Rbc Funds Correlations
| TUGXX 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
| 0.98 | 0.38 | 0.35 | 0.93 | 0.91 | VMSSX | ||
| 0.98 | 0.36 | 0.33 | 0.91 | 0.89 | CDICX | ||
| 0.38 | 0.36 | 0.97 | 0.43 | 0.46 | RSDIX | ||
| 0.35 | 0.33 | 0.97 | 0.45 | 0.5 | AOUNX | ||
| 0.93 | 0.91 | 0.43 | 0.45 | 0.94 | BDMKX | ||
| 0.91 | 0.89 | 0.46 | 0.5 | 0.94 | SIGZX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VMSSX | 0.10 | 0.01 | 0.15 | 0.28 | 0.00 | 0.22 | 0.67 | |||
| CDICX | 0.08 | 0.01 | 0.26 | 0.33 | 0.00 | 0.13 | 0.58 | |||
| RSDIX | 0.09 | 0.02 | 0.34 | 1.01 | 0.00 | 0.21 | 0.73 | |||
| AOUNX | 0.06 | 0.01 | 0.00 | (2.86) | 0.00 | 0.10 | 0.52 | |||
| BDMKX | 0.07 | 0.03 | 0.42 | 2.92 | 0.00 | 0.11 | 0.33 | |||
| SIGZX | 0.05 | 0.01 | 0.30 | 3.82 | 0.00 | 0.10 | 0.61 |