Rbc Discount Bond Etf Performance
| RUDB Etf | 21.55 0.09 0.42% |
The entity owns a Beta (Systematic Risk) of -0.0435, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RBC Discount are expected to decrease at a much lower rate. During the bear market, RBC Discount is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in RBC Discount Bond are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, RBC Discount is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | RBC Global Asset Management Inc. announces RBC ETF cash distributions for November 2024 - Yahoo Canada Finance | 11/15/2024 |
RBC |
RBC Discount Relative Risk vs. Return Landscape
If you would invest 2,065 in RBC Discount Bond on September 3, 2024 and sell it today you would earn a total of 90.00 from holding RBC Discount Bond or generate 4.36% return on investment over 90 days. RBC Discount Bond is generating 0.0673% of daily returns and assumes 0.3609% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than RBC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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RBC Discount Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Discount's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RBC Discount Bond, and traders can use it to determine the average amount a RBC Discount's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1865
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Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average RBC Discount is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RBC Discount by adding it to a well-diversified portfolio.
About RBC Discount Performance
By examining RBC Discount's fundamental ratios, stakeholders can obtain critical insights into RBC Discount's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that RBC Discount is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
RBC Discount is entity of Canada. It is traded as Etf on TO exchange.| Latest headline from news.google.com: RBC Global Asset Management Inc. announces RBC ETF cash distributions for November 2024 - Yahoo Canada Finance |
Other Information on Investing in RBC Etf
RBC Discount financial ratios help investors to determine whether RBC Etf 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 Discount security.