Rbc Bluebay Global Fund Market Value

RGHYX Fund  USD 9.68  0.01  0.10%   
Rbc Bluebay's market value is the price at which a share of Rbc Bluebay trades on a public exchange. It measures the collective expectations of Rbc Bluebay Global investors about its performance. Rbc Bluebay is trading at 9.68 as of the 15th of May 2024; that is -0.1 percent down since the beginning of the trading day. The fund's open price was 9.69.
With this module, you can estimate the performance of a buy and hold strategy of Rbc Bluebay Global and determine expected loss or profit from investing in Rbc Bluebay over a given investment horizon. Check out Rbc Bluebay Correlation, Rbc Bluebay Volatility and Rbc Bluebay Alpha and Beta module to complement your research on Rbc Bluebay.
Symbol

Please note, there is a significant difference between Rbc Bluebay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rbc Bluebay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rbc Bluebay'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 Bluebay '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 Bluebay's mutual 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 Bluebay.
0.00
04/15/2024
No Change 0.00  0.0 
In 31 days
05/15/2024
0.00
If you would invest  0.00  in Rbc Bluebay on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rbc Bluebay Global or generate 0.0% return on investment in Rbc Bluebay over 30 days. Rbc Bluebay is related to or competes with Vanguard High-yield, Blackrock, American Funds, American Funds, and American High. The fund normally invests at least 80 percent of its assets in fixed income securities andor investments that, at the ti... More

Rbc Bluebay 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 Bluebay's mutual 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 Bluebay Global upside and downside potential and time the market with a certain degree of confidence.

Rbc Bluebay Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rbc Bluebay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rbc Bluebay's standard deviation. In reality, there are many statistical measures that can use Rbc Bluebay historical prices to predict the future Rbc Bluebay's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rbc Bluebay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.499.689.87
Details
Intrinsic
Valuation
LowRealHigh
9.479.669.85
Details
Naive
Forecast
LowNextHigh
9.499.689.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.539.649.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rbc Bluebay. Your research has to be compared to or analyzed against Rbc Bluebay's peers to derive any actionable benefits. When done correctly, Rbc Bluebay's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rbc Bluebay Global.

Rbc Bluebay Global Backtested Returns

We consider Rbc Bluebay very steady. Rbc Bluebay Global maintains Sharpe Ratio (i.e., Efficiency) of 0.0881, which implies the entity had a 0.0881% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rbc Bluebay Global, which you can use to evaluate the volatility of the fund. Please check Rbc Bluebay's Risk Adjusted Performance of 0.0137, semi deviation of 0.1475, and Coefficient Of Variation of 1772.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0169%. The fund holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rbc Bluebay's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rbc Bluebay is expected to be smaller as well.

Auto-correlation

    
  0.40  

Average predictability

Rbc Bluebay Global has average predictability. Overlapping area represents the amount of predictability between Rbc Bluebay time series from 15th of April 2024 to 30th of April 2024 and 30th of April 2024 to 15th of May 2024. 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 Bluebay Global price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Rbc Bluebay price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.35
Residual Average0.0
Price Variance0.0

Rbc Bluebay Global lagged returns against current returns

Autocorrelation, which is Rbc Bluebay mutual 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 Bluebay's mutual fund expected returns. We can calculate the autocorrelation of Rbc Bluebay returns to help us make a trade decision. For example, suppose you find that Rbc Bluebay has exhibited high autocorrelation historically, and you observe that the mutual 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 Bluebay 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 Bluebay mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rbc Bluebay mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rbc Bluebay mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Rbc Bluebay Lagged Returns

When evaluating Rbc Bluebay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rbc Bluebay mutual fund have on its future price. Rbc Bluebay 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 Bluebay autocorrelation shows the relationship between Rbc Bluebay mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rbc Bluebay Global.
   Regressed Prices   
       Timeline  

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Check out Rbc Bluebay Correlation, Rbc Bluebay Volatility and Rbc Bluebay Alpha and Beta module to complement your research on Rbc Bluebay.
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Rbc Bluebay technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Rbc Bluebay technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rbc Bluebay trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...