Russell Investments Real Etf Market Value
| RIRA Etf | CAD 18.01 0.06 0.33% |
| Symbol | Russell |
Russell Investments '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 Russell Investments' etf 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 Russell Investments.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Russell Investments on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Russell Investments Real or generate 0.0% return on investment in Russell Investments over 90 days. Russell Investments is related to or competes with IA Clarington, Vanguard Growth, IShares Core, Invesco Low, IShares ESG, and BMO Growth. RUSSELL INVT is traded on Toronto Stock Exchange in Canada. More
Russell Investments 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 Russell Investments' etf 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 Russell Investments Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.796 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.19 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.03 |
Russell Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Russell Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Russell Investments' standard deviation. In reality, there are many statistical measures that can use Russell Investments historical prices to predict the future Russell Investments' volatility.| Risk Adjusted Performance | 0.1577 | |||
| Jensen Alpha | 0.1174 | |||
| Total Risk Alpha | 0.0134 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (83.73) |
Russell Investments Real Backtested Returns
As of now, Russell Etf is very steady. Russell Investments Real maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Russell Investments Real, which you can use to evaluate the volatility of the etf. Please check Russell Investments' Risk Adjusted Performance of 0.1577, coefficient of variation of 582.59, and Semi Deviation of 0.5871 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The etf holds a Beta of -0.0014, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Russell Investments are expected to decrease at a much lower rate. During the bear market, Russell Investments is likely to outperform the market.
Auto-correlation | 0.51 |
Modest predictability
Russell Investments Real has modest predictability. Overlapping area represents the amount of predictability between Russell Investments time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Russell Investments Real price movement. The serial correlation of 0.51 indicates that about 51.0% of current Russell Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Russell Investments Real lagged returns against current returns
Autocorrelation, which is Russell Investments etf'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 Russell Investments' etf expected returns. We can calculate the autocorrelation of Russell Investments returns to help us make a trade decision. For example, suppose you find that Russell Investments has exhibited high autocorrelation historically, and you observe that the etf 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 |
Russell Investments 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 Russell Investments etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Russell Investments etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Russell Investments etf over time.
Current vs Lagged Prices |
| Timeline |
Russell Investments Lagged Returns
When evaluating Russell Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Russell Investments etf have on its future price. Russell Investments 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, Russell Investments autocorrelation shows the relationship between Russell Investments etf current value and its past values and can show if there is a momentum factor associated with investing in Russell Investments Real.
Regressed Prices |
| Timeline |
Pair Trading with Russell Investments
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 Russell Investments 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 Russell Investments will appreciate offsetting losses from the drop in the long position's value.Moving together with Russell Etf
| 0.91 | IGAF | IA Clarington Loomis | PairCorr |
| 0.95 | VGRO | Vanguard Growth Portfolio | PairCorr |
| 0.95 | XGRO | iShares Core Growth | PairCorr |
| 0.9 | PLV | Invesco Low Volatility | PairCorr |
Moving against Russell Etf
| 0.94 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.93 | HQD | BetaPro NASDAQ 100 | PairCorr |
| 0.92 | HIU | BetaPro SP 500 | PairCorr |
| 0.89 | HED | BetaPro SPTSX Capped | PairCorr |
The ability to find closely correlated positions to Russell Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russell Investments 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 Russell Investments - 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 Russell Investments Real to buy it.
The correlation of Russell Investments 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 Russell Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russell Investments Real 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 Russell Investments 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.Other Information on Investing in Russell Etf
Russell Investments financial ratios help investors to determine whether Russell 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 Russell with respect to the benefits of owning Russell Investments security.