Rbc Equity Index Fund Market Value
| 0P0001OCCH | 15.62 0.16 1.03% |
| Symbol | RBC |
RBC Equity '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 Equity's 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 Equity.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in RBC Equity on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding RBC Equity Index or generate 0.0% return on investment in RBC Equity over 90 days.
RBC Equity 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 Equity's 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 Equity Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0801 | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.86 |
RBC Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBC Equity's standard deviation. In reality, there are many statistical measures that can use RBC Equity historical prices to predict the future RBC Equity's volatility.| Risk Adjusted Performance | 0.202 | |||
| Jensen Alpha | 0.1096 | |||
| Total Risk Alpha | 0.0683 | |||
| Sortino Ratio | 0.0741 | |||
| Treynor Ratio | 0.2676 |
RBC Equity Index Backtested Returns
RBC Equity appears to be very steady, given 3 months investment horizon. RBC Equity Index retains Efficiency (Sharpe Ratio) of 0.31, which implies the fund had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for RBC Equity, which you can use to evaluate the volatility of the entity. Please evaluate RBC Equity's semi deviation of 0.7635, and Market Risk Adjusted Performance of 0.2776 to confirm if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RBC Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding RBC Equity is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
RBC Equity Index has very good predictability. Overlapping area represents the amount of predictability between RBC Equity time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 Equity Index price movement. The serial correlation of 0.81 indicates that around 81.0% of current RBC Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
RBC Equity Index lagged returns against current returns
Autocorrelation, which is RBC Equity 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 Equity's fund expected returns. We can calculate the autocorrelation of RBC Equity returns to help us make a trade decision. For example, suppose you find that RBC Equity has exhibited high autocorrelation historically, and you observe that the 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 Equity 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 Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBC Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBC Equity fund over time.
Current vs Lagged Prices |
| Timeline |
RBC Equity Lagged Returns
When evaluating RBC Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBC Equity fund have on its future price. RBC Equity 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 Equity autocorrelation shows the relationship between RBC Equity fund current value and its past values and can show if there is a momentum factor associated with investing in RBC Equity Index.
Regressed Prices |
| Timeline |
Pair Trading with RBC Equity
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 Equity 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 Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with RBC Fund
| 0.99 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.99 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.97 | 0P0000IUYO | Edgepoint Global Por | PairCorr |
| 0.97 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
The ability to find closely correlated positions to RBC Equity 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 Equity 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 Equity - 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 Equity Index to buy it.
The correlation of RBC Equity 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 Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Equity Index 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 Equity 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.| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges |