RBVAX Mutual Fund Manager Performance Evaluation

RBVAX -  USA Fund  

USD 13.91  0.23  1.63%

The entity owns a Beta (Systematic Risk) of -0.2683, which implies not very significant fluctuations relative to the market. Let's try to break down what RBVAX's beta means in this case. 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. Even though it is essential to pay attention to RBC Small Cap existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach towards forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. RBC Small exposes twenty-one different technical indicators, which can help you to evaluate its performance.

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 RBVAX Performance
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Over the last 90 days RBC Small Cap has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, RBC Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Annual Report Expense Ratio1.10%

RBC Small Relative Risk vs. Return Landscape

If you would invest  1,423  in RBC Small Cap on June 28, 2021 and sell it today you would lose (32.00)  from holding RBC Small Cap or give up 2.25% of portfolio value over 90 days. RBC Small Cap is currently producing negative expected returns and takes up 1.2572% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than RBVAX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon RBC Small is expected to under-perform the market. In addition to that, the company is 1.71 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

RBC Small Current Valuation

Overvalued
Today
13.91
26th of September 2021
Share
Please note that RBC Small's price fluctuation is very steady at this time.
RBC Small Cap owns a latest Real Value of $12.78 per share. The recent price of the fund is $13.91. At this time, the entity appears to be overvalued. We determine the value of RBC Small Cap from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued equities and dropping overvalued equities since, in the future, stock prices and their ongoing real values will converge.
Our valuation method for RBC Small Cap is useful when determining the fair value of the RBVAX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of RBC Small. Since RBC Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of RBVAX Mutual Fund. However, RBC Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
12.78
Real Value
14.04
Upside
Estimating the potential upside or downside of RBC Small Cap helps investors to forecast how RBVAX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of RBC Small more accurately as focusing exclusively on RBC Small's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
12.6513.9115.17
Details

RBC Small Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as RBC Small Cap, and traders can use it to determine the average amount a RBC Small's 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 = -0.023

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Negative ReturnsRBVAX
Estimated Market Risk
 1.26
  actual daily
 
 10 %
of total potential
 
1010
Expected Return
 -0.03
  actual daily
 
 0 %
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00
Risk-Adjusted Return
 -0.02
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 0 %
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00
Based on monthly moving average RBC Small is performing at about 0% 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 Small by adding it to a well-diversified portfolio.

About RBC Small Performance

To evaluate RBC Small Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RBC Small generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RBVAX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RBC Small Cap stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents RBVAX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in common stocks of small companies that are considered to be undervalued in relation to earnings, dividends andor assets. RBC Small is traded on NASDAQ Exchange in the United States.

Things to note about RBC Small Cap

Checking the ongoing alerts about RBC Small for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RBC Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

RBC Small Alerts

Equity Alerts and Improvement Suggestions

RBC Small Cap generates negative expected return over the last 90 days
The fund maintains 98.33% of its assets in stocks
Additionally, take a look at Your Equity Center. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running RBC Small Cap 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 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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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 RBC Small value 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.