Rbc Global Opportunities Fund Market Value
| RGPAX Fund | USD 21.44 0.05 0.23% |
| Symbol | RBC |
Rbc Global '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 Global'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 Global.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Rbc Global on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Rbc Global Opportunities or generate 0.0% return on investment in Rbc Global over 690 days. Rbc Global is related to or competes with Franklin Adjustable, Inverse Government, Government Securities, Us Government, Us Government, and John Hancock. The fund seeks to achieve its investment objective by primarily investing in equity securities of issuers located throug... More
Rbc Global 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 Global'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 Global Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7189 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.32 |
Rbc Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Global's standard deviation. In reality, there are many statistical measures that can use Rbc Global historical prices to predict the future Rbc Global's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.099 |
Rbc Global Opportunities Backtested Returns
At this stage we consider RBC Mutual Fund to be very steady. Rbc Global Opportunities maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rbc Global Opportunities, which you can use to evaluate the volatility of the fund. Please check Rbc Global's Coefficient Of Variation of 948.93, risk adjusted performance of 0.0804, and Semi Deviation of 0.5798 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The fund holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rbc Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Global is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Rbc Global Opportunities has insignificant reverse predictability. Overlapping area represents the amount of predictability between Rbc Global time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Global Opportunities price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Rbc Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Rbc Global Opportunities lagged returns against current returns
Autocorrelation, which is Rbc Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Rbc Global returns to help us make a trade decision. For example, suppose you find that Rbc Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Global Lagged Returns
When evaluating Rbc Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Global mutual fund have on its future price. Rbc Global 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 Global autocorrelation shows the relationship between Rbc Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Global Opportunities.
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 Global 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 Global security.
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