Rbc China Equity Fund Market Value
| RBCIX Fund | USD 9.08 0.02 0.22% |
| Symbol | Rbc |
Rbc China '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 China's mutual fund 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 China.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Rbc China on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Rbc China Equity or generate 0.0% return on investment in Rbc China over 720 days. Rbc China is related to or competes with Rbc Small, Rbc Enterprise, Rbc Enterprise, Rbc Emerging, Rbc Small, Rbc Short, and Rbc Short. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Rbc China 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 China's mutual fund 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 China Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.0579 | |||
| Maximum Drawdown | 15.95 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 4.65 |
Rbc China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc China's standard deviation. In reality, there are many statistical measures that can use Rbc China historical prices to predict the future Rbc China's volatility.| Risk Adjusted Performance | 0.0833 | |||
| Jensen Alpha | 0.2782 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | (2.68) |
Rbc China Equity Backtested Returns
Rbc China appears to be somewhat reliable, given 3 months investment horizon. Rbc China Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rbc China Equity, which you can use to evaluate the volatility of the fund. Please evaluate Rbc China's Risk Adjusted Performance of 0.0833, semi deviation of 2.24, and Coefficient Of Variation of 949.7 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.0994, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rbc China are expected to decrease at a much lower rate. During the bear market, Rbc China is likely to outperform the market.
Auto-correlation | -0.62 |
Very good reverse predictability
Rbc China Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Rbc China time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 2024. 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 China Equity price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Rbc China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Rbc China Equity lagged returns against current returns
Autocorrelation, which is Rbc China mutual fund'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 China's mutual fund expected returns. We can calculate the autocorrelation of Rbc China returns to help us make a trade decision. For example, suppose you find that Rbc China has exhibited high autocorrelation historically, and you observe that the mutual fund 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 China 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 China mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc China mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rbc China mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc China Lagged Returns
When evaluating Rbc China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc China mutual fund have on its future price. Rbc China 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 China autocorrelation shows the relationship between Rbc China mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc China Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Rbc Mutual Fund
Rbc China financial ratios help investors to determine whether Rbc Mutual 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 China security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges |