Stock
Royal Bank of Canada
Official Company Name: Royal Bank of Canada
Stock Symbol: RY.PR.T
Stock Market: New York Stock Exchange - NYSE
Currency: United States dollar - USD
Canada
Company Description
The largest bank in Canada by market capitalization, the Royal Bank of Canada - RBC - is a multinational banking and financial services corporation. Founded in 1882, RBC is engaged in commercial banking, investment banking, and insurance throughout Canada; it has also developed branches in the United States as well as in seventeen Caribbean countries.
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Past performance is not a guarantee of future performance. Patterns tend to repeat themselves, but they don't necessarily have to.
Successful backtests on past data do not guarantee the future success of the strategy backtested, especially as backtest overfitting may occur: when the price of a stock may fit particularly well a given trading strategy over a given period, but not necessarily outside of that period. Besides, backtests do not account for exact market conditions and may yield significantly different results in real trading practice (fees, slippage...).
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