RBC Banks Financials
| RUBY Etf | CAD 26.65 0.48 1.83% |
3 y Sharp Ratio 0.01 |
RBC |
The data published in RBC Banks' official financial statements typically reflect RBC Banks' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving RBC Banks' quantitative information. For example, before you start analyzing numbers published by RBC accountants, it's essential to understand RBC Banks' liquidity, profitability, and earnings quality within the context of the RBC Global Asset Management Inc. space in which it operates.
RBC Banks Etf Summary
RBC Banks competes with Brompton Global, Tech Leaders, Global Healthcare, and Brompton Flaherty. Banks Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a U.S. bank stocks index. RBC US is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA75528P1099 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | RBC Global Asset Management Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 855 772 3837 |
| Currency | CAD - Canadian Dollar |
You should never invest in RBC Banks without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of RBC Etf, because this is throwing your money away. Analyzing the key information contained in RBC Banks' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
RBC Banks Key Financial Ratios
RBC Banks' financial ratios allow both analysts and investors to convert raw data from RBC Banks' financial statements into concise, actionable information that can be used to evaluate the performance of RBC Banks over time and compare it to other companies across industries.RBC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RBC Banks's current stock value. Our valuation model uses many indicators to compare RBC Banks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RBC Banks competition to find correlations between indicators driving RBC Banks's intrinsic value. More Info.RBC Banks Yield is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 43.09 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC Banks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC Banks' Etf. 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.RBC Banks Yield Systematic Risk
RBC Banks' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RBC Banks volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on RBC Banks Yield correlated with the market. If Beta is less than 0 RBC Banks generally moves in the opposite direction as compared to the market. If RBC Banks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RBC Banks Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RBC Banks is generally in the same direction as the market. If Beta > 1 RBC Banks moves generally in the same direction as, but more than the movement of the benchmark.
RBC Banks November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RBC Banks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RBC Banks Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of RBC Banks Yield based on widely used predictive technical indicators. In general, we focus on analyzing RBC Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RBC Banks's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.1166 | |||
| Maximum Drawdown | 15.78 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.45 |
Other Information on Investing in RBC Etf
RBC Banks financial ratios help investors to determine whether RBC Etf 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 Banks security.