RBC Quant Five Year Return vs. Beta
| RID Etf | CAD 26.11 0.08 0.31% |
For RBC Quant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RBC Quant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RBC Quant EAFE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RBC Quant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RBC Quant EAFE over time as well as its relative position and ranking within its peers.
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RBC Quant EAFE Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RBC Quant's current stock value. Our valuation model uses many indicators to compare RBC Quant value to that of its competitors to determine the firm's financial worth. RBC Quant EAFE is presently regarded as number one ETF in five year return as compared to similar ETFs. It also is presently regarded as number one ETF in beta as compared to similar ETFs totaling about 0.16 of Beta per Five Year Return. The ratio of Five Year Return to Beta for RBC Quant EAFE is roughly 6.45 . Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC Quant by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC Quant's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.RBC Beta vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
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| = | 6.00 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
RBC Quant |
| = | 0.93 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
RBC Beta Comparison
RBC Quant is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
RBC Quant returns are very sensitive to returns on the market. As the market goes up or down, RBC Quant is expected to follow.
RBC Quant Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RBC Quant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RBC Quant will eventually generate negative long term returns. The profitability progress is the general direction of RBC Quant's change in net profit over the period of time. It can combine multiple indicators of RBC Quant, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to provide unitholders with exposure to the performance of a diversified portfolio of high-quality dividend-paying equity securities in markets in Europe, Australasia and the Far East that will provide regular income and that have the potential for long-term capital growth. RBC QUANT is traded on Toronto Stock Exchange in Canada.
RBC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RBC Quant. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RBC Quant position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RBC Quant's important profitability drivers and their relationship over time.
Use RBC Quant in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RBC Quant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RBC Quant will appreciate offsetting losses from the drop in the long position's value.RBC Quant Pair Trading
RBC Quant EAFE Pair Trading Analysis
The ability to find closely correlated positions to RBC Quant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RBC Quant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RBC Quant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RBC Quant EAFE to buy it.
The correlation of RBC Quant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RBC Quant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Quant EAFE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RBC Quant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your RBC Quant position
In addition to having RBC Quant in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Marketing Thematic Idea Now
Marketing
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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Other Information on Investing in RBC Etf
To fully project RBC Quant's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RBC Quant EAFE at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include RBC Quant's income statement, its balance sheet, and the statement of cash flows.