Rbc Funds Correlations
| TIMXX Fund | USD 1.00 0.00 0.00% |
The correlation of Rbc Funds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Rbc |
Related Correlations Analysis
| 0.94 | 0.99 | 0.99 | 0.92 | 0.99 | 0.9 | MDMTX | ||
| 0.94 | 0.93 | 0.94 | 0.98 | 0.93 | 0.96 | CFNLX | ||
| 0.99 | 0.93 | 0.99 | 0.91 | 0.99 | 0.88 | BSHIX | ||
| 0.99 | 0.94 | 0.99 | 0.93 | 0.98 | 0.91 | BIDPX | ||
| 0.92 | 0.98 | 0.91 | 0.93 | 0.9 | 0.99 | BCHIX | ||
| 0.99 | 0.93 | 0.99 | 0.98 | 0.9 | 0.88 | NEMUX | ||
| 0.9 | 0.96 | 0.88 | 0.91 | 0.99 | 0.88 | FHYVX | ||
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Risk-Adjusted Indicators
There is a big difference between Rbc Money Market Fund performing well and Rbc Funds Money Market Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rbc Funds' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MDMTX | 0.20 | (0.04) | 0.00 | (2.67) | 0.00 | 0.38 | 1.71 | |||
| CFNLX | 0.15 | (0.03) | 0.00 | (0.80) | 0.00 | 0.22 | 1.35 | |||
| BSHIX | 0.12 | (0.03) | 0.00 | (3.18) | 0.00 | 0.20 | 1.01 | |||
| BIDPX | 0.18 | (0.03) | 0.00 | (1.42) | 0.00 | 0.36 | 1.64 | |||
| BCHIX | 0.19 | (0.04) | 0.00 | (0.76) | 0.00 | 0.31 | 1.63 | |||
| NEMUX | 0.19 | (0.04) | 0.00 | (0.96) | 0.00 | 0.43 | 1.83 | |||
| FHYVX | 0.20 | (0.04) | 0.00 | (0.81) | 0.00 | 0.34 | 1.88 |