RBC Canadian Financial Statements From 2010 to 2024
| 0P00007061 | CAD 31.76 0.02 0.06% |
Check RBC Canadian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RBC Canadian's main balance sheet or income statement drivers, such as , as well as many indicators such as . RBC financial statements analysis is a perfect complement when working with RBC Canadian Valuation or Volatility modules.
RBC |
RBC Canadian Equity Fund Net Asset Analysis
RBC Canadian's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current RBC Canadian Net Asset | 1.53 B |
Most of RBC Canadian's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RBC Canadian Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, RBC Canadian Equity has a Net Asset of 1.53 B. This is 90.58% lower than that of the RBC Global Asset Management Inc. family and significantly higher than that of the Canadian Equity category. The net asset for all Canada funds is notably lower than that of the firm.
RBC Canadian Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RBC Canadian's current stock value. Our valuation model uses many indicators to compare RBC Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RBC Canadian competition to find correlations between indicators driving RBC Canadian's intrinsic value. More Info.RBC Canadian Equity is fifth largest fund in one year return among similar funds. It is rated below average in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC Canadian's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About RBC Canadian Financial Statements
RBC Canadian stakeholders use historical fundamental indicators, such as RBC Canadian's revenue or net income, to determine how well the company is positioned to perform in the future. Although RBC Canadian investors may analyze each financial statement separately, they are all interrelated. For example, changes in RBC Canadian's assets and liabilities are reflected in the revenues and expenses on RBC Canadian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RBC Canadian Equity. Please read more on our technical analysis and fundamental analysis pages.
To provide long-term capital growth by investing primarily in equity securities of major Canadian companies in order to provide broad exposure to economic growth opportunities in Canada. RBC Canadian is traded on Toronto Stock Exchange in Canada.
Pair Trading with RBC Canadian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RBC Canadian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RBC Canadian will appreciate offsetting losses from the drop in the long position's value.Moving together with RBC Fund
| 0.95 | 0P00007173 | Mawer Canadien actions | PairCorr |
| 0.98 | 0P0000N468 | PHN Canadian Equity | PairCorr |
| 0.89 | 0P000070HA | CI Global Alpha | PairCorr |
| 0.91 | 0P00007138 | RBC sciences biologiques | PairCorr |
Moving against RBC Fund
| 0.85 | 0P000070H9 | CI Global Health | PairCorr |
| 0.62 | 0P00009XRG | Mawer Global Small | PairCorr |
The ability to find closely correlated positions to RBC Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RBC Canadian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RBC Canadian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RBC Canadian Equity to buy it.
The correlation of RBC Canadian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RBC Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Canadian Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RBC Canadian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in RBC Fund
RBC Canadian financial ratios help investors to determine whether RBC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RBC with respect to the benefits of owning RBC Canadian security.
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