RBC PHN Last Dividend Paid vs. Net Asset
| RPSB Etf | CAD 19.99 0.01 0.05% |
For RBC PHN profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RBC PHN to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RBC PHN Short utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RBC PHN's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RBC PHN Short over time as well as its relative position and ranking within its peers.
RBC |
RBC PHN Short Net Asset vs. Last Dividend Paid Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RBC PHN's current stock value. Our valuation model uses many indicators to compare RBC PHN value to that of its competitors to determine the firm's financial worth. RBC PHN Short is presently regarded as number one ETF in last dividend paid as compared to similar ETFs. It also is presently regarded as number one ETF in net asset as compared to similar ETFs making up about 1,061,621,622 of Net Asset per Last Dividend Paid. Comparative valuation analysis is a catch-all model that can be used if you cannot value RBC PHN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RBC PHN's Etf. 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. Last Dividend Paid
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
RBC PHN |
| = | 0.037 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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 PHN |
| = | 39.28 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 PHN is currently under evaluation in net asset as compared to similar ETFs.
RBC PHN Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RBC PHN, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RBC PHN will eventually generate negative long term returns. The profitability progress is the general direction of RBC PHN's change in net profit over the period of time. It can combine multiple indicators of RBC PHN, 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.
RBC PHN Short Term Canadian Bond ETF seeks to provide regular monthly income with the potential for modest capital growth by investing primarily in a well-diversified portfolio of short-term fixed-income securities issued by Canadian corporations and governments. RBC PHN 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 PHN. 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 PHN 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 PHN's important profitability drivers and their relationship over time.
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Use RBC PHN 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 PHN 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 PHN will appreciate offsetting losses from the drop in the long position's value.RBC PHN Pair Trading
RBC PHN Short Pair Trading Analysis
The ability to find closely correlated positions to RBC PHN 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 PHN 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 PHN - 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 PHN Short to buy it.
The correlation of RBC PHN 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 PHN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC PHN Short 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 PHN 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.Use Investing Themes to Complement your RBC PHN position
In addition to having RBC PHN 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.Did You Try This Idea?
Run Management Thematic Idea Now
Management
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 Etf
To fully project RBC PHN's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RBC PHN Short 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 PHN's income statement, its balance sheet, and the statement of cash flows.