Schwab Value Advantage Fund Market Value
| SWVXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Schwab |
Please note, there is a significant difference between Schwab Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Value'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 Value '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 Value's money market 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 Value.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Schwab Value on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Schwab Value Advantage or generate 0.0% return on investment in Schwab Value over 720 days. Schwab Value is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Schwab Value is entity of United States. It is traded as Fund on NMFQS exchange. More
Schwab Value 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 Value's money market 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 Value Advantage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.01 |
Schwab Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Value's standard deviation. In reality, there are many statistical measures that can use Schwab Value historical prices to predict the future Schwab Value's volatility.| Risk Adjusted Performance | 0.0409 | |||
| Jensen Alpha | 0.0069 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Value'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 Value Advantage Backtested Returns
At this stage we consider Schwab Money Market Fund to be not too volatile. Schwab Value Advantage owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Schwab Value Advantage, which you can use to evaluate the volatility of the fund. Please validate Schwab Value's Coefficient Of Variation of 812.4, risk adjusted performance of 0.0409, and Variance of 0.0155 to confirm if the risk estimate we provide is consistent with the expected return of 0.0158%. The entity has a beta of -0.0285, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Value are expected to decrease at a much lower rate. During the bear market, Schwab Value is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
Schwab Value Advantage has excellent predictability. Overlapping area represents the amount of predictability between Schwab Value time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Value Advantage price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Schwab Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Schwab Value Advantage lagged returns against current returns
Autocorrelation, which is Schwab Value money market 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 Value's money market fund expected returns. We can calculate the autocorrelation of Schwab Value returns to help us make a trade decision. For example, suppose you find that Schwab Value has exhibited high autocorrelation historically, and you observe that the money market 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 Value 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 Value money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Value money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Value money market fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Value Lagged Returns
When evaluating Schwab Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Value money market fund have on its future price. Schwab Value 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 Value autocorrelation shows the relationship between Schwab Value money market fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Value Advantage.
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.Other Information on Investing in Schwab Money Market Fund
Schwab Value financial ratios help investors to determine whether Schwab Money Market 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 Value security.
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