Schwab International Equity Etf Market Value
| SCHF Etf | USD 37.21 0.02 0.05% |
| Symbol | Schwab |
The market value of Schwab International is measured differently than its book value, which is the value of Schwab that is recorded on the company's balance sheet. Investors also form their own opinion of Schwab International's value that differs from its market value or its book value, called intrinsic value, which is Schwab International's 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 Schwab International's market value can be influenced by many factors that don't directly affect Schwab International's 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 Schwab International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab International'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.
Schwab International '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 Schwab International's 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 Schwab International.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Schwab International on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab International Equity or generate 0.0% return on investment in Schwab International over 30 days. Schwab International is related to or competes with IShares ESG, IShares ESG, IShares ESG, and IShares ESG. The index is comprised of large and mid capitalization companies in developed countries outside the United States, as de... More
Schwab International 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 Schwab International's 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 Schwab International Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7259 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.9 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.14 |
Schwab International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab International's standard deviation. In reality, there are many statistical measures that can use Schwab International historical prices to predict the future Schwab International's volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.0269 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2197 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab International'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.
Schwab International Backtested Returns
We consider Schwab International very steady. Schwab International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0661, which indicates the etf had a 0.0661% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab International Equity, which you can use to evaluate the volatility of the etf. Please validate Schwab International's Semi Deviation of 0.6103, coefficient of variation of 1262.56, and Risk Adjusted Performance of 0.0489 to confirm if the risk estimate we provide is consistent with the expected return of 0.0427%. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab International is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Schwab International Equity has modest predictability. Overlapping area represents the amount of predictability between Schwab International time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Schwab International price movement. The serial correlation of 0.54 indicates that about 54.0% of current Schwab International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Schwab International lagged returns against current returns
Autocorrelation, which is Schwab International 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 Schwab International's etf expected returns. We can calculate the autocorrelation of Schwab International returns to help us make a trade decision. For example, suppose you find that Schwab International 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 |
Schwab International 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 Schwab International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab International etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab International Lagged Returns
When evaluating Schwab International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab International etf have on its future price. Schwab International 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, Schwab International autocorrelation shows the relationship between Schwab International etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab International Equity.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Schwab International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Schwab International's short interest history, or implied volatility extrapolated from Schwab International options trading.
Currently Active Assets on Macroaxis
When determining whether Schwab International is a strong investment it is important to analyze Schwab International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Schwab International's future performance. For an informed investment choice regarding Schwab Etf, refer to the following important reports:Check out Schwab International Correlation, Schwab International Volatility and Schwab International Alpha and Beta module to complement your research on Schwab International. Note that the Schwab International information on this page should be used as a complementary analysis to other Schwab International's 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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Schwab International technical etf 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, etf market cycles, or different charting patterns.