Schwab Tax Free Bond Fund Probability of Future Mutual Fund Price Finishing Under 10.78
| SWNTX Fund | USD 11.05 0.02 0.18% |
Schwab |
Schwab Tax-free Target Price Odds to finish below 10.78
The tendency of Schwab Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 10.78 or more in 90 days |
| 11.05 | 90 days | 10.78 | near 1 |
Based on a normal probability distribution, the odds of Schwab Tax-free to drop to $ 10.78 or more in 90 days from now is near 1 (This Schwab Tax Free Bond probability density function shows the probability of Schwab Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Schwab Tax Free price to stay between $ 10.78 and its current price of $11.05 at the end of the 90-day period is about 76.47 .
Assuming the 90 days horizon Schwab Tax Free Bond has a beta of -0.0731. This usually implies as returns on the benchmark increase, returns on holding Schwab Tax-free are expected to decrease at a much lower rate. During a bear market, however, Schwab Tax Free Bond is likely to outperform the market. Additionally Schwab Tax Free Bond has an alpha of 0.0087, implying that it can generate a 0.008666 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Schwab Tax-free Price Density |
| Price |
Predictive Modules for Schwab Tax-free
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Schwab Tax Free. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Tax-free'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 Tax-free Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Schwab Tax-free is not an exception. The market had few large corrections towards the Schwab Tax-free's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Schwab Tax Free Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Schwab Tax-free within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.58 |
Schwab Tax-free Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Schwab Tax-free for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Schwab Tax Free can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Schwab Tax Free maintains about 98.28% of its assets in bonds |
Schwab Tax-free Technical Analysis
Schwab Tax-free's future price can be derived by breaking down and analyzing its technical indicators over time. Schwab Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Schwab Tax Free Bond. In general, you should focus on analyzing Schwab Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Schwab Tax-free Predictive Forecast Models
Schwab Tax-free's time-series forecasting models is one of many Schwab Tax-free's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Schwab Tax-free's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Schwab Tax Free
Checking the ongoing alerts about Schwab Tax-free for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Schwab Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of 0.0% | |
| Schwab Tax Free maintains about 98.28% of its assets in bonds |
Other Information on Investing in Schwab Mutual Fund
Schwab Tax-free 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 Tax-free security.
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