Rbc International Small Fund Market Value
| RISSX Fund | 12.10 0.20 1.68% |
| Symbol | RBC |
Rbc International '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 International'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 International.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Rbc International on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Rbc International Small or generate 0.0% return on investment in Rbc International over 720 days. Rbc International is related to or competes with Rbc Small, Rbc Enterprise, Rbc Enterprise, Rbc Emerging, Rbc Short, Rbc Smid, and Rbc Bluebay. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Rbc International 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 International'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 International Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.33 |
Rbc International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc International's standard deviation. In reality, there are many statistical measures that can use Rbc International historical prices to predict the future Rbc International's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rbc International'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 International Small Backtested Returns
Rbc International Small maintains Sharpe Ratio (i.e., Efficiency) of -0.0093, which implies the entity had a -0.0093% return per unit of risk over the last 3 months. Rbc International Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rbc International's Coefficient Of Variation of (4,213), variance of 0.782, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The fund holds a Beta of 0.63, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rbc International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc International is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
Rbc International Small has very good reverse predictability. Overlapping area represents the amount of predictability between Rbc International time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 International Small price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Rbc International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Rbc International Small lagged returns against current returns
Autocorrelation, which is Rbc International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Rbc International returns to help us make a trade decision. For example, suppose you find that Rbc International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc International Lagged Returns
When evaluating Rbc International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc International mutual fund have on its future price. Rbc International 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 International autocorrelation shows the relationship between Rbc International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc International Small.
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.Other Information on Investing in RBC Mutual Fund
Rbc International financial ratios help investors to determine whether RBC Mutual 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 International security.
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