Schwab Reit Etf Market Value
| SCHH Etf | USD 23.13 0.13 0.56% |
| Symbol | Schwab |
The market value of Schwab REIT ETF 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 REIT's value that differs from its market value or its book value, called intrinsic value, which is Schwab REIT'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 REIT's market value can be influenced by many factors that don't directly affect Schwab REIT'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 REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab REIT'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 REIT '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 REIT'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 REIT.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Schwab REIT on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab REIT ETF or generate 0.0% return on investment in Schwab REIT over 30 days. Schwab REIT is related to or competes with Schwab International, Schwab Emerging, Schwab Small, Schwab Large, and Schwab International. The index excludes mortgage REITs, defined as REITs that lend money directly to real estate owners andor operators or in... More
Schwab REIT 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 REIT'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 REIT ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8997 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.25 |
Schwab REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab REIT's standard deviation. In reality, there are many statistical measures that can use Schwab REIT historical prices to predict the future Schwab REIT's volatility.| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.0394 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.75 |
Schwab REIT ETF Backtested Returns
Schwab REIT is very steady at the moment. Schwab REIT ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0556, which indicates the etf had a 0.0556% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schwab REIT ETF, which you can use to evaluate the volatility of the etf. Please validate Schwab REIT's Coefficient Of Variation of 1454.4, risk adjusted performance of 0.0534, and Semi Deviation of 0.8197 to confirm if the risk estimate we provide is consistent with the expected return of 0.0466%. The entity has a beta of 0.0633, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab REIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab REIT is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Schwab REIT ETF has very weak predictability. Overlapping area represents the amount of predictability between Schwab REIT time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 REIT ETF price movement. The serial correlation of 0.17 indicates that over 17.0% of current Schwab REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Schwab REIT ETF lagged returns against current returns
Autocorrelation, which is Schwab REIT 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 REIT's etf expected returns. We can calculate the autocorrelation of Schwab REIT returns to help us make a trade decision. For example, suppose you find that Schwab REIT 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 REIT 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 REIT etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab REIT etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab REIT etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab REIT Lagged Returns
When evaluating Schwab REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab REIT etf have on its future price. Schwab REIT 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 REIT autocorrelation shows the relationship between Schwab REIT etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab REIT ETF.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Schwab REIT ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab REIT'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 Reit Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Reit Etf:Check out Schwab REIT Correlation, Schwab REIT Volatility and Schwab REIT Alpha and Beta module to complement your research on Schwab REIT. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Schwab REIT 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.