RBC Bearings Stock Performance

ROLL
 Stock
  

USD 243.48  1.74  0.72%   

On a scale of 0 to 100, RBC Bearings holds a performance score of 23. The firm owns a Beta (Systematic Risk) of 1.252, which implies a somewhat significant risk relative to the market. Let's try to break down what RBC Bearings's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RBC Bearings will likely underperform. Although it is vital to follow RBC Bearings Incorp existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The approach towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for RBC Bearings, which you can use to evaluate the performance of the entity. Please employ RBC Bearings Incorp value at risk, and the relationship between the jensen alpha and skewness to make a quick decision on whether RBC Bearings Incorp current price history will revert.
  
RBC Bearings Performance
23 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in RBC Bearings Incorp are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent essential indicators, RBC Bearings revealed solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Dividend Date
2014-06-13
Ex Dividend Date
2014-05-28

RBC Bearings Price Channel

Quick Ratio1.34
Fifty Two Week Low152.90
Target High Price263.00
Fifty Two Week High242.74
Target Low Price194.00
Trailing Annual Dividend Yield0.85%

RBC Bearings Relative Risk vs. Return Landscape

If you would invest  15,574  in RBC Bearings Incorp on May 11, 2022 and sell it today you would earn a total of  8,774  from holding RBC Bearings Incorp or generate 56.34% return on investment over 90 days. RBC Bearings Incorp is currently generating 0.7657% in daily expected returns and assumes 2.5073% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than RBC Bearings, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days RBC Bearings is expected to generate 1.97 times more return on investment than the market. However, the company is 1.97 times more volatile than its market benchmark. It trades about 0.31 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

RBC Bearings Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for RBC Bearings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RBC Bearings Incorp, and traders can use it to determine the average amount a RBC Bearings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.3054

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Estimated Market Risk
 2.51
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 0.77
  actual daily
 
 14 %
of total potential
 
1414
Risk-Adjusted Return
 0.31
  actual daily
 
 23 %
of total potential
 
2323
Based on monthly moving average RBC Bearings is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RBC Bearings by adding it to a well-diversified portfolio.

About RBC Bearings Performance

To evaluate RBC Bearings Incorp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RBC Bearings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RBC Bearings Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RBC Bearings Incorp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents RBC Bearings's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash763.6 K823.9 K
Return on Investment 4.87  9.33 
Return on Average Assets 2.07  5.16 
Return on Average Equity 3.61  7.81 
Return on Invested Capital 0.24  0.21 
Return on Sales 0.17  0.16 
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. RBC Bearings Incorporated was founded in 1919 and is headquartered in Oxford, Connecticut. RBC Bearings operates under Tools Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 3885 people.

Things to note about RBC Bearings Incorp

Checking the ongoing alerts about RBC Bearings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RBC Bearings Incorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

RBC Bearings Alerts

Equity Alerts and Improvement Suggestions

RBC Bearings Incorp has a strong financial position based on the latest SEC filings
Latest headline from www.defenseworld.net: 750 Shares in RBC Bearings Incorporated Purchased by Hardy Reed LLC - Defense World
Additionally, take a look at Your Equity Center. Note that the RBC Bearings Incorp information on this page should be used as a complementary analysis to other RBC Bearings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for RBC Bearings Stock analysis

When running RBC Bearings Incorp 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 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.
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Is RBC Bearings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RBC Bearings. If investors know RBC Bearings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RBC Bearings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.15
Market Capitalization
6.9 B
Quarterly Revenue Growth YOY
1.27
Return On Assets
0.0428
Return On Equity
0.0427
The market value of RBC Bearings Incorp is measured differently than its book value, which is the value of RBC Bearings that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine RBC Bearings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' 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.