RY Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: RY's stable market position and improved City National performance bolster investor confidence, showing potential for modest growth despite low volatility .




Bearish Case: Flat price action and macroeconomic uncertainties could impede RY's growth. Skepticism around regulatory and market challenges remains high Helium.




Potential Outcomes:
  • Continued stability with strategic growth (40%)
  • Regulatory challenges impede progress (30%)
  • Market volatility causes unexpected shifts (30%)




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January 21, 2025


Royal Bank Of Canada Forecast

RY        Royal Bank Of Canada











Correlated Assets

Assets that tend to move strongly with RY



TT Forecast + Options Trading Strategies   TT  Trane (0.94)


SPYV Forecast + Options Trading Strategies   SPYV  SPDR Portfolio S&P 500 Value (0.94)


RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (0.94)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.94)


CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (0.94)



Uncorrelated Assets

Assets with little price relationship to RY



WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (0.0)


FMC Forecast + Options Trading Strategies   FMC  FMC (-0.0)


CMC Forecast + Options Trading Strategies   CMC  Commercial Metals (0.01)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (0.01)


PLBY Forecast + Options Trading Strategies   PLBY  PLBY (0.02)



Anticorrelated Assets

Assets that tend to move strongly against RY



EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.87)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.87)


BLDP Forecast + Options Trading Strategies   BLDP  Ballard Power Systems (-0.87)


COTY Forecast + Options Trading Strategies   COTY  Coty (-0.87)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)









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