Rbc Impact Bond Fund Market Value
| RIBYX Fund | USD 8.54 0.01 0.12% |
| Symbol | Rbc |
Rbc Impact '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 Impact'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 Impact.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Rbc Impact on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Rbc Impact Bond or generate 0.0% return on investment in Rbc Impact over 720 days. Rbc Impact is related to or competes with Mirova Global, Morgan Stanley, The Hartford, Ab Global, and Us Global. Under normal circumstances, the fund will invest at least 80 percent of its assets in fixed income securities meeting th... More
Rbc Impact 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 Impact'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 Impact Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.49 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.4592 |
Rbc Impact Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Impact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Impact's standard deviation. In reality, there are many statistical measures that can use Rbc Impact historical prices to predict the future Rbc Impact's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 4.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rbc Impact's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rbc Impact Bond Backtested Returns
Rbc Impact Bond maintains Sharpe Ratio (i.e., Efficiency) of -0.09, which implies the entity had a -0.09% return per unit of risk over the last 3 months. Rbc Impact Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rbc Impact's Coefficient Of Variation of (1,274), variance of 0.0947, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The fund holds a Beta of -0.0081, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rbc Impact are expected to decrease at a much lower rate. During the bear market, Rbc Impact is likely to outperform the market.
Auto-correlation | -0.62 |
Very good reverse predictability
Rbc Impact Bond has very good reverse predictability. Overlapping area represents the amount of predictability between Rbc Impact time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Impact Bond price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Rbc Impact price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Rbc Impact Bond lagged returns against current returns
Autocorrelation, which is Rbc Impact 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 Impact's mutual fund expected returns. We can calculate the autocorrelation of Rbc Impact returns to help us make a trade decision. For example, suppose you find that Rbc Impact 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 Impact 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 Impact mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Impact 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 Impact mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Impact Lagged Returns
When evaluating Rbc Impact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Impact mutual fund have on its future price. Rbc Impact 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 Impact autocorrelation shows the relationship between Rbc Impact mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Impact Bond.
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 Impact 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 Impact security.
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