Royal Bank Of Preferred Stock Today
RY-PJ Preferred Stock | 24.61 0.10 0.40% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Royal Bank is selling for under 24.61 as of the 29th of November 2024; that is 0.4 percent decrease since the beginning of the trading day. The preferred stock's last reported lowest price was 24.49. Royal Bank has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Royal Bank of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2022 and ending today, the 29th of November 2024. Click here to learn more.
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Royal Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Royal Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Royal Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO President | David McKay |
Thematic Idea | Banks (View all Themes) |
Business Concentration | Banks, Financials, Banks, Banks-Diversified, Financial Services (View all Sectors) |
Royal Bank of (RY-PJ) is traded on Toronto Exchange in Canada and employs 96,165 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 189.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Royal Bank's market, we take the total number of its shares issued and multiply it by Royal Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Royal Bank operates under Banks sector and is part of Financials industry. The entity has 1.44 B outstanding shares of which 29.02 K shares are at this time shorted by private and institutional investors with about 2.12 days to cover all short positions.
Royal Bank generates positive cash flow from operations, but has no cash available
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Ownership AllocationRoyal Bank owns a total of 1.44 Billion outstanding shares. 30% of Royal Bank of outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Royal Bank Risk Profiles
Although Royal Bank's alpha and beta are two of the key measurements used to evaluate Royal Bank's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.2792 | |||
Semi Deviation | 0.3393 | |||
Standard Deviation | 0.422 | |||
Variance | 0.1781 |
Royal Stock Against Markets
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Royal Bank Corporate Management
Elected by the shareholders, the Royal Bank's board of directors comprises two types of representatives: Royal Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Royal. The board's role is to monitor Royal Bank's management team and ensure that shareholders' interests are well served. Royal Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Royal Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amy Cairncross | Senior Communications | Profile | |
Derek CFA | Group Markets | Profile | |
Katherine Gibson | Interim Controller | Profile | |
Greg Grice | Executive Services | Profile | |
Pierre Sigrist | Chief Management | Profile | |
Gay Mitchell | Deputy Management | Profile | |
Bruce Ross | Group Operations | Profile |
Additional Tools for Royal Preferred 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.