RBC Canadian Downside Variance
| RBNK Etf | | | CAD 40.08 -0.05 -0.12% |
This technical indicator view for Downside Variance organizes signals for RBC Canadian Bank and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Review
Your Equity Center to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in RBC Canadian Bank inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
RBC Canadian Bank has current Downside Variance of 0.935. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.935 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
RBC Canadian Downside Variance Peers Comparison
RBC Downside Variance Relative To Other Indicators
RBC Canadian Bank is evaluated as
second in downside variance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
5.23 of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for RBC Canadian Bank is roughly
5.23 Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.