Royal Bank Of Stock Technical Analysis
RY Stock | CAD 173.77 0.94 0.54% |
As of the 25th of November, Royal Bank holds the Coefficient Of Variation of 371.9, semi deviation of 0.2856, and Risk Adjusted Performance of 0.2065. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royal Bank, as well as the relationship between them.
Royal Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyalRoyal |
Royal Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Royal Bank Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Royal Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Royal Bank Trend Analysis
Use this graph to draw trend lines for Royal Bank of. You can use it to identify possible trend reversals for Royal Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Royal Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royal Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royal Bank of applied against its price change over selected period. The best fit line has a slop of 0.19 , which means Royal Bank of will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1342.24, which is the sum of squared deviations for the predicted Royal Bank price change compared to its average price change.About Royal Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Royal Bank of on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Royal Bank of based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Royal Bank price pattern first instead of the macroeconomic environment surrounding Royal Bank. By analyzing Royal Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Royal Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Royal Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
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 November 25, 2024 Technical Indicators
Most technical analysis of Royal help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Royal from various momentum indicators to cycle indicators. When you analyze Royal charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
Risk Adjusted Performance | 0.2065 | |||
Market Risk Adjusted Performance | 1.05 | |||
Mean Deviation | 0.5972 | |||
Semi Deviation | 0.2856 | |||
Downside Deviation | 0.5819 | |||
Coefficient Of Variation | 371.9 | |||
Standard Deviation | 0.7856 | |||
Variance | 0.6171 | |||
Information Ratio | 0.1024 | |||
Jensen Alpha | 0.1778 | |||
Total Risk Alpha | 0.0775 | |||
Sortino Ratio | 0.1383 | |||
Treynor Ratio | 1.04 | |||
Maximum Drawdown | 4.18 | |||
Value At Risk | (0.82) | |||
Potential Upside | 1.7 | |||
Downside Variance | 0.3386 | |||
Semi Variance | 0.0816 | |||
Expected Short fall | (0.78) | |||
Skewness | 0.5303 | |||
Kurtosis | 1.44 |
Royal Bank November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Royal stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 76,057 | ||
Daily Balance Of Power | (0.49) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 174.63 | ||
Day Typical Price | 174.34 | ||
Price Action Indicator | (1.32) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.