Rbc Global Technology Fund Probability of Future Fund Price Finishing Under 19.08
| 0P000075UM | 24.98 0.21 0.85% |
RBC |
RBC Global Target Price Odds to finish below 19.08
The tendency of RBC Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 19.08 or more in 90 days |
| 24.98 | 90 days | 19.08 | near 1 |
Based on a normal probability distribution, the odds of RBC Global to drop to 19.08 or more in 90 days from now is near 1 (This RBC Global Technology probability density function shows the probability of RBC Fund to fall within a particular range of prices over 90 days) . Probability of RBC Global Technology price to stay between 19.08 and its current price of 24.98 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon RBC Global has a beta of 0.56. This suggests as returns on the market go up, RBC Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RBC Global Technology will be expected to be much smaller as well. Additionally RBC Global Technology has an alpha of 0.2205, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RBC Global Price Density |
| Price |
Predictive Modules for RBC Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RBC Global Technology. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.RBC Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RBC Global is not an exception. The market had few large corrections towards the RBC Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RBC Global Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RBC Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | 0.20 |
RBC Global Technical Analysis
RBC Global's future price can be derived by breaking down and analyzing its technical indicators over time. RBC Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RBC Global Technology. In general, you should focus on analyzing RBC Fund price patterns and their correlations with different microeconomic environments and drivers.
RBC Global Predictive Forecast Models
RBC Global's time-series forecasting models is one of many RBC Global's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RBC Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RBC Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RBC Global's short interest history, or implied volatility extrapolated from RBC Global options trading.
Other Information on Investing in RBC Fund
RBC Global financial ratios help investors to determine whether RBC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RBC with respect to the benefits of owning RBC Global security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |