Schwab Broad Market Etf Market Value
| SCHB Etf | USD 23.55 0.10 0.43% |
| Symbol | Schwab |
The market value of Schwab Broad Market 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 Broad's value that differs from its market value or its book value, called intrinsic value, which is Schwab Broad'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 Broad's market value can be influenced by many factors that don't directly affect Schwab Broad'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 Broad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Broad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Broad'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 Broad '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 Broad'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 Broad.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Schwab Broad on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Broad Market or generate 0.0% return on investment in Schwab Broad over 30 days. Schwab Broad is related to or competes with Vanguard, Vanguard Real, Vanguard Total, and Vanguard High. To pursue its goal, the fund generally invests in stocks that are included in the index More
Schwab Broad 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 Broad'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 Broad Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6529 | |||
| Information Ratio | 0.0788 | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.0 |
Schwab Broad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Broad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Broad's standard deviation. In reality, there are many statistical measures that can use Schwab Broad historical prices to predict the future Schwab Broad's volatility.| Risk Adjusted Performance | 0.1878 | |||
| Jensen Alpha | 0.0772 | |||
| Total Risk Alpha | 0.06 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 0.2114 |
Schwab Broad Market Backtested Returns
At this point, Schwab Broad is very steady. Schwab Broad Market owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Schwab Broad Market, which you can use to evaluate the volatility of the etf. Please validate Schwab Broad's Risk Adjusted Performance of 0.1878, coefficient of variation of 383.42, and Semi Deviation of 0.3795 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schwab Broad's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Broad is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Schwab Broad Market has very good reverse predictability. Overlapping area represents the amount of predictability between Schwab Broad time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Broad Market price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Schwab Broad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Schwab Broad Market lagged returns against current returns
Autocorrelation, which is Schwab Broad 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 Broad's etf expected returns. We can calculate the autocorrelation of Schwab Broad returns to help us make a trade decision. For example, suppose you find that Schwab Broad 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 Broad 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 Broad etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Broad etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Broad etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab Broad Lagged Returns
When evaluating Schwab Broad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Broad etf have on its future price. Schwab Broad 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 Broad autocorrelation shows the relationship between Schwab Broad etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab Broad Market.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Schwab Broad Market offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab Broad'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 Broad Market Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Broad Market Etf:Check out Schwab Broad Correlation, Schwab Broad Volatility and Schwab Broad Alpha and Beta module to complement your research on Schwab Broad. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Schwab Broad 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.