Rbc Small Cap Fund Market Value

RBVAX Fund  USD 15.45  0.33  2.09%   
Rbc Small's market value is the price at which a share of Rbc Small trades on a public exchange. It measures the collective expectations of Rbc Small Cap investors about its performance. Rbc Small is trading at 15.45 as of the 28th of March 2024; that is -2.09% down since the beginning of the trading day. The fund's open price was 15.78.
With this module, you can estimate the performance of a buy and hold strategy of Rbc Small Cap and determine expected loss or profit from investing in Rbc Small over a given investment horizon. Check out Rbc Small Correlation, Rbc Small Volatility and Rbc Small Alpha and Beta module to complement your research on Rbc Small.
Symbol

Please note, there is a significant difference between Rbc Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rbc Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rbc Small'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.

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.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Rbc Small on February 27, 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 USCF Gold, Rbc Microcap, Rbc Emerging, Rbc Small, Rbc Global, Rbc Global, and Rbc Global. The fund normally invests at least 80 percent of its assets in common stocks of small companies that are considered to b... 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
14.2015.4516.70
Details
Intrinsic
Valuation
LowRealHigh
14.0715.3216.57
Details
Naive
Forecast
LowNextHigh
14.2515.5016.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.5414.5514.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rbc Small. Your research has to be compared to or analyzed against Rbc Small's peers to derive any actionable benefits. When done correctly, Rbc Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rbc Small Cap.

Rbc Small Cap Backtested Returns

We consider Rbc Small very steady. Rbc Small Cap maintains Sharpe Ratio (i.e., Efficiency) of 0.0399, which implies the entity had a 0.0399% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rbc Small Cap, which you can use to evaluate the volatility of the fund. Please check Rbc Small's Risk Adjusted Performance of 0.0487, semi deviation of 1.07, and Coefficient Of Variation of 1283.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0516%. The fund holds a Beta of -0.0958, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rbc Small are expected to decrease at a much lower rate. During the bear market, Rbc Small is likely to outperform the market.

Auto-correlation

    
  0.44  

Average predictability

Rbc Small Cap has average predictability. Overlapping area represents the amount of predictability between Rbc Small time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 0.44 indicates that just about 44.0% of current Rbc Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.05

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  

Currently Active Assets on Macroaxis

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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Rbc Small's price analysis, check to measure Rbc Small's 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 Small is operating at the current time. Most of Rbc Small's value examination focuses on studying past and present price action to predict the probability of Rbc Small's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rbc Small's price. Additionally, you may evaluate how the addition of Rbc Small to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Rbc Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rbc Small trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...