Rbc Small Cap Fund Market Value
| RBRCX Fund | USD 15.95 0.11 0.68% |
| Symbol | Rbc |
Rbc Small '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 Small'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 Small.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in Rbc Small on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding Rbc Small Cap or generate 0.0% return on investment in Rbc Small over 30 days. Rbc Small is related to or competes with Vanguard Small, T Rowe, ABIVAX Société, HUMANA, Barloworld, Morningstar Unconstrained, and Victory Sophus. The fund normally invests at least 80 percent of its assets in common stocks of small companies More
Rbc Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.74 |
Rbc Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Small's standard deviation. In reality, there are many statistical measures that can use Rbc Small historical prices to predict the future Rbc Small's volatility.| Risk Adjusted Performance | 0.0137 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0551 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rbc Small's 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 Small Cap Backtested Returns
We consider Rbc Small very steady. Rbc Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0258, which implies the entity had a 0.0258% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rbc Small Cap, which you can use to evaluate the volatility of the fund. Please check Rbc Small's Semi Deviation of 1.08, risk adjusted performance of 0.0137, and Coefficient Of Variation of 6238.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0256%. The fund holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Small is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Rbc Small Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Rbc Small time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 Small Cap price movement. The serial correlation of -0.03 indicates that only 3.0% of current Rbc Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Rbc Small Cap lagged returns against current returns
Autocorrelation, which is Rbc Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Rbc Small returns to help us make a trade decision. For example, suppose you find that Rbc Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Small Lagged Returns
When evaluating Rbc Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Small mutual fund have on its future price. Rbc Small 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 Small autocorrelation shows the relationship between Rbc Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Small 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.Check out Rbc Small Correlation, Rbc Small Volatility and Rbc Small Alpha and Beta module to complement your research on Rbc Small. Note that the Rbc Small Cap information on this page should be used as a complementary analysis to other Rbc Small's 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Rbc Small technical mutual fund 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, fund market cycles, or different charting patterns.