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 5 TA indicator(s) are bullish.
RY (@Major Banks) experienced а +2.03% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Major Banks industry was +1.09%. For the same industry, the average monthly price growth was +4.00%, and the average quarterly price growth was +13.14%.
RY is expected to report earnings on Dec 04, 2024.
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 | 27 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 93 Overvalued | |
PROFIT vs RISK RATING 1..100 | 25 | |
SMR RATING 1..100 | 2 | |
PRICE GROWTH RATING 1..100 | 39 | |
P/E GROWTH RATING 1..100 | 34 | |
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 | VEU | |
---|---|---|
RSI ODDS (%) | 1 day ago57% | 5 days ago72% |
Stochastic ODDS (%) | 1 day ago55% | 1 day ago81% |
Momentum ODDS (%) | 1 day ago53% | 1 day ago75% |
MACD ODDS (%) | 1 day ago51% | 1 day ago80% |
TrendWeek ODDS (%) | 1 day ago46% | 1 day ago80% |
TrendMonth ODDS (%) | 1 day ago41% | 1 day ago77% |
Advances ODDS (%) | 1 day ago49% | 1 day ago79% |
Declines ODDS (%) | 8 days ago56% | 10 days ago78% |
BollingerBands ODDS (%) | 1 day ago61% | 1 day ago86% |
Aroon ODDS (%) | 1 day ago31% | 1 day ago74% |
A.I.dvisor indicates that over the last year, RY has been closely correlated with CM. These tickers have moved in lockstep 78% 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, VEU 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 VEU jumps, then BN could also see price increases.