Schwab 1000 Index Fund Market Value
| SNXFX Fund | USD 129.18 0.61 0.47% |
| Symbol | Schwab |
Schwab 1000 '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 1000's mutual fund 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 1000.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Schwab 1000 on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab 1000 Index or generate 0.0% return on investment in Schwab 1000 over 30 days. Schwab 1000 is related to or competes with Schwab Small-cap, Schwab Total, Schwab International, Schwab Sp, and Schwab Core. The fund generally invests at least 80 percent of its net assets in these stocks typically, the actual percentage is con... More
Schwab 1000 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 1000's mutual fund 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 1000 Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8315 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.14 |
Schwab 1000 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab 1000's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab 1000's standard deviation. In reality, there are many statistical measures that can use Schwab 1000 historical prices to predict the future Schwab 1000's volatility.| Risk Adjusted Performance | 0.1017 | |||
| Jensen Alpha | 0.0996 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (2.31) |
Schwab 1000 Index Backtested Returns
At this stage we consider Schwab Mutual Fund to be very steady. Schwab 1000 Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab 1000 Index, which you can use to evaluate the volatility of the fund. Please validate Schwab 1000's Coefficient Of Variation of 756.65, semi deviation of 0.6739, and Risk Adjusted Performance of 0.1017 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of -0.0409, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab 1000 are expected to decrease at a much lower rate. During the bear market, Schwab 1000 is likely to outperform the market.
Auto-correlation | 0.57 |
Modest predictability
Schwab 1000 Index has modest predictability. Overlapping area represents the amount of predictability between Schwab 1000 time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 1000 Index price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Schwab 1000 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Schwab 1000 Index lagged returns against current returns
Autocorrelation, which is Schwab 1000 mutual fund'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 1000's mutual fund expected returns. We can calculate the autocorrelation of Schwab 1000 returns to help us make a trade decision. For example, suppose you find that Schwab 1000 has exhibited high autocorrelation historically, and you observe that the mutual fund 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 1000 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 1000 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab 1000 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab 1000 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab 1000 Lagged Returns
When evaluating Schwab 1000's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab 1000 mutual fund have on its future price. Schwab 1000 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 1000 autocorrelation shows the relationship between Schwab 1000 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab 1000 Index.
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.Other Information on Investing in Schwab Mutual Fund
Schwab 1000 financial ratios help investors to determine whether Schwab Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Schwab with respect to the benefits of owning Schwab 1000 security.
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