Schwab Fundamental Global Fund Market Value
| SFREX Fund | USD 9.15 0.03 0.33% |
| Symbol | Schwab |
Schwab Fundamental '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 Fundamental'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 Fundamental.
| 12/03/2024 |
| 01/02/2025 |
If you would invest 0.00 in Schwab Fundamental on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Fundamental Global or generate 0.0% return on investment in Schwab Fundamental over 30 days. Schwab Fundamental is related to or competes with Altegris Futures, Vy(r) Blackrock, Aqr Managed, Short Duration, Fidelity Sai, Atac Inflation, and Ab Bond. It is the funds policy that, under normal circumstances, it will invest at least 90 percent of its net assets in stocks ... More
Schwab Fundamental 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 Fundamental'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 Fundamental Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.76 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.72 |
Schwab Fundamental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Fundamental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Fundamental's standard deviation. In reality, there are many statistical measures that can use Schwab Fundamental historical prices to predict the future Schwab Fundamental's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (6.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Fundamental'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 Fundamental Global Backtested Returns
Schwab Fundamental Global owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the fund had a -0.21% return per unit of risk over the last 3 months. Schwab Fundamental Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Fundamental's Risk Adjusted Performance of (0.11), coefficient of variation of (726.71), and Variance of 1.41 to confirm the risk estimate we provide. The entity has a beta of 0.0272, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab Fundamental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Fundamental is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Schwab Fundamental Global has below average predictability. Overlapping area represents the amount of predictability between Schwab Fundamental time series from 3rd of December 2024 to 18th of December 2024 and 18th of December 2024 to 2nd of January 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 Fundamental Global price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Schwab Fundamental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Schwab Fundamental Global lagged returns against current returns
Autocorrelation, which is Schwab Fundamental 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 Fundamental's mutual fund expected returns. We can calculate the autocorrelation of Schwab Fundamental returns to help us make a trade decision. For example, suppose you find that Schwab Fundamental 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 Fundamental 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 Fundamental mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Fundamental 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 Fundamental mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Fundamental Lagged Returns
When evaluating Schwab Fundamental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Fundamental mutual fund have on its future price. Schwab Fundamental 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 Fundamental autocorrelation shows the relationship between Schwab Fundamental mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Fundamental Global.
Regressed Prices |
| Timeline |
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Other Information on Investing in Schwab Mutual Fund
Schwab Fundamental financial ratios help investors to determine whether Schwab Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Schwab with respect to the benefits of owning Schwab Fundamental security.
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