Royce Value Closed Stock Market Value
| RVT Stock | USD 14.23 0.16 1.14% |
| Symbol | Royce |
Royce Value Closed Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royce Value. If investors know Royce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royce Value listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.27 | Earnings Share 1.35 | Revenue Per Share | Quarterly Revenue Growth 0.062 |
The market value of Royce Value Closed is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Value's value that differs from its market value or its book value, called intrinsic value, which is Royce Value's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royce Value's market value can be influenced by many factors that don't directly affect Royce Value's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royce Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Royce Value '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 Royce Value'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 Royce Value.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Royce Value on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Royce Value Closed or generate 0.0% return on investment in Royce Value over 90 days. Royce Value is related to or competes with Royce Global, Nuveen Municipal, BlackRock Capital, DWS Municipal, Tekla Life, Tekla World, and Tekla Healthcare. Royce Value Trust Inc. is a close ended equity mutual fund launched and managed by Royce Associates, LLC More
Royce Value 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 Royce Value'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 Royce Value Closed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.04 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 1.43 |
Royce Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royce Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royce Value's standard deviation. In reality, there are many statistical measures that can use Royce Value historical prices to predict the future Royce Value's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Royce Value's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Royce Value Closed Backtested Returns
Royce Value Closed maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Royce Value Closed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Royce Value's Risk Adjusted Performance of (0.15), coefficient of variation of (549.53), and Variance of 1.38 to confirm the risk estimate we provide. The company holds a Beta of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Royce Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Royce Value is expected to be smaller as well. At this point, Royce Value Closed has a negative expected return of -0.14%. Please make sure to check Royce Value's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Royce Value Closed performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Royce Value Closed has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Royce Value time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Royce Value Closed price movement. The serial correlation of -0.78 indicates that around 78.0% of current Royce Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Royce Value Closed lagged returns against current returns
Autocorrelation, which is Royce Value 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 Royce Value's stock expected returns. We can calculate the autocorrelation of Royce Value returns to help us make a trade decision. For example, suppose you find that Royce Value 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 |
Royce Value 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 Royce Value stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royce Value stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royce Value stock over time.
Current vs Lagged Prices |
| Timeline |
Royce Value Lagged Returns
When evaluating Royce Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royce Value stock have on its future price. Royce Value 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, Royce Value autocorrelation shows the relationship between Royce Value stock current value and its past values and can show if there is a momentum factor associated with investing in Royce Value Closed.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Royce Stock Analysis
When running Royce Value's price analysis, check to measure Royce Value'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 Royce Value is operating at the current time. Most of Royce Value's value examination focuses on studying past and present price action to predict the probability of Royce Value's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Value's price. Additionally, you may evaluate how the addition of Royce Value to your portfolios can decrease your overall portfolio volatility.