Royal Bank (Germany) Market Value

RYC Stock  EUR 114.22  1.14  0.99%   
Royal Bank's market value is the price at which a share of Royal Bank trades on a public exchange. It measures the collective expectations of Royal Bank of investors about its performance. Royal Bank is trading at 114.22 as of the 23rd of December 2024. This is a 0.99% down since the beginning of the trading day. The stock's lowest day price was 114.14.
With this module, you can estimate the performance of a buy and hold strategy of Royal Bank of and determine expected loss or profit from investing in Royal Bank over a given investment horizon. Check out Royal Bank Correlation, Royal Bank Volatility and Royal Bank Alpha and Beta module to complement your research on Royal Bank.
Symbol

Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank'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.

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.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in Royal Bank on November 23, 2024 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 30 days. Royal Bank is related to or competes with Bank of America, Wells Fargo, China Construction, HSBC Holdings, HSBC Holdings, Agricultural Bank, and Royal Bank. Royal Bank of Canada operates as a diversified financial service company worldwide 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.

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.
Hype
Prediction
LowEstimatedHigh
113.03114.22115.41
Details
Intrinsic
Valuation
LowRealHigh
113.21114.40115.59
Details

Royal Bank Backtested Returns

At this point, Royal Bank is very steady. Royal Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0665, which implies the firm had a 0.0665% 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 Semi Deviation of 0.8798, coefficient of variation of 1254.57, and Risk Adjusted Performance of 0.0665 to confirm if the risk estimate we provide is consistent with the expected return of 0.0791%. Royal Bank has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. 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 1.19%. Please check Royal Bank potential upside, skewness, rate of daily change, as well as the relationship between the semi variance and accumulation distribution , to decide if Royal Bank will be following its historical price patterns.

Auto-correlation

    
  -0.6  

Good reverse predictability

Royal Bank of has good reverse predictability. Overlapping area represents the amount of predictability between Royal Bank time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 -0.6 indicates that roughly 60.0% of current Royal Bank price fluctuation can be explain by its past prices.
Correlation Coefficient-0.6
Spearman Rank Test-0.58
Residual Average0.0
Price Variance2.76

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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Additional Information and Resources on Investing in Royal Stock

When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
Check out Royal Bank Correlation, Royal Bank Volatility and Royal Bank Alpha and Beta module to complement your research on Royal Bank.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
A focus of Royal Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Royal Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...