Rbc Bluebay Core Fund Market Value
| RCPAX Fund | USD 9.02 0.02 0.22% |
| Symbol | Rbc |
Rbc Bluebay '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 Bluebay's mutual fund 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 Bluebay.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Rbc Bluebay on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Rbc Bluebay Core or generate 0.0% return on investment in Rbc Bluebay over 720 days. Rbc Bluebay is related to or competes with Prudential Core, Guggenheim Diversified, Adams Diversified, Lord Abbett, Evaluator Conservative, Huber Capital, and Delaware Limited-term. The fund invests, under normal circumstances, at least 80 percent of its assets in fixed income securities More
Rbc Bluebay 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 Bluebay's mutual fund 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 Bluebay Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 2.12 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5501 |
Rbc Bluebay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Bluebay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Bluebay's standard deviation. In reality, there are many statistical measures that can use Rbc Bluebay historical prices to predict the future Rbc Bluebay's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.18) |
Rbc Bluebay Core Backtested Returns
At this stage we consider Rbc Mutual Fund to be very steady. Rbc Bluebay Core maintains Sharpe Ratio (i.e., Efficiency) of 0.012, which implies the entity had a 0.012% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Rbc Bluebay Core, which you can use to evaluate the volatility of the fund. Please check Rbc Bluebay's Coefficient Of Variation of (29,155), variance of 0.1104, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0041%. The fund holds a Beta of 0.0614, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Bluebay's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Bluebay is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Rbc Bluebay Core has insignificant reverse predictability. Overlapping area represents the amount of predictability between Rbc Bluebay time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Bluebay Core price movement. The serial correlation of -0.18 indicates that over 18.0% of current Rbc Bluebay price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Rbc Bluebay Core lagged returns against current returns
Autocorrelation, which is Rbc Bluebay mutual fund'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 Bluebay's mutual fund expected returns. We can calculate the autocorrelation of Rbc Bluebay returns to help us make a trade decision. For example, suppose you find that Rbc Bluebay has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Bluebay 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 Bluebay mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Bluebay mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rbc Bluebay mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Bluebay Lagged Returns
When evaluating Rbc Bluebay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Bluebay mutual fund have on its future price. Rbc Bluebay 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 Bluebay autocorrelation shows the relationship between Rbc Bluebay mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Bluebay Core.
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.Other Information on Investing in Rbc Mutual Fund
Rbc Bluebay financial ratios help investors to determine whether Rbc Mutual Fund 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 Bluebay security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |