Rbc Quant European Etf Fundamentals
| RPD Etf | CAD 25.13 0.07 0.28% |
RBC Quant European fundamentals help investors to digest information that contributes to RBC Quant's financial success or failures. It also enables traders to predict the movement of RBC Etf. The fundamental analysis module provides a way to measure RBC Quant's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RBC Quant etf.
RBC |
RBC Quant European ETF Price To Earning Analysis
RBC Quant's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current RBC Quant Price To Earning | 14.39 X |
Most of RBC Quant's fundamental indicators, such as Price To Earning, 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 Quant European is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, RBC Quant European has a Price To Earning of 14.39 times. This is much higher than that of the RBC Global Asset Management Inc. family and significantly higher than that of the European Equity category. The price to earning for all Canada etfs is notably lower than that of the firm.
RBC Quant European Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RBC Quant's current stock value. Our valuation model uses many indicators to compare RBC Quant value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RBC Quant competition to find correlations between indicators driving RBC Quant's intrinsic value. More Info.RBC Quant European is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in beta as compared to similar ETFs totaling about 0.07 of Beta per Price To Earning. The ratio of Price To Earning to Beta for RBC Quant European is roughly 15.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC Quant by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC Quant's 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 Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RBC Quant's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RBC Quant could also be used in its relative valuation, which is a method of valuing RBC Quant by comparing valuation metrics of similar companies.RBC Quant is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for RBC Quant
The fund consists of 96.62% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides RBC Quant's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
RBC Fundamentals
| Price To Earning | 14.39 X | |||
| Beta | 0.95 | |||
| Annual Yield | 0.07 % | |||
| One Year Return | 13.30 % | |||
| Three Year Return | 6.70 % | |||
| Five Year Return | 6.70 % | |||
| Ten Year Return | 5.50 % | |||
| Last Dividend Paid | 0.11 | |||
| Equity Positions Weight | 96.62 % |
About RBC Quant Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RBC Quant European's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RBC Quant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RBC Quant European based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund seeks to provide unitholders with exposure to the performance of a diversified portfolio of high-quality European dividend-paying equity securities that will provide regular income and that have the potential for long-term capital growth. RBC QUANT is traded on Toronto Stock Exchange in Canada.
Pair Trading with RBC Quant
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 Quant 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 Quant will appreciate offsetting losses from the drop in the long position's value.Moving together with RBC Etf
| 0.82 | ZWP | BMO Europe High | PairCorr |
| 0.74 | ZWE | BMO Europe High | PairCorr |
| 0.89 | XEU | iShares MSCI Europe | PairCorr |
| 0.83 | ZEQ | BMO MSCI Europe | PairCorr |
| 0.88 | VE | Vanguard FTSE Developed | PairCorr |
Moving against RBC Etf
| 0.84 | FBTC | Fidelity Advantage | PairCorr |
| 0.84 | EBIT | Bitcoin ETF CAD | PairCorr |
| 0.84 | BTCQ | 3iQ Bitcoin ETF | PairCorr |
| 0.84 | BTCC | Purpose Bitcoin CAD | PairCorr |
| 0.83 | ETC | Evolve Cryptocurrencies | PairCorr |
The ability to find closely correlated positions to RBC Quant 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 Quant 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 Quant - 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 Quant European to buy it.
The correlation of RBC Quant 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 Quant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Quant European 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 Quant 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 Etf
RBC Quant 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 Quant security.