Schwab Large Cap Growth Etf Market Value
| SCHG Etf | USD 28.29 0.37 1.33% |
| Symbol | Schwab |
The market value of Schwab Large Cap 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 Large's value that differs from its market value or its book value, called intrinsic value, which is Schwab Large'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 Large's market value can be influenced by many factors that don't directly affect Schwab Large'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 Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Large'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 Large '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 Large'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 Large.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Schwab Large on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Large Cap Growth or generate 0.0% return on investment in Schwab Large over 30 days. Schwab Large is related to or competes with Schwab Large, Schwab Large, Schwab Small, Schwab Broad, and Schwab Mid. To pursue its goal, the fund generally invests in stocks that are included in the Dow Jones U.S More
Schwab Large 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 Large'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 Large Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.28 | |||
| Information Ratio | 0.0545 | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.69 |
Schwab Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Large's standard deviation. In reality, there are many statistical measures that can use Schwab Large historical prices to predict the future Schwab Large's volatility.| Risk Adjusted Performance | 0.0756 | |||
| Jensen Alpha | 0.0899 | |||
| Total Risk Alpha | 0.0529 | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | (1.93) |
Schwab Large Cap Backtested Returns
At this point, Schwab Large is very steady. Schwab Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schwab Large Cap Growth, which you can use to evaluate the volatility of the etf. Please validate Schwab Large's Coefficient Of Variation of 1156.27, risk adjusted performance of 0.0756, and Semi Deviation of 1.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of -0.046, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Large are expected to decrease at a much lower rate. During the bear market, Schwab Large is likely to outperform the market.
Auto-correlation | 0.06 |
Virtually no predictability
Schwab Large Cap Growth has virtually no predictability. Overlapping area represents the amount of predictability between Schwab Large time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 2025. 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 Large Cap price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Schwab Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Schwab Large Cap lagged returns against current returns
Autocorrelation, which is Schwab Large 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 Large's etf expected returns. We can calculate the autocorrelation of Schwab Large returns to help us make a trade decision. For example, suppose you find that Schwab Large 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 Large 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 Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Large etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab Large Lagged Returns
When evaluating Schwab Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Large etf have on its future price. Schwab Large 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 Large autocorrelation shows the relationship between Schwab Large etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab Large Cap Growth.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Schwab Large Cap is a strong investment it is important to analyze Schwab Large's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Schwab Large's future performance. For an informed investment choice regarding Schwab Etf, refer to the following important reports:Check out Schwab Large Correlation, Schwab Large Volatility and Schwab Large Alpha and Beta module to complement your research on Schwab Large. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Schwab Large 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.