/22/2024 |
About Royal Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Royal or other stocks. Alpha measures the amount that position in Royal Bank has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0393 | 0.036 | 0.0414 | 0.0424 | Price To Sales Ratio | 3.63 | 2.87 | 2.58 | 2.13 |
Royal Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of Royal Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Royal Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Royal Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Royal Bank. Please utilize our Beneish M Score to check the likelihood of Royal Bank's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Build Portfolio with Royal Bank
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.