RBC Accumulated Other Comprehensive Income from 2010 to 2024
| RBCP Stock | USD 133.31 1.19 0.88% |
Accumulated Other Comprehensive Income | First Reported 2004-12-31 | Previous Quarter 700 K | Current Value -400 K | Quarterly Volatility 4.5 M |
Check RBC Bearings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RBC Bearings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.3 M, Interest Expense of 82.6 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 5.54, Dividend Yield of 0.0014 or PTB Ratio of 2.2. RBC financial statements analysis is a perfect complement when working with RBC Bearings Valuation or Volatility modules.
RBC | Accumulated Other Comprehensive Income |
Latest RBC Bearings' Accumulated Other Comprehensive Income Growth Pattern
Below is the plot of the Accumulated Other Comprehensive Income of RBC Bearings over the last few years. It is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. RBC Bearings' Accumulated Other Comprehensive Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RBC Bearings' overall financial position and show how it may be relating to other accounts over time.
| Accumulated Other Comprehensive Income | 10 Years Trend |
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Accumulated Other Comprehensive Income |
| Timeline |
RBC Accumulated Other Comprehensive Income Regression Statistics
| Arithmetic Mean | (4,232,333) | |
| Coefficient Of Variation | (96.88) | |
| Mean Deviation | 3,404,089 | |
| Median | (4,100,000) | |
| Standard Deviation | 4,100,239 | |
| Sample Variance | 16.8T | |
| Range | 12.8M | |
| R-Value | (0.06) | |
| Mean Square Error | 18T | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | (53,071) | |
| Total Sum of Squares | 235.4T |
RBC Accumulated Other Comprehensive Income History
About RBC Bearings Financial Statements
RBC Bearings shareholders use historical fundamental indicators, such as Accumulated Other Comprehensive Income, to determine how well the company is positioned to perform in the future. Although RBC Bearings investors may analyze each financial statement separately, they are all interrelated. The changes in RBC Bearings' assets and liabilities, for example, are also reflected in the revenues and expenses on on RBC Bearings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 700 K | 735 K |
Pair Trading with RBC Bearings
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 Bearings 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 Bearings will appreciate offsetting losses from the drop in the long position's value.Moving together with RBC Stock
Moving against RBC Stock
The ability to find closely correlated positions to RBC Bearings 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 Bearings 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 Bearings - 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 Bearings to buy it.
The correlation of RBC Bearings 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 Bearings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC Bearings 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 Bearings 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.Additional Tools for RBC Stock Analysis
When running RBC Bearings' price analysis, check to measure RBC Bearings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RBC Bearings is operating at the current time. Most of RBC Bearings' value examination focuses on studying past and present price action to predict the probability of RBC Bearings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RBC Bearings' price. Additionally, you may evaluate how the addition of RBC Bearings to your portfolios can decrease your overall portfolio volatility.