Schwab Aggregate Bond Etf Market Value
| SCHZ Etf | USD 23.13 0.13 0.57% |
| 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.
| 12/28/2024 |
| 03/28/2025 |
If you would invest 0.00 in Schwab Aggregate on December 28, 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 90 days. Schwab Aggregate is related to or competes with Schwab International, Schwab Emerging, Schwab Short, Schwab TIPS, and Schwab Intermediate. 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.
| Downside Deviation | 0.2648 | |||
| Information Ratio | 0.1704 | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.5314 |
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 | 0.078 | |||
| Jensen Alpha | 0.0249 | |||
| Total Risk Alpha | 0.0327 | |||
| Sortino Ratio | 0.1871 | |||
| Treynor Ratio | 0.5237 |
Schwab Aggregate Bond Backtested Returns
At this stage we consider Schwab Etf to be very steady. Schwab Aggregate Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schwab Aggregate Bond, which you can use to evaluate the volatility of the etf. Please validate Schwab Aggregate's Risk Adjusted Performance of 0.078, coefficient of variation of 862.19, and Semi Deviation of 0.1631 to confirm if the risk estimate we provide is consistent with the expected return of 0.0406%. The entity has a beta of 0.0453, 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 | 0.47 |
Average predictability
Schwab Aggregate Bond has average predictability. Overlapping area represents the amount of predictability between Schwab Aggregate time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th of March 2025. 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 0.47 indicates that about 47.0% of current Schwab Aggregate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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 |
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Check out Schwab Aggregate Correlation, Schwab Aggregate Volatility and Schwab Aggregate Alpha and Beta module to complement your research on Schwab Aggregate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.