The Rbb Fund Market Value
| TMFM Etf | USD 33.16 0.12 0.36% |
| Symbol | RBB |
The market value of RBB Fund is measured differently than its book value, which is the value of RBB that is recorded on the company's balance sheet. Investors also form their own opinion of RBB Fund's value that differs from its market value or its book value, called intrinsic value, which is RBB Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RBB Fund's market value can be influenced by many factors that don't directly affect RBB Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RBB Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RBB Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBB Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RBB Fund '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 RBB Fund'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 RBB Fund.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in RBB Fund on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding The RBB Fund or generate 0.0% return on investment in RBB Fund over 720 days. RBB Fund is related to or competes with BlackRock Future, Global X, Morningstar Unconstrained, Thrivent High, High-yield Municipal, Via Renewables, and T Rowe. The fund is an actively-managed ETF and pursues its investment objective by using a quality growth investing style More
RBB Fund 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 RBB Fund'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 The RBB Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6742 | |||
| Information Ratio | 0.1434 | |||
| Maximum Drawdown | 4.27 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.7 |
RBB Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBB Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBB Fund's standard deviation. In reality, there are many statistical measures that can use RBB Fund historical prices to predict the future RBB Fund's volatility.| Risk Adjusted Performance | 0.2275 | |||
| Jensen Alpha | 0.1298 | |||
| Total Risk Alpha | 0.1084 | |||
| Sortino Ratio | 0.1813 | |||
| Treynor Ratio | 0.2589 |
RBB Fund Backtested Returns
RBB Fund appears to be very steady, given 3 months investment horizon. RBB Fund maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RBB Fund, which you can use to evaluate the volatility of the etf. Please evaluate RBB Fund's Market Risk Adjusted Performance of 0.2689, coefficient of variation of 337.51, and Semi Deviation of 0.2352 to confirm if our risk estimates are consistent with your expectations. The etf holds a Beta of 0.94, which implies possible diversification benefits within a given portfolio. RBB Fund returns are very sensitive to returns on the market. As the market goes up or down, RBB Fund is expected to follow.
Auto-correlation | 0.47 |
Average predictability
The RBB Fund has average predictability. Overlapping area represents the amount of predictability between RBB Fund 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 RBB Fund price movement. The serial correlation of 0.47 indicates that about 47.0% of current RBB Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 3.9 |
RBB Fund lagged returns against current returns
Autocorrelation, which is RBB Fund 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 RBB Fund's etf expected returns. We can calculate the autocorrelation of RBB Fund returns to help us make a trade decision. For example, suppose you find that RBB Fund 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 |
RBB Fund 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 RBB Fund etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBB Fund etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBB Fund etf over time.
Current vs Lagged Prices |
| Timeline |
RBB Fund Lagged Returns
When evaluating RBB Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBB Fund etf have on its future price. RBB Fund 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, RBB Fund autocorrelation shows the relationship between RBB Fund etf current value and its past values and can show if there is a momentum factor associated with investing in The RBB Fund.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out RBB Fund Correlation, RBB Fund Volatility and RBB Fund Alpha and Beta module to complement your research on RBB Fund. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
RBB Fund technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.