Rbc Bearings Incorporated Stock Market Value
| RBC Stock | USD 336.82 12.37 3.81% |
| Symbol | RBC |
RBC Bearings Price To Book Ratio
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RBC Bearings. If investors know RBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RBC Bearings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 6.87 | Revenue Per Share 54.835 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0475 |
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RBC Bearings '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 Bearings' stock 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 Bearings.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in RBC Bearings on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding RBC Bearings Incorporated or generate 0.0% return on investment in RBC Bearings over 30 days. RBC Bearings is related to or competes with Lincoln Electric, Kennametal, Toro, Snap On, Timken, Eastern, and Hillman Solutions. RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and... More
RBC Bearings 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 Bearings' stock 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 Bearings Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0639 | |||
| Maximum Drawdown | 11.43 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.12 |
RBC Bearings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Bearings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Bearings' standard deviation. In reality, there are many statistical measures that can use RBC Bearings historical prices to predict the future RBC Bearings' volatility.| Risk Adjusted Performance | 0.1132 | |||
| Jensen Alpha | 0.0389 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0906 | |||
| Treynor Ratio | 0.1453 |
RBC Bearings Backtested Returns
RBC Bearings appears to be very steady, given 3 months investment horizon. RBC Bearings retains Efficiency (Sharpe Ratio) of 0.13, which implies the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for RBC Bearings, which you can use to evaluate the volatility of the entity. Please evaluate RBC Bearings' market risk adjusted performance of 0.1553, and Semi Deviation of 0.9415 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RBC Bearings holds a performance score of 10. The firm owns a Beta (Systematic Risk) of 1.58, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RBC Bearings will likely underperform. Please check RBC Bearings' maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether RBC Bearings' current price history will revert.
Auto-correlation | 0.85 |
Very good predictability
RBC Bearings Incorporated has very good predictability. Overlapping area represents the amount of predictability between RBC Bearings time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th of November 2024. 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 Bearings price movement. The serial correlation of 0.85 indicates that around 85.0% of current RBC Bearings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 62.52 |
RBC Bearings lagged returns against current returns
Autocorrelation, which is RBC Bearings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting RBC Bearings' stock expected returns. We can calculate the autocorrelation of RBC Bearings returns to help us make a trade decision. For example, suppose you find that RBC Bearings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
RBC Bearings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RBC Bearings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBC Bearings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBC Bearings stock over time.
Current vs Lagged Prices |
| Timeline |
RBC Bearings Lagged Returns
When evaluating RBC Bearings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBC Bearings stock have on its future price. RBC Bearings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, RBC Bearings autocorrelation shows the relationship between RBC Bearings stock current value and its past values and can show if there is a momentum factor associated with investing in RBC Bearings Incorporated.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:Check out RBC Bearings Correlation, RBC Bearings Volatility and RBC Bearings Alpha and Beta module to complement your research on RBC Bearings. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
RBC Bearings technical stock 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, stock market cycles, or different charting patterns.