Rbc Canadian Equity Fund Buy Hold or Sell Recommendation
| 0P00007061 | CAD 30.42 0.11 0.36% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding RBC Canadian Equity is 'Strong Buy'. Macroaxis provides RBC Canadian buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 0P00007061 positions.
Check out RBC Canadian Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as RBC and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards RBC Canadian Equity. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
RBC |
Execute RBC Canadian Buy or Sell Advice
The RBC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on RBC Canadian Equity. Macroaxis does not own or have any residual interests in RBC Canadian Equity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute RBC Canadian's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
RBC Canadian Trading Alerts and Improvement Suggestions
| RBC Canadian Equity generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| RBC Canadian Equity holds 97.64% of its total net assets in equities |
RBC Canadian Returns Distribution Density
The distribution of RBC Canadian's historical returns is an attempt to chart the uncertainty of RBC Canadian's future price movements. The chart of the probability distribution of RBC Canadian daily returns describes the distribution of returns around its average expected value. We use RBC Canadian Equity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RBC Canadian returns is essential to provide solid investment advice for RBC Canadian.
| Mean Return | -0.04 | Value At Risk | -1.4 | Potential Upside | 0.93 | Standard Deviation | 0.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RBC Canadian historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
RBC Canadian Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RBC Canadian or RBC Global Asset Management Inc. sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RBC Canadian's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RBC fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.05 |
RBC Canadian Volatility Alert
RBC Canadian Equity exhibits very low volatility with skewness of -1.83 and kurtosis of 6.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RBC Canadian's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact RBC Canadian's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.RBC Canadian Fundamentals Vs Peers
Comparing RBC Canadian's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze RBC Canadian's direct or indirect competition across all of the common fundamentals between RBC Canadian and the related equities. This way, we can detect undervalued stocks with similar characteristics as RBC Canadian or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of RBC Canadian's fundamental indicators could also be used in its relative valuation, which is a method of valuing RBC Canadian by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare RBC Canadian to competition |
| Fundamentals | RBC Canadian | Peer Average |
| One Year Return | (13.53) % | 4.15 % |
| Three Year Return | (2.09) % | 3.60 % |
| Five Year Return | 0.19 % | 3.24 % |
| Ten Year Return | 2.97 % | 1.79 % |
| Net Asset | 1.53 B | 4.11 B |
| Minimum Initial Investment | 500 | 976.16 K |
| Cash Position Weight | 2.35 % | 10.61 % |
| Equity Positions Weight | 97.64 % | 63.90 % |
RBC Canadian Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as RBC . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 30.42 | |||
| Day Typical Price | 30.42 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.11 | |||
| Relative Strength Index | 48.96 |
About RBC Canadian Buy or Sell Advice
When is the right time to buy or sell RBC Canadian Equity? Buying financial instruments such as RBC Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having RBC Canadian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 23 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Defence Theme or any other thematic opportunities.
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Other Information on Investing in RBC Fund
RBC Canadian 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 Canadian security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |