Rbc Banks Yield Etf Performance
| RUBY Etf | CAD 27.14 0.07 0.26% |
The entity owns a Beta (Systematic Risk) of 1.26, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RBC Banks will likely underperform.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in RBC Banks Yield are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, RBC Banks displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | 0.01 |
RBC |
RBC Banks Relative Risk vs. Return Landscape
If you would invest 2,161 in RBC Banks Yield on August 29, 2024 and sell it today you would earn a total of 553.00 from holding RBC Banks Yield or generate 25.59% return on investment over 90 days. RBC Banks Yield is generating 0.3903% of daily returns and assumes 2.1722% volatility on return distribution over the 90 days horizon. Simply put, 19% of etfs are less volatile than RBC, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RBC Banks Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Banks' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RBC Banks Yield, and traders can use it to determine the average amount a RBC Banks' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1797
| Best Portfolio | Best Equity | |||
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| Small Returns | RUBY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average RBC Banks is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RBC Banks by adding it to a well-diversified portfolio.
RBC Banks Fundamentals Growth
RBC Etf prices reflect investors' perceptions of the future prospects and financial health of RBC Banks, and RBC Banks fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RBC Etf performance.
About RBC Banks Performance
By examining RBC Banks' fundamental ratios, stakeholders can obtain critical insights into RBC Banks' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that RBC Banks is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Banks Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a U.S. bank stocks index. RBC US is traded on Toronto Stock Exchange in Canada.Other Information on Investing in RBC Etf
RBC Banks 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 Banks security.