Schwab Target 2015 Fund Market Value
SWYBX Fund | USD 12.11 0.03 0.25% |
Symbol | Schwab |
Schwab Target '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 Target's mutual fund 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 Target.
03/28/2024 |
| 04/27/2024 |
If you would invest 0.00 in Schwab Target on March 28, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Target 2015 or generate 0.0% return on investment in Schwab Target over 30 days. Schwab Target is related to or competes with T Rowe, T Rowe, Fidelity Freedom, and American Funds. The fund seeks to achieve its investment objective by investing primarily in affiliated Schwab exchange-traded funds More
Schwab Target 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 Target's mutual fund 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 Target 2015 upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.5862 | |||
Information Ratio | (0.20) | |||
Maximum Drawdown | 1.96 | |||
Value At Risk | (1.06) | |||
Potential Upside | 0.579 |
Schwab Target Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Target's standard deviation. In reality, there are many statistical measures that can use Schwab Target historical prices to predict the future Schwab Target's volatility.Risk Adjusted Performance | 0.0038 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.14) | |||
Treynor Ratio | 0.1497 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Target'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 Target 2015 Backtested Returns
Schwab Target 2015 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0136, which indicates the fund had a -0.0136% return per unit of risk over the last 3 months. Schwab Target 2015 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Target's Risk Adjusted Performance of 0.0038, coefficient of variation of 7094.88, and Semi Deviation of 0.4126 to confirm the risk estimate we provide. The entity has a beta of -0.0276, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Target are expected to decrease at a much lower rate. During the bear market, Schwab Target is likely to outperform the market.
Auto-correlation | 0.44 |
Average predictability
Schwab Target 2015 has average predictability. Overlapping area represents the amount of predictability between Schwab Target time series from 28th of March 2024 to 12th of April 2024 and 12th of April 2024 to 27th 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 Target 2015 price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Schwab Target price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.44 | |
Spearman Rank Test | 0.07 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Schwab Target 2015 lagged returns against current returns
Autocorrelation, which is Schwab Target mutual fund'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 Target's mutual fund expected returns. We can calculate the autocorrelation of Schwab Target returns to help us make a trade decision. For example, suppose you find that Schwab Target has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Target 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 Target mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Target mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Target mutual fund over time.
Current vs Lagged Prices |
Timeline |
Schwab Target Lagged Returns
When evaluating Schwab Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Target mutual fund have on its future price. Schwab Target 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 Target autocorrelation shows the relationship between Schwab Target mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Target 2015.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out Schwab Target Correlation, Schwab Target Volatility and Schwab Target Alpha and Beta module to complement your research on Schwab Target. Note that the Schwab Target 2015 information on this page should be used as a complementary analysis to other Schwab Target'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Schwab Target technical mutual fund 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, fund market cycles, or different charting patterns.