Schwab Strategic Trust Etf Price on May 7, 2024
SCYB Etf | 26.58 0.08 0.30% |
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 Strategic stands at 26.58, as last reported on the 28th of November, with the highest price reaching 26.58 and the lowest price hitting 26.52 during the day. At this point, Schwab Strategic is very steady. Schwab Strategic Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab Strategic Trust, which you can use to evaluate the volatility of the etf. Please validate Schwab Strategic's Downside Deviation of 0.2181, risk adjusted performance of 0.1207, and Standard Deviation of 0.2329 to confirm if the risk estimate we provide is consistent with the expected return of 0.0414%.
Schwab Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Schwab |
Sharpe Ratio = 0.1752
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SCYB |
Estimated Market Risk
0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Schwab Strategic is performing at about 13% 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 Strategic by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Schwab Strategic Main Headline on 7th of May 2024
Schwab Strategic Trust dividend paid on 7th of May 2024 |
Schwab Strategic Valuation on May 7, 2024
It is possible to determine the worth of Schwab Strategic on a given historical date. On May 7, 2024 Schwab was worth 24.51 at the beginning of the trading date compared to the closed value of 24.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schwab Strategic etf. Still, in general, we apply an absolute valuation method to find Schwab Strategic'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 Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schwab Strategic's related companies.
Open | High | Low | Close | Volume | |
24.49 | 24.49 | 24.44 | 24.46 | 62,000 | |
05/07/2024 | 24.51 | 24.51 | 24.43 | 24.47 | 87,400 |
24.44 | 24.44 | 24.42 | 24.43 | 42,600 |
Backtest Schwab Strategic | | | Schwab Strategic History | | | Schwab Strategic Valuation | Previous | Next |
Schwab Strategic Trading Date Momentum on May 7, 2024
On May 08 2024 Schwab Strategic Trust was traded for 24.43 at the closing time. The top price for the day was 24.44 and the lowest listed price was 24.42 . The trading volume for the day was 42.6 K. The trading history from May 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.16% . The trading price change against the current closing price is 0.16% . |
About Schwab Strategic Etf history
Schwab Strategic 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 Strategic Trust 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 Strategic stock prices may prove useful in developing a viable investing in Schwab Strategic
Schwab Strategic Etf Technical Analysis
Schwab Strategic 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 Strategic Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Schwab Strategic Trust 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 Strategic November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Schwab Strategic 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 Strategic shares will generate the highest return on investment. By undertsting and applying Schwab Strategic etf market strength indicators, traders can identify Schwab Strategic Trust entry and exit signals to maximize returns
Schwab Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Schwab Strategic'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 | 0.1207 | |||
Jensen Alpha | 0.0173 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.37) | |||
Treynor Ratio | 0.2381 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schwab Strategic Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Schwab Strategic Trust 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 Strategic's value that differs from its market value or its book value, called intrinsic value, which is Schwab Strategic'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 Strategic's market value can be influenced by many factors that don't directly affect Schwab Strategic'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 Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Strategic'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.