Schwab Municipal Bond Etf Fundamentals
| SCMB Etf | USD 25.90 0.01 0.04% |
Schwab Municipal Bond fundamentals help investors to digest information that contributes to Schwab Municipal's financial success or failures. It also enables traders to predict the movement of Schwab Etf. The fundamental analysis module provides a way to measure Schwab Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Schwab Municipal etf.
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Schwab Municipal Bond ETF One Year Return Analysis
Schwab Municipal's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Schwab Municipal One Year Return | 5.10 % |
Most of Schwab Municipal's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Schwab Municipal Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Schwab Municipal Bond has an One Year Return of 5.1%. This is 12.82% lower than that of the Schwab ETFs family and significantly higher than that of the Muni National Interm category. The one year return for all United States etfs is notably lower than that of the firm.
Schwab One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Schwab Municipal's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Schwab Municipal could also be used in its relative valuation, which is a method of valuing Schwab Municipal by comparing valuation metrics of similar companies.Schwab Municipal is currently under evaluation in one year return as compared to similar ETFs.
About Schwab Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Schwab Municipal Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Schwab Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Schwab Municipal Bond based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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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.When determining whether Schwab Municipal Bond offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schwab Municipal Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Municipal Bond Etf:Check out Schwab Municipal Piotroski F Score and Schwab Municipal Altman Z Score analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.