Schwab Fundamental Small Etf Market Value
| FNDA Etf | USD 31.38 0.44 1.42% |
| Symbol | Schwab |
The market value of Schwab Fundamental Small 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 Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Schwab Fundamental'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 Fundamental's market value can be influenced by many factors that don't directly affect Schwab Fundamental'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 Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Fundamental'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.
Schwab Fundamental 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Schwab Fundamental's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Schwab Fundamental.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Schwab Fundamental on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Schwab Fundamental Small or generate 0.0% return on investment in Schwab Fundamental over 720 days. Schwab Fundamental is related to or competes with Schwab Fundamental, Schwab Fundamental, Schwab Fundamental, Schwab Fundamental, and Schwab International. The fund normally will invest at least 90 percent of its net assets in stocks included in the index More
Schwab Fundamental Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Schwab Fundamental's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Schwab Fundamental Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8914 | |||
| Information Ratio | 0.0388 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.78 |
Schwab Fundamental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Fundamental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Fundamental's standard deviation. In reality, there are many statistical measures that can use Schwab Fundamental historical prices to predict the future Schwab Fundamental's volatility.| Risk Adjusted Performance | 0.0961 | |||
| Jensen Alpha | 0.0179 | |||
| Total Risk Alpha | 0.001 | |||
| Sortino Ratio | 0.0493 | |||
| Treynor Ratio | 0.0991 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Fundamental'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 Fundamental Small Backtested Returns
At this point, Schwab Fundamental is very steady. Schwab Fundamental Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the etf had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schwab Fundamental Small, which you can use to evaluate the volatility of the etf. Please validate Schwab Fundamental's Coefficient Of Variation of 812.51, risk adjusted performance of 0.0961, and Semi Deviation of 0.7213 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 1.3, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Schwab Fundamental will likely underperform.
Auto-correlation | 0.07 |
Virtually no predictability
Schwab Fundamental Small has virtually no predictability. Overlapping area represents the amount of predictability between Schwab Fundamental time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Schwab Fundamental Small price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Schwab Fundamental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
Schwab Fundamental Small lagged returns against current returns
Autocorrelation, which is Schwab Fundamental etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Schwab Fundamental's etf expected returns. We can calculate the autocorrelation of Schwab Fundamental returns to help us make a trade decision. For example, suppose you find that Schwab Fundamental has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Schwab Fundamental regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Schwab Fundamental etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Fundamental etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Fundamental etf over time.
Current vs Lagged Prices |
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Schwab Fundamental Lagged Returns
When evaluating Schwab Fundamental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Fundamental etf have on its future price. Schwab Fundamental autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Schwab Fundamental autocorrelation shows the relationship between Schwab Fundamental etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab Fundamental Small.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Fundamental Small offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab Fundamental'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 Fundamental Small Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Fundamental Small Etf:Check out Schwab Fundamental Correlation, Schwab Fundamental Volatility and Schwab Fundamental Alpha and Beta module to complement your research on Schwab Fundamental. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Schwab Fundamental 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.