Rbc Funds Trust Fund Market Value
| RCPIX Fund | USD 8.94 0.01 0.11% |
| Symbol | Rbc |
Rbc Funds '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 Funds' 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 Funds.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rbc Funds on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rbc Funds Trust or generate 0.0% return on investment in Rbc Funds over 30 days. Rbc Funds is related to or competes with Hartford Healthcare, Tekla Healthcare, Prudential Health, Alphacentric Lifesci, Deutsche Health, and Baron Health. The fund invests, under normal circumstances, at least 80 percent of its assets in fixed income securities More
Rbc Funds 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 Funds' 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 Funds Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 2.12 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.4391 |
Rbc Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Funds' standard deviation. In reality, there are many statistical measures that can use Rbc Funds historical prices to predict the future Rbc Funds' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.41) |
Rbc Funds Trust Backtested Returns
Rbc Funds Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.0377, which implies the entity had a -0.0377% return per unit of risk over the last 3 months. Rbc Funds Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rbc Funds' Coefficient Of Variation of (3,209), variance of 0.0961, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The fund holds a Beta of 0.0482, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Funds is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Rbc Funds Trust has weak predictability. Overlapping area represents the amount of predictability between Rbc Funds time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Funds Trust price movement. The serial correlation of 0.21 indicates that over 21.0% of current Rbc Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rbc Funds Trust lagged returns against current returns
Autocorrelation, which is Rbc Funds 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 Funds' mutual fund expected returns. We can calculate the autocorrelation of Rbc Funds returns to help us make a trade decision. For example, suppose you find that Rbc Funds 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 Funds 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 Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Funds 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 Funds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Funds Lagged Returns
When evaluating Rbc Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Funds mutual fund have on its future price. Rbc Funds 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 Funds autocorrelation shows the relationship between Rbc Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Funds Trust.
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 Funds 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 Funds security.
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