RBC Select Cash Position Weight vs. Net Asset

0P000071P8  CAD 24.56  0.10  0.41%   
Based on RBC Select's profitability indicators, RBC Select Choices may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess RBC Select's ability to earn profits and add value for shareholders.
For RBC Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RBC Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RBC Select Choices utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RBC Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RBC Select Choices over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between RBC Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Select'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 Select Choices Net Asset vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining RBC Select's current stock value. Our valuation model uses many indicators to compare RBC Select value to that of its competitors to determine the firm's financial worth.
RBC Select Choices is the top fund in cash position weight among similar funds. It is fourth largest fund in net asset among similar funds making up about  48,370,370  of Net Asset per Cash Position Weight. Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC Select by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC Select's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

RBC Net Asset vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

RBC Select

Cash Percentage

 = 

% of Cash

in the fund

 = 
3.24 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

RBC Select

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
156.72 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

RBC Net Asset Comparison

RBC Select is currently under evaluation in net asset among similar funds.

RBC Select Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in RBC Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RBC Select will eventually generate negative long term returns. The profitability progress is the general direction of RBC Select's change in net profit over the period of time. It can combine multiple indicators of RBC Select, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
To provide long-term capital growth by investing in equity mutual funds for higher growth potential. RBC Select is traded on Toronto Stock Exchange in Canada.

RBC Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on RBC Select. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RBC Select position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RBC Select's important profitability drivers and their relationship over time.

Use RBC Select in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RBC Select position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RBC Select will appreciate offsetting losses from the drop in the long position's value.

RBC Select Pair Trading

RBC Select Choices Pair Trading Analysis

The ability to find closely correlated positions to RBC Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RBC Select when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RBC Select - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RBC Select Choices to buy it.
The correlation of RBC Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RBC Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Select Choices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RBC Select can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your RBC Select position

In addition to having RBC Select in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Management Thematic Idea Now

Management
Management Theme
Companies providing management services to businesses. The Management theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Management Theme or any other thematic opportunities.
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Other Information on Investing in RBC Fund

To fully project RBC Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RBC Select Choices at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include RBC Select's income statement, its balance sheet, and the statement of cash flows.
Potential RBC Select investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although RBC Select investors may work on each financial statement separately, they are all related. The changes in RBC Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on RBC Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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