Schwab Strategic Trust Etf Price on September 20, 2024
STCE Etf | USD 49.67 2.54 4.86% |
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 49.67, as last reported on the 22nd of November, with the highest price reaching 55.35 and the lowest price hitting 49.12 during the day. Schwab Strategic appears to be very steady, given 3 months investment horizon. Schwab Strategic Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. By inspecting Schwab Strategic's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Schwab Strategic's Risk Adjusted Performance of 0.1266, coefficient of variation of 643.31, and Semi Deviation of 2.73 to confirm if our risk estimates are consistent with your expectations.
Schwab Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Schwab |
Sharpe Ratio = 0.1553
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Estimated Market Risk
3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Schwab Strategic is performing at about 12% 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 6.1 K |
Schwab Strategic Valuation on September 20, 2024
It is possible to determine the worth of Schwab Strategic on a given historical date. On September 20, 2024 Schwab was worth 33.18 at the beginning of the trading date compared to the closed value of 33.07. 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 | |
34.00 | 34.00 | 33.24 | 33.25 | 20,300 | |
09/20/2024 | 33.18 | 33.29 | 32.89 | 33.07 | 22,001 |
33.29 | 33.79 | 33.29 | 33.66 | 24,077 |
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Schwab Strategic Trading Date Momentum on September 20, 2024
On September 23 2024 Schwab Strategic Trust was traded for 33.66 at the closing time. The top price for the day was 33.79 and the lowest listed price was 33.29 . The trading volume for the day was 24.1 K. The trading history from September 23, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.78% . The trading price change against the current closing price is 7.02% . |
Schwab Strategic Trust Fundamentals Correlations and Trends
By evaluating Schwab Strategic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Schwab Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Schwab financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 22, 2024
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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 22, 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 | 0.1266 | |||
Jensen Alpha | 0.2894 | |||
Total Risk Alpha | 0.0893 | |||
Sortino Ratio | 0.1653 | |||
Treynor Ratio | 0.1902 |
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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 main economic indicators. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.