Rbc Canadian Bank Etf Performance
| RBNK Etf | CAD 28.26 0.24 0.84% |
The entity owns a Beta (Systematic Risk) of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, RBC Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding RBC Canadian is expected to be smaller as well.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in RBC Canadian Bank are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, RBC Canadian may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | 0.34 |
RBC |
RBC Canadian Relative Risk vs. Return Landscape
If you would invest 2,525 in RBC Canadian Bank on September 5, 2024 and sell it today you would earn a total of 301.00 from holding RBC Canadian Bank or generate 11.92% return on investment over 90 days. RBC Canadian Bank is generating 0.1774% of daily returns and assumes 0.5035% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than RBC, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RBC Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RBC Canadian Bank, and traders can use it to determine the average amount a RBC Canadian'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 = 0.3523
| Best Portfolio | Best Equity | |||
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| Small Returns | RBNK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average RBC Canadian is performing at about 27% 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 Canadian by adding it to a well-diversified portfolio.
RBC Canadian Fundamentals Growth
RBC Etf prices reflect investors' perceptions of the future prospects and financial health of RBC Canadian, and RBC Canadian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RBC Etf performance.
| Total Asset | 63.08 M | |||
About RBC Canadian Performance
By examining RBC Canadian's fundamental ratios, stakeholders can obtain critical insights into RBC Canadian's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that RBC Canadian is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The RBC Canadian Bank Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a portfolio of Canadian bank stocks. RBC CDN is traded on Toronto Stock Exchange in Canada.Other Information on Investing in RBC Etf
RBC Canadian financial ratios help investors to determine whether RBC Etf 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 Canadian security.