Schwab Aggregate Bond Etf Market Value
| SCHZ Etf | USD 45.15 0.06 0.13% |
| Symbol | Schwab |
The market value of Schwab Aggregate Bond 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 Aggregate's value that differs from its market value or its book value, called intrinsic value, which is Schwab Aggregate'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 Aggregate's market value can be influenced by many factors that don't directly affect Schwab Aggregate'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 Aggregate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Aggregate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Aggregate'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 Aggregate '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 Aggregate'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 Aggregate.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Schwab Aggregate on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Aggregate Bond or generate 0.0% return on investment in Schwab Aggregate over 30 days. Schwab Aggregate is related to or competes with Pfizer, Interactive Brokers, HP, Johnson Johnson, Merck, and Chevron Corp. The fund will invest at least 90 percent of its net assets in securities included in the index More
Schwab Aggregate 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 Aggregate'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 Aggregate Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.4782 |
Schwab Aggregate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Aggregate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Aggregate's standard deviation. In reality, there are many statistical measures that can use Schwab Aggregate historical prices to predict the future Schwab Aggregate's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Aggregate'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 Aggregate Bond Backtested Returns
Schwab Aggregate Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0385, which indicates the etf had a -0.0385% return per unit of risk over the last 3 months. Schwab Aggregate Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Aggregate's Coefficient Of Variation of (1,392), variance of 0.1502, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.0824, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab Aggregate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Aggregate is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Schwab Aggregate Bond has insignificant reverse predictability. Overlapping area represents the amount of predictability between Schwab Aggregate time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th 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 Schwab Aggregate Bond price movement. The serial correlation of -0.19 indicates that over 19.0% of current Schwab Aggregate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Schwab Aggregate Bond lagged returns against current returns
Autocorrelation, which is Schwab Aggregate 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 Aggregate's etf expected returns. We can calculate the autocorrelation of Schwab Aggregate returns to help us make a trade decision. For example, suppose you find that Schwab Aggregate 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 Aggregate 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 Aggregate etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Aggregate etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Aggregate etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab Aggregate Lagged Returns
When evaluating Schwab Aggregate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Aggregate etf have on its future price. Schwab Aggregate 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 Aggregate autocorrelation shows the relationship between Schwab Aggregate etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab Aggregate Bond.
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 Aggregate 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 Aggregate's short interest history, or implied volatility extrapolated from Schwab Aggregate options trading.
Currently Active Assets on Macroaxis
When determining whether Schwab Aggregate Bond offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab Aggregate's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schwab Aggregate Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Aggregate Bond Etf:Check out Schwab Aggregate Correlation, Schwab Aggregate Volatility and Schwab Aggregate Alpha and Beta module to complement your research on Schwab Aggregate. Note that the Schwab Aggregate Bond information on this page should be used as a complementary analysis to other Schwab Aggregate'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Schwab Aggregate 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.