Rbc Bearings Incorporated Stock Market Value
| RBC Stock | USD 244.89 1.03 0.42% |
| Symbol | RBC |
RBC Bearings rporated Price To Book Ratio
Is RBC Bearings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RBC Bearings. If investors know RBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RBC Bearings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.324 | Earnings Share 5.98 | Revenue Per Share 53.378 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0446 |
The market value of RBC Bearings rporated is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' 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 RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' 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 RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.
RBC Bearings '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 Bearings' stock 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 Bearings.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in RBC Bearings on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding RBC Bearings Incorporated or generate 0.0% return on investment in RBC Bearings over 30 days. RBC Bearings is related to or competes with Snap On, LS Starrett, Eastern, Hillman Solutions, and Stanley Black. RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and... More
RBC Bearings 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 Bearings' stock 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 Bearings Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 2.28 |
RBC Bearings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Bearings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Bearings' standard deviation. In reality, there are many statistical measures that can use RBC Bearings historical prices to predict the future RBC Bearings' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RBC Bearings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
RBC Bearings rporated Backtested Returns
RBC Bearings rporated retains Efficiency (Sharpe Ratio) of -0.1, which implies the company had a -0.1% return per unit of risk over the last 3 months. RBC Bearings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RBC Bearings' coefficient of variation of (786.30), and Market Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.28, 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 Bearings will likely underperform. RBC Bearings rporated has an expected return of -0.16%. Please make sure to check RBC Bearings Incorporated skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if RBC Bearings rporated performance from the past will be repeated in the future.
Auto-correlation | 0.46 |
Average predictability
RBC Bearings Incorporated has average predictability. Overlapping area represents the amount of predictability between RBC Bearings time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Bearings rporated price movement. The serial correlation of 0.46 indicates that about 46.0% of current RBC Bearings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 41.54 |
RBC Bearings rporated lagged returns against current returns
Autocorrelation, which is RBC Bearings stock'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 Bearings' stock expected returns. We can calculate the autocorrelation of RBC Bearings returns to help us make a trade decision. For example, suppose you find that RBC Bearings has exhibited high autocorrelation historically, and you observe that the stock 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 Bearings 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 Bearings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBC Bearings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBC Bearings stock over time.
Current vs Lagged Prices |
| Timeline |
RBC Bearings Lagged Returns
When evaluating RBC Bearings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBC Bearings stock have on its future price. RBC Bearings 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 Bearings autocorrelation shows the relationship between RBC Bearings stock current value and its past values and can show if there is a momentum factor associated with investing in RBC Bearings Incorporated.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether RBC Bearings rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:Check out RBC Bearings Correlation, RBC Bearings Volatility and RBC Bearings Alpha and Beta module to complement your research on RBC Bearings. For information on how to trade RBC Stock refer to our How to Trade RBC Stock guide.Note that the RBC Bearings rporated information on this page should be used as a complementary analysis to other RBC Bearings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for RBC Stock analysis
When running RBC Bearings' price analysis, check to measure RBC Bearings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RBC Bearings is operating at the current time. Most of RBC Bearings' value examination focuses on studying past and present price action to predict the probability of RBC Bearings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RBC Bearings' price. Additionally, you may evaluate how the addition of RBC Bearings to your portfolios can decrease your overall portfolio volatility.
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RBC Bearings technical stock 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, stock market cycles, or different charting patterns.