Rbc Impact Bond Fund Market Value

RIBAX Fund  USD 8.46  0.03  0.35%   
Rbc Impact's market value is the price at which a share of Rbc Impact trades on a public exchange. It measures the collective expectations of Rbc Impact Bond investors about its performance. Rbc Impact is trading at 8.46 as of the 22nd of December 2024; that is 0.35% down since the beginning of the trading day. The fund's open price was 8.49.
With this module, you can estimate the performance of a buy and hold strategy of Rbc Impact Bond and determine expected loss or profit from investing in Rbc Impact over a given investment horizon. Check out Rbc Impact Correlation, Rbc Impact Volatility and Rbc Impact Alpha and Beta module to complement your research on Rbc Impact.
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Please note, there is a significant difference between Rbc Impact's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rbc Impact is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rbc Impact's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Rbc Impact '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 Impact'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 Impact.
0.00
10/23/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/22/2024
0.00
If you would invest  0.00  in Rbc Impact on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rbc Impact Bond or generate 0.0% return on investment in Rbc Impact over 60 days. Rbc Impact is related to or competes with Dreyfusstandish Global, Morningstar Defensive, Ishares Municipal, and Multisector Bond. Under normal circumstances, the fund will invest at least 80 percent of its assets in fixed income securities meeting th... More

Rbc Impact 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 Impact'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 Impact Bond upside and downside potential and time the market with a certain degree of confidence.

Rbc Impact Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Impact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Impact's standard deviation. In reality, there are many statistical measures that can use Rbc Impact historical prices to predict the future Rbc Impact's volatility.
Hype
Prediction
LowEstimatedHigh
8.138.468.79
Details
Intrinsic
Valuation
LowRealHigh
8.178.508.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rbc Impact. Your research has to be compared to or analyzed against Rbc Impact's peers to derive any actionable benefits. When done correctly, Rbc Impact's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rbc Impact Bond.

Rbc Impact Bond Backtested Returns

Rbc Impact Bond maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the entity had a -0.17% return per unit of risk over the last 3 months. Rbc Impact Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rbc Impact's Risk Adjusted Performance of (0.16), variance of 0.1084, and Coefficient Of Variation of (556.55) to confirm the risk estimate we provide. The fund holds a Beta of 0.0485, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Impact's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Impact is expected to be smaller as well.

Auto-correlation

    
  0.44  

Average predictability

Rbc Impact Bond has average predictability. Overlapping area represents the amount of predictability between Rbc Impact time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Impact Bond price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Rbc Impact price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.43
Residual Average0.0
Price Variance0.0

Rbc Impact Bond lagged returns against current returns

Autocorrelation, which is Rbc Impact 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 Impact's mutual fund expected returns. We can calculate the autocorrelation of Rbc Impact returns to help us make a trade decision. For example, suppose you find that Rbc Impact 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 Impact 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 Impact mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Impact 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 Impact mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Rbc Impact Lagged Returns

When evaluating Rbc Impact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Impact mutual fund have on its future price. Rbc Impact 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 Impact autocorrelation shows the relationship between Rbc Impact mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Impact Bond.
   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 Impact 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 Impact security.
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