Royal Stock Market Value

RCL
 Stock
  

USD 45.76  1.72  3.91%   

Royal Caribbean's market value is the price at which a share of Royal Caribbean stock trades on a public exchange. It measures the collective expectations of Royal Caribbean Cruises investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Royal Caribbean Cruises and determine expected loss or profit from investing in Royal Caribbean over a given investment horizon. Additionally, take a look at Royal Caribbean Correlation, Royal Caribbean Volatility and Royal Caribbean Alpha and Beta module to complement your research on Royal Caribbean.
Symbol


Is Royal Caribbean's industry 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 Royal Caribbean. If investors know Royal 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 Royal Caribbean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Royal Caribbean Cruises is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Caribbean's value that differs from its market value or its book value, called intrinsic value, which is Royal Caribbean'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 Royal Caribbean's market value can be influenced by many factors that don't directly affect Royal Caribbean'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 Royal Caribbean's value and its price as these two are different measures arrived at by different means. Investors typically determine Royal Caribbean value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Caribbean'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 Caribbean '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 Caribbean'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 Caribbean.
0.00
08/28/2022
No Change 0.00  0.0 
In 31 days
09/27/2022
0.00
If you would invest  0.00  in Royal Caribbean on August 28, 2022 and sell it all today you would earn a total of 0.00 from holding Royal Caribbean Cruises or generate 0.0% return on investment in Royal Caribbean over 30 days. Royal Caribbean Cruises Ltd. operates as a cruise company worldwide More

Royal Caribbean 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 Caribbean'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 Caribbean Cruises upside and downside potential and time the market with a certain degree of confidence.

Royal Caribbean Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Caribbean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Caribbean's standard deviation. In reality, there are many statistical measures that can use Royal Caribbean historical prices to predict the future Royal Caribbean's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Royal Caribbean'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. Please use the tools below to analyze the current value of Royal Caribbean in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.8946.1350.37
Details
Intrinsic
Valuation
LowReal ValueHigh
41.1859.1763.41
Details
Naive
Forecast
LowNext ValueHigh
37.9742.2146.45
Details
13 Analysts
Consensus
LowTarget PriceHigh
85.00101.67120.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Royal Caribbean. Your research has to be compared to or analyzed against Royal Caribbean's peers to derive any actionable benefits. When done correctly, Royal Caribbean's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Royal Caribbean Cruises.

Royal Caribbean Cruises Backtested Returns

Royal Caribbean appears to be very steady, given 3 months investment horizon. Royal Caribbean Cruises maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had 0.11% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Royal Caribbean Cruises, which you can use to evaluate the future volatility of the company. Please evaluate Royal Caribbean's Risk Adjusted Performance of 0.1073, coefficient of variation of 1151.27, and Semi Deviation of 4.19 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Royal Caribbean holds a performance score of 8. The company holds a Beta of 2.4037, which implies a somewhat significant risk relative to the market. Let's try to break down what Royal's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Royal Caribbean will likely underperform. Although it is vital to follow Royal Caribbean Cruises current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Royal Caribbean Cruises technical indicators, you can presently evaluate if the expected return of 0.47% will be sustainable into the future. Please employ Royal Caribbean Cruises maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and rate of daily change to make a quick decision on whether Royal Caribbean historical price patterns will revert.

Auto-correlation

    
  -0.75  

Almost perfect reverse predictability

Royal Caribbean Cruises has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Royal Caribbean time series from 28th of August 2022 to 12th of September 2022 and 12th of September 2022 to 27th of September 2022. 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 Caribbean Cruises price movement. The serial correlation of -0.75 indicates that around 75.0% of current Royal Caribbean price fluctuation can be explain by its past prices.
Correlation Coefficient-0.75
Spearman Rank Test-0.18
Residual Average0.0
Price Variance4.14

Royal Caribbean Cruises lagged returns against current returns

Autocorrelation, which is Royal Caribbean 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 Caribbean's stock expected returns. We can calculate the autocorrelation of Royal Caribbean returns to help us make a trade decision. For example, suppose you find that Royal Caribbean stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Royal Caribbean 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 Caribbean stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Caribbean stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Caribbean stock over time.
   Current vs Lagged Prices   
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       Timeline  

Royal Caribbean Lagged Returns

When evaluating Royal Caribbean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Caribbean stock have on its future price. Royal Caribbean 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 Caribbean autocorrelation shows the relationship between Royal Caribbean stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Caribbean Cruises.
   Regressed Prices   
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       Timeline  

Royal Caribbean Implied Volatility

    
  110.76  
Royal Caribbean's implied volatility exposes the market's sentiment of Royal Caribbean Cruises stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Royal Caribbean's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Royal Caribbean stock will not fluctuate a lot when Royal Caribbean's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Caribbean in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Caribbean's short interest history, or implied volatility extrapolated from Royal Caribbean options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Royal Caribbean Correlation, Royal Caribbean Volatility and Royal Caribbean Alpha and Beta module to complement your research on Royal Caribbean. Note that the Royal Caribbean Cruises information on this page should be used as a complementary analysis to other Royal Caribbean's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Royal Stock analysis

When running Royal Caribbean Cruises price analysis, check to measure Royal Caribbean'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 Caribbean is operating at the current time. Most of Royal Caribbean's value examination focuses on studying past and present price action to predict the probability of Royal Caribbean's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Royal Caribbean's price. Additionally, you may evaluate how the addition of Royal Caribbean to your portfolios can decrease your overall portfolio volatility.
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Royal Caribbean 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 Caribbean technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Royal Caribbean 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...