Rbc Smid Cap Fund Market Value
| RSMRX Fund | USD 17.43 0.04 0.23% |
| Symbol | Rbc |
Rbc Smid '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 Smid'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 Smid.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in Rbc Smid on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding Rbc Smid Cap or generate 0.0% return on investment in Rbc Smid over 570 days. Rbc Smid is related to or competes with Virtus Kar, Boston Trust, Virtus Kar, Nuveen Small, and Nationwide Highmark. The fund seeks long-term capital appreciation by normally investing at least 80 percent of its assets in common stocks o... More
Rbc Smid 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 Smid'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 Smid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.58 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.58 |
Rbc Smid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Smid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Smid's standard deviation. In reality, there are many statistical measures that can use Rbc Smid historical prices to predict the future Rbc Smid's volatility.| Risk Adjusted Performance | 0.0507 | |||
| Jensen Alpha | 0.0412 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4051 |
Rbc Smid Cap Backtested Returns
At this stage we consider Rbc Mutual Fund to be very steady. Rbc Smid Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0705, which implies the entity had a 0.0705% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rbc Smid Cap, which you can use to evaluate the volatility of the fund. Please check Rbc Smid's Semi Deviation of 0.9485, risk adjusted performance of 0.0507, and Coefficient Of Variation of 1605.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.08%. The fund holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Smid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Smid is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Rbc Smid Cap has weak predictability. Overlapping area represents the amount of predictability between Rbc Smid time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 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 Smid Cap price movement. The serial correlation of 0.21 indicates that over 21.0% of current Rbc Smid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Rbc Smid Cap lagged returns against current returns
Autocorrelation, which is Rbc Smid 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 Smid's mutual fund expected returns. We can calculate the autocorrelation of Rbc Smid returns to help us make a trade decision. For example, suppose you find that Rbc Smid 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 Smid 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 Smid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Smid 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 Smid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Smid Lagged Returns
When evaluating Rbc Smid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Smid mutual fund have on its future price. Rbc Smid 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 Smid autocorrelation shows the relationship between Rbc Smid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Smid Cap.
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 Smid 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 Smid security.
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