Rbc Bluebay Absolute Fund Market Value
| RBCRX Fund | USD 9.07 0.06 0.66% |
| Symbol | Rbc |
Rbc Bluebay '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 Bluebay'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 Bluebay.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Rbc Bluebay on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Rbc Bluebay Absolute or generate 0.0% return on investment in Rbc Bluebay over 360 days. Rbc Bluebay 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 Bluebay 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 Bluebay'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 Bluebay Absolute upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.5 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 15.95 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 5.37 |
Rbc Bluebay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Bluebay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Bluebay's standard deviation. In reality, there are many statistical measures that can use Rbc Bluebay historical prices to predict the future Rbc Bluebay's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.3087 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0674 | |||
| Treynor Ratio | (0.71) |
Rbc Bluebay Absolute Backtested Returns
Rbc Bluebay appears to be somewhat reliable, given 3 months investment horizon. Rbc Bluebay Absolute maintains Sharpe Ratio (i.e., Efficiency) of 0.0978, which implies the entity had a 0.0978% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rbc Bluebay Absolute, which you can use to evaluate the volatility of the fund. Please evaluate Rbc Bluebay's Semi Deviation of 2.21, coefficient of variation of 959.58, and Risk Adjusted Performance of 0.083 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Rbc Bluebay are expected to decrease at a much lower rate. During the bear market, Rbc Bluebay is likely to outperform the market.
Auto-correlation | 0.49 |
Average predictability
Rbc Bluebay Absolute has average predictability. Overlapping area represents the amount of predictability between Rbc Bluebay time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Bluebay Absolute price movement. The serial correlation of 0.49 indicates that about 49.0% of current Rbc Bluebay price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Rbc Bluebay Absolute lagged returns against current returns
Autocorrelation, which is Rbc Bluebay 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 Bluebay's mutual fund expected returns. We can calculate the autocorrelation of Rbc Bluebay returns to help us make a trade decision. For example, suppose you find that Rbc Bluebay 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 Bluebay 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 Bluebay mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Bluebay 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 Bluebay mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Bluebay Lagged Returns
When evaluating Rbc Bluebay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Bluebay mutual fund have on its future price. Rbc Bluebay 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 Bluebay autocorrelation shows the relationship between Rbc Bluebay mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Bluebay Absolute.
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 Bluebay 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 Bluebay security.
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