RBC Bearings (Germany) Market Value
| B1X Stock | EUR 312.00 6.00 1.89% |
| Symbol | RBC |
RBC Bearings '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 Bearings' stock 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 Bearings.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in RBC Bearings on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding RBC Bearings Incorporated or generate 0.0% return on investment in RBC Bearings over 90 days. RBC Bearings is related to or competes with Techtronic Industries, Snap On, Stanley Black, Toro, Lincoln Electric, AB SKF, and AB SKF. RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe... More
RBC Bearings 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 Bearings' stock 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 Bearings Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0748 | |||
| Maximum Drawdown | 11.19 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.65 |
RBC Bearings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Bearings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Bearings' standard deviation. In reality, there are many statistical measures that can use RBC Bearings historical prices to predict the future RBC Bearings' volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.3003 | |||
| Sortino Ratio | 0.0879 | |||
| Treynor Ratio | (0.04) |
RBC Bearings Backtested Returns
At this point, RBC Bearings is very steady. RBC Bearings retains Efficiency (Sharpe Ratio) of close to zero, which implies the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for RBC Bearings, which you can use to evaluate the volatility of the entity. Please check RBC Bearings' semi deviation of 1.34, and Market Risk Adjusted Performance of (0.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.0175%. The firm owns a Beta (Systematic Risk) of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RBC Bearings are expected to decrease at a much lower rate. During the bear market, RBC Bearings is likely to outperform the market. RBC Bearings at this time owns a risk of 1.91%. Please check RBC Bearings Incorporated semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if RBC Bearings Incorporated will be following its current price history.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
RBC Bearings Incorporated has almost perfect reverse predictability. Overlapping area represents the amount of predictability between RBC Bearings time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th of March 2025. 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 Bearings price movement. The serial correlation of -0.78 indicates that around 78.0% of current RBC Bearings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 314.55 |
RBC Bearings lagged returns against current returns
Autocorrelation, which is RBC Bearings stock'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 Bearings' stock expected returns. We can calculate the autocorrelation of RBC Bearings returns to help us make a trade decision. For example, suppose you find that RBC Bearings has exhibited high autocorrelation historically, and you observe that the stock 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 Bearings 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 Bearings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBC Bearings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBC Bearings stock over time.
Current vs Lagged Prices |
| Timeline |
RBC Bearings Lagged Returns
When evaluating RBC Bearings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBC Bearings stock have on its future price. RBC Bearings 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 Bearings autocorrelation shows the relationship between RBC Bearings stock current value and its past values and can show if there is a momentum factor associated with investing in RBC Bearings Incorporated.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in RBC Stock
When determining whether RBC Bearings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RBC Bearings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rbc Bearings Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rbc Bearings Incorporated Stock:Check out RBC Bearings Correlation, RBC Bearings Volatility and RBC Bearings Alpha and Beta module to complement your research on RBC Bearings. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
RBC Bearings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.