Schneider National Stock Market Value
| SNDR Stock | USD 30.19 0.41 1.38% |
| Symbol | Schneider |
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Schneider National. If investors know Schneider will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Schneider National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Schneider National is measured differently than its book value, which is the value of Schneider that is recorded on the company's balance sheet. Investors also form their own opinion of Schneider National's value that differs from its market value or its book value, called intrinsic value, which is Schneider National'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 Schneider National's market value can be influenced by many factors that don't directly affect Schneider National'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 Schneider National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schneider National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schneider National'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.
Schneider National '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 Schneider National's stock 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 Schneider National.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Schneider National on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Schneider National or generate 0.0% return on investment in Schneider National over 30 days. Schneider National is related to or competes with Marten Transport, Heartland Express, Universal Logistics, Covenant Logistics, Werner Enterprises, and Saia. Schneider National, Inc., together with its subsidiaries, provides surface transportation and logistics solutions in the... More
Schneider National 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 Schneider National's stock 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 Schneider National upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0123 | |||
| Maximum Drawdown | 8.45 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.16 |
Schneider National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schneider National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schneider National's standard deviation. In reality, there are many statistical measures that can use Schneider National historical prices to predict the future Schneider National's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.1538 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schneider National'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.
Schneider National Backtested Returns
Currently, Schneider National is very steady. Schneider National owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0705, which indicates the firm had a 0.0705 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schneider National, which you can use to evaluate the volatility of the company. Please validate Schneider National's Coefficient Of Variation of 1419.2, semi deviation of 1.58, and Risk Adjusted Performance of 0.064 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Schneider National has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schneider National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schneider National is expected to be smaller as well. Schneider National right now has a risk of 1.72%. Please validate Schneider National downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Schneider National will be following its existing price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Schneider National has virtually no predictability. Overlapping area represents the amount of predictability between Schneider National time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Schneider National price movement. The serial correlation of 0.02 indicates that only 2.0% of current Schneider National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Schneider National lagged returns against current returns
Autocorrelation, which is Schneider National stock'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 Schneider National's stock expected returns. We can calculate the autocorrelation of Schneider National returns to help us make a trade decision. For example, suppose you find that Schneider National has exhibited high autocorrelation historically, and you observe that the stock 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 |
Schneider National 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 Schneider National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schneider National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schneider National stock over time.
Current vs Lagged Prices |
| Timeline |
Schneider National Lagged Returns
When evaluating Schneider National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schneider National stock have on its future price. Schneider National 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, Schneider National autocorrelation shows the relationship between Schneider National stock current value and its past values and can show if there is a momentum factor associated with investing in Schneider National.
Regressed Prices |
| Timeline |
Pair Trading with Schneider National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Schneider National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Schneider National will appreciate offsetting losses from the drop in the long position's value.Moving against Schneider Stock
| 0.5 | BA | Boeing | PairCorr |
| 0.49 | FLYX | flyExclusive, | PairCorr |
| 0.46 | B | Barnes Group | PairCorr |
| 0.41 | ALK | Alaska Air Group | PairCorr |
| 0.39 | MESA | Mesa Air Group | PairCorr |
The ability to find closely correlated positions to Schneider National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schneider National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Schneider National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Schneider National to buy it.
The correlation of Schneider National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Schneider National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schneider National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Schneider National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Schneider Stock Analysis
When running Schneider National's price analysis, check to measure Schneider National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schneider National is operating at the current time. Most of Schneider National's value examination focuses on studying past and present price action to predict the probability of Schneider National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schneider National's price. Additionally, you may evaluate how the addition of Schneider National to your portfolios can decrease your overall portfolio volatility.