Rbc Target 2026 Etf Market Value
| RQO Etf | CAD 18.59 0.02 0.11% |
| Symbol | RBC |
RBC Target '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 Target'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 Target.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in RBC Target on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding RBC Target 2026 or generate 0.0% return on investment in RBC Target over 180 days. RBC Target is related to or competes with RBC Target. RBC TARGET is traded on Toronto Stock Exchange in Canada. More
RBC Target 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 Target'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 Target 2026 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.116 | |||
| Information Ratio | (1.14) | |||
| Maximum Drawdown | 0.432 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.2146 |
RBC Target Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Target's standard deviation. In reality, there are many statistical measures that can use RBC Target historical prices to predict the future RBC Target's volatility.| Risk Adjusted Performance | 0.0335 | |||
| Jensen Alpha | 0.0035 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.01) | |||
| Treynor Ratio | (1.21) |
RBC Target 2026 Backtested Returns
As of now, RBC Etf is very steady. RBC Target 2026 retains Efficiency (Sharpe Ratio) of 0.13, which implies the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RBC Target, which you can use to evaluate the volatility of the entity. Please check RBC Target's market risk adjusted performance of (1.20), and Downside Deviation of 0.116 to confirm if the risk estimate we provide is consistent with the expected return of 0.0136%. The entity owns a Beta (Systematic Risk) of -0.0026, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RBC Target are expected to decrease at a much lower rate. During the bear market, RBC Target is likely to outperform the market.
Auto-correlation | 0.75 |
Good predictability
RBC Target 2026 has good predictability. Overlapping area represents the amount of predictability between RBC Target time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Target 2026 price movement. The serial correlation of 0.75 indicates that around 75.0% of current RBC Target price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RBC Target 2026 lagged returns against current returns
Autocorrelation, which is RBC Target etf'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 Target's etf expected returns. We can calculate the autocorrelation of RBC Target returns to help us make a trade decision. For example, suppose you find that RBC Target has exhibited high autocorrelation historically, and you observe that the etf 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 Target 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 Target etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBC Target etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBC Target etf over time.
Current vs Lagged Prices |
| Timeline |
RBC Target Lagged Returns
When evaluating RBC Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBC Target etf have on its future price. RBC Target 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 Target autocorrelation shows the relationship between RBC Target etf current value and its past values and can show if there is a momentum factor associated with investing in RBC Target 2026.
Regressed Prices |
| Timeline |
Other Information on Investing in RBC Etf
RBC Target 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 Target security.