Rbc Discount Bond Etf Net Income
| RUDB Etf | 21.70 0.02 0.09% |
As of the 5th of February, RBC Discount owns the coefficient of variation of (1,455), and Market Risk Adjusted Performance of 2.08. In respect to fundamental indicators, the technical analysis model allows you to check possible technical drivers of RBC Discount Bond, as well as the relationship between them.
RBC Discount's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing RBC Discount's valuation are provided below:RBC Discount Bond does not right now have any fundamental measures for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. RBC |
RBC Discount 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RBC Discount's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RBC Discount.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in RBC Discount on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding RBC Discount Bond or generate 0.0% return on investment in RBC Discount over 90 days. RBC Discount is related to or competes with RBC Target, RBC Quant, RBC Quant, RBC Quant, RBC Target, RBC 1, and RBC Quant. RBC Discount is entity of Canada. It is traded as Etf on TO exchange. More
RBC Discount Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RBC Discount's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RBC Discount Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.56 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.4519 |
RBC Discount Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Discount's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Discount's standard deviation. In reality, there are many statistical measures that can use RBC Discount historical prices to predict the future RBC Discount's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 2.07 |
RBC Discount February 5, 2026 Technical Indicators
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| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 2.08 | |||
| Mean Deviation | 0.2648 | |||
| Coefficient Of Variation | (1,455) | |||
| Standard Deviation | 0.3536 | |||
| Variance | 0.1251 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 2.07 | |||
| Maximum Drawdown | 1.56 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.4519 | |||
| Skewness | (0.71) | |||
| Kurtosis | 1.03 |
RBC Discount Bond Backtested Returns
RBC Discount Bond retains Efficiency (Sharpe Ratio) of -0.0924, which implies the etf had a -0.0924 % return per unit of risk over the last 3 months. RBC Discount exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RBC Discount's coefficient of variation of (1,455), and Market Risk Adjusted Performance of 2.08 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0166, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RBC Discount are expected to decrease at a much lower rate. During the bear market, RBC Discount is likely to outperform the market.
Auto-correlation | 0.79 |
Good predictability
RBC Discount Bond has good predictability. Overlapping area represents the amount of predictability between RBC Discount time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RBC Discount Bond price movement. The serial correlation of 0.79 indicates that around 79.0% of current RBC Discount price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, RBC Discount Bond reported net income of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Global Fixed Income (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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About RBC Discount Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RBC Discount Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RBC Discount using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RBC Discount Bond 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.
Pair Trading with RBC Discount
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 Discount 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 Discount will appreciate offsetting losses from the drop in the long position's value.Moving together with RBC Etf
Moving against RBC Etf
| 0.76 | MNS | Royal Canadian Mint | PairCorr |
| 0.74 | HBU | BetaPro Gold Bullion | PairCorr |
| 0.73 | DXBG | Dynamic Global Fixed | PairCorr |
| 0.7 | ZGD | BMO Equal Weight | PairCorr |
| 0.7 | HGGG | Harvest Global Gold | PairCorr |
The ability to find closely correlated positions to RBC Discount 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 Discount 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 Discount - 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 Discount Bond to buy it.
The correlation of RBC Discount 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 Discount moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Discount Bond 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 Discount 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 Discount 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 Discount security.