Schwab Municipal Bond Etf Price on May 31, 2024
| SCMB Etf | USD 25.90 0.01 0.04% |
If you're considering investing in Schwab Etf, it is important to understand the factors that can impact its price. As of today, the current price of Schwab Municipal stands at 25.90, as last reported on the 24th of November, with the highest price reaching 25.95 and the lowest price hitting 25.89 during the day. At this point, Schwab Municipal is very steady. Schwab Municipal Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0342, which indicates the etf had a 0.0342% return per unit of risk over the last 3 months. We have found thirty technical indicators for Schwab Municipal Bond, which you can use to evaluate the volatility of the etf. Please validate Schwab Municipal's Risk Adjusted Performance of 0.0265, semi deviation of 0.2809, and Coefficient Of Variation of 1799.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.01%.
Schwab Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Schwab |
Sharpe Ratio = 0.0342
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| Negative Returns | SCMB |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Schwab Municipal is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Schwab Municipal by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Schwab Municipal Valuation on May 31, 2024
It is possible to determine the worth of Schwab Municipal on a given historical date. On May 31, 2024 Schwab was worth 24.88 at the beginning of the trading date compared to the closed value of 24.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schwab Municipal etf. Still, in general, we apply an absolute valuation method to find Schwab Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Schwab Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schwab Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 24.86 | 24.88 | 24.83 | 24.86 | 123,000 | |
05/31/2024 | 24.88 | 24.93 | 24.85 | 24.93 | 110,800 |
| 24.96 | 24.96 | 24.91 | 24.94 | 50,000 |
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Schwab Municipal Trading Date Momentum on May 31, 2024
| On June 03 2024 Schwab Municipal Bond was traded for 24.94 at the closing time. The top price for the day was 24.96 and the lowest listed price was 24.91 . The trading volume for the day was 50 K. The trading history from June 3, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.04% . The trading price change against the current closing price is 0.52% . |
About Schwab Municipal Etf history
Schwab Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Schwab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schwab Municipal Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Schwab Municipal stock prices may prove useful in developing a viable investing in Schwab Municipal
The index measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by U.S. states and territories as well as their political subdivisions. Schwab Strategic is traded on NYSEARCA Exchange in the United States.
Schwab Municipal Etf Technical Analysis
Schwab Municipal 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.
Price Boundaries
Schwab Municipal Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Schwab Municipal Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Schwab Municipal November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Schwab Municipal etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Schwab Municipal shares will generate the highest return on investment. By undertsting and applying Schwab Municipal etf market strength indicators, traders can identify Schwab Municipal Bond entry and exit signals to maximize returns
Schwab Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Schwab Municipal's price direction in advance. Along with the technical and fundamental analysis of Schwab Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Schwab to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0265 | |||
| Jensen Alpha | 0.0226 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.05) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schwab Municipal Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Schwab Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Schwab Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Schwab Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Municipal'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.