It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
RY’s FA Score shows that 2 FA rating(s) are green while.
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
RY’s TA Score shows that 2 TA indicator(s) are bullish.
RY (@Major Banks) experienced а -1.10% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Major Banks industry was +0.66%. For the same industry, the average monthly price growth was +0.83%, and the average quarterly price growth was +8.81%.
RY is expected to report earnings on Feb 21, 2025.
Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.
RY | ||
---|---|---|
OUTLOOK RATING 1..100 | 63 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 94 Overvalued | |
PROFIT vs RISK RATING 1..100 | 33 | |
SMR RATING 1..100 | 2 | |
PRICE GROWTH RATING 1..100 | 46 | |
P/E GROWTH RATING 1..100 | 36 | |
SEASONALITY SCORE 1..100 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
RY | SCHF | |
---|---|---|
RSI ODDS (%) | N/A | N/A |
Stochastic ODDS (%) | 9 days ago52% | 9 days ago83% |
Momentum ODDS (%) | 9 days ago57% | 9 days ago81% |
MACD ODDS (%) | 9 days ago43% | N/A |
TrendWeek ODDS (%) | 9 days ago52% | 9 days ago79% |
TrendMonth ODDS (%) | 9 days ago44% | 9 days ago74% |
Advances ODDS (%) | N/A | N/A |
Declines ODDS (%) | 9 days ago55% | 10 days ago79% |
BollingerBands ODDS (%) | 9 days ago69% | 9 days ago90% |
Aroon ODDS (%) | N/A | 9 days ago66% |
A.I.dvisor indicates that over the last year, RY has been closely correlated with CM. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if RY jumps, then CM could also see price increases.
A.I.dvisor indicates that over the last year, SCHF has been closely correlated with BN. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if SCHF jumps, then BN could also see price increases.
Ticker / NAME | Correlation To SCHF | 1D Price Change % | ||
---|---|---|---|---|
SCHF | 100% | -0.42% | ||
BN - SCHF | 75% Closely correlated | -0.70% | ||
BNS - SCHF | 73% Closely correlated | +0.30% | ||
RY - SCHF | 69% Closely correlated | -0.90% | ||
BMO - SCHF | 69% Closely correlated | -0.05% | ||
BHP - SCHF | 68% Closely correlated | -0.78% | ||
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