Rbc Ultra Short Fixed Fund Market Value
| RUSIX Fund | USD 10.05 0.00 0.00% |
| Symbol | Rbc |
Rbc Ultra-short '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 Ultra-short'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 Ultra-short.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Rbc Ultra-short on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Rbc Ultra Short Fixed or generate 0.0% return on investment in Rbc Ultra-short over 90 days. Rbc Ultra-short is related to or competes with Virtus Convertible, Gabelli Convertible, Absolute Convertible, and Fidelity Sai. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ... More
Rbc Ultra-short 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 Ultra-short'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 Ultra Short Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.7716 | |||
| Maximum Drawdown | 0.5022 | |||
| Potential Upside | 0.1003 |
Rbc Ultra-short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Ultra-short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Ultra-short's standard deviation. In reality, there are many statistical measures that can use Rbc Ultra-short historical prices to predict the future Rbc Ultra-short's volatility.| Risk Adjusted Performance | 0.0979 | |||
| Jensen Alpha | 0.0077 | |||
| Total Risk Alpha | 0.0133 | |||
| Treynor Ratio | (0.78) |
Rbc Ultra Short Backtested Returns
At this stage we consider Rbc Mutual Fund to be very steady. Rbc Ultra Short maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the entity had a 0.24 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Rbc Ultra Short, which you can use to evaluate the volatility of the fund. Please check Rbc Ultra-short's Risk Adjusted Performance of 0.0979, coefficient of variation of 441.02, and Variance of 0.0065 to confirm if the risk estimate we provide is consistent with the expected return of 0.0197%. The fund holds a Beta of -0.0105, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rbc Ultra-short are expected to decrease at a much lower rate. During the bear market, Rbc Ultra-short is likely to outperform the market.
Auto-correlation | 0.53 |
Modest predictability
Rbc Ultra Short Fixed has modest predictability. Overlapping area represents the amount of predictability between Rbc Ultra-short time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 Ultra Short price movement. The serial correlation of 0.53 indicates that about 53.0% of current Rbc Ultra-short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rbc Ultra Short lagged returns against current returns
Autocorrelation, which is Rbc Ultra-short 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 Ultra-short's mutual fund expected returns. We can calculate the autocorrelation of Rbc Ultra-short returns to help us make a trade decision. For example, suppose you find that Rbc Ultra-short 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 Ultra-short 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 Ultra-short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Ultra-short 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 Ultra-short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rbc Ultra-short Lagged Returns
When evaluating Rbc Ultra-short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Ultra-short mutual fund have on its future price. Rbc Ultra-short 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 Ultra-short autocorrelation shows the relationship between Rbc Ultra-short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Ultra Short Fixed.
Regressed Prices |
| Timeline |
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Other Information on Investing in Rbc Mutual Fund
Rbc Ultra-short 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 Ultra-short security.
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