Royal Bank (Germany) Price on December 2, 2024
| RYC Stock | EUR 114.18 1.52 1.31% |
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Royal Bank stands at 114.18, as last reported on the 27th of December, with the highest price reaching 115.70 and the lowest price hitting 114.18 during the day. At this point, Royal Bank is very steady. Royal Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0489, which implies the firm had a 0.0489% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Royal Bank, which you can use to evaluate the volatility of the company. Please check Royal Bank's Coefficient Of Variation of 1176.03, risk adjusted performance of 0.0709, and Semi Deviation of 0.8731 to confirm if the risk estimate we provide is consistent with the expected return of 0.0582%.
Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Royal |
Sharpe Ratio = 0.0489
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | RYC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Royal Bank is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Royal Bank by adding it to a well-diversified portfolio.
Royal Bank Valuation on December 2, 2024
It is possible to determine the worth of Royal Bank on a given historical date. On December 2, 2024 Royal was worth 118.9 at the beginning of the trading date compared to the closed value of 119.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royal Bank stock. Still, in general, we apply an absolute valuation method to find Royal Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Royal Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royal Bank's related companies.
| Open | High | Low | Close | Volume | |
| 117.88 | 118.14 | 117.86 | 117.86 | 22.00 | |
12/02/2024 | 118.90 | 119.22 | 118.68 | 119.22 | 10.00 |
| 118.46 | 120.06 | 117.32 | 117.32 | 8.00 |
| Backtest Royal Bank | | | Royal Bank History | | | Royal Bank Valuation | Previous | Next |
Royal Bank Trading Date Momentum on December 2, 2024
| On December 03 2024 Royal Bank of was traded for 117.32 at the closing time. The highest daily price throughout the period was 120.06 and the lowest price was 117.32 . The daily volume was 8.0. The net trading volume on 12/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.59% . The trading delta at closing time to current closing price is 0.20% . |
Royal Bank Fundamentals Correlations and Trends
By evaluating Royal Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royal Bank Stock history
Royal Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Royal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royal Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Royal Bank stock prices may prove useful in developing a viable investing in Royal Bank
Royal Bank of Canada operates as a diversified financial service company worldwide. The company was founded in 1864 and is headquartered in Toronto, Canada. ROYAL BK operates under Banks - Global classification in Germany and is traded on Frankfurt Stock Exchange. It employs 82197 people.
Royal Bank Stock Technical Analysis
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.
Price Boundaries
Royal Bank Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Royal Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Royal Bank December 27, 2024 Market Strength
Market strength 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 undertsting and applying Royal Bank stock market strength indicators, traders can identify Royal Bank of entry and exit signals to maximize returns
Royal Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royal Bank's price direction in advance. Along with the technical and fundamental analysis of Royal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0709 | |||
| Jensen Alpha | 0.0931 | |||
| Total Risk Alpha | 0.0265 | |||
| Sortino Ratio | 0.0491 | |||
| Treynor Ratio | (2.63) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary 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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |