Rbc Banks Yield Etf Price on June 30, 2023
RUBH Etf | CAD 22.15 0.73 3.41% |
Below is the normalized historical share price chart for RBC Banks Yield extending back to May 15, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RBC Banks stands at 22.15, as last reported on the 27th of November, with the highest price reaching 22.15 and the lowest price hitting 21.96 during the day.
If you're considering investing in RBC Etf, it is important to understand the factors that can impact its price. RBC Banks appears to be not too volatile, given 3 months investment horizon. RBC Banks Yield retains Efficiency (Sharpe Ratio) of 0.14, which implies the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for RBC Banks, which you can use to evaluate the volatility of the entity. Please evaluate RBC Banks' market risk adjusted performance of (4.26), and Semi Deviation of 0.8886 to confirm if our risk estimates are consistent with your expectations.
RBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 29.95 | 200 Day MA 17.6105 | 1 y Volatility 23.41 | 50 Day MA 19.372 | Inception Date 2018-05-10 |
RBC |
Sharpe Ratio = 0.1391
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Estimated Market Risk
2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average RBC Banks is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RBC Banks by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 46.1 K |
RBC Banks Main Headline on 30th of June 2023
RBC Banks Yield dividend paid on 30th of June 2023 |
RBC Banks Valuation on June 30, 2023
It is possible to determine the worth of RBC Banks on a given historical date. On June 30, 2023 RBC was worth 13.09 at the beginning of the trading date compared to the closed value of 13.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RBC Banks etf. Still, in general, we apply an absolute valuation method to find RBC Banks' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RBC Banks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RBC Banks' related companies.
Open | High | Low | Close | Volume | |
13.07 | 13.07 | 13.07 | 13.07 | 100.00 | |
06/30/2023 | 13.09 | 13.09 | 13.09 | 13.09 | 1.00 |
13.37 | 13.37 | 13.37 | 13.37 | 100.00 |
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RBC Banks Trading Date Momentum on June 30, 2023
On July 04 2023 RBC Banks Yield was traded for 13.37 at the closing time. The highest price during the trading period was 13.37 and the lowest recorded bid was listed for 13.37 . The volume for the day was 100.0. This history from July 4, 2023 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 2.14% . The trading delta at closing time to the current price is 0.31% . |
RBC Banks Yield Fundamentals Correlations and Trends
By evaluating RBC Banks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RBC Banks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RBC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RBC Banks Etf history
RBC Banks investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RBC Banks Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RBC Banks stock prices may prove useful in developing a viable investing in RBC Banks
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, either directly or indirectly through investment in other mutual funds managed by RBCGAM or an affiliate, while seeking to minimize exposure to currency fluctuations between the U.S. and the Canadian dollar. RBC US is traded on Toronto Stock Exchange in Canada.
RBC Banks Etf Technical Analysis
RBC Banks technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
RBC Banks Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
RBC Banks Yield cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RBC Banks November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how RBC Banks etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RBC Banks shares will generate the highest return on investment. By undertsting and applying RBC Banks etf market strength indicators, traders can identify RBC Banks Yield entry and exit signals to maximize returns
RBC Banks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RBC Banks' price direction in advance. Along with the technical and fundamental analysis of RBC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of RBC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1286 | |||
Jensen Alpha | 0.3458 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.1771 | |||
Treynor Ratio | (4.27) |
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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.