Schwab E Equity Fund Market Value
| SWANX Fund | USD 25.20 0.05 0.20% |
| Symbol | Schwab |
Schwab Core '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 Core'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 Core.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Schwab Core on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Schwab E Equity or generate 0.0% return on investment in Schwab Core over 720 days. Schwab Core is related to or competes with Schwab Dividend, Schwab Large-cap, Ssga International, Schwab Small-cap, and Schwab Health. To pursue its investment objective, the fund invests primarily in U.S More
Schwab Core 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 Core'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 E Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9404 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.68 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.13 |
Schwab Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Core's standard deviation. In reality, there are many statistical measures that can use Schwab Core historical prices to predict the future Schwab Core's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.0676 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.81) |
Schwab E Equity Backtested Returns
At this stage we consider Schwab Mutual Fund to be very steady. Schwab E Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0962, which indicates the fund had a 0.0962% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab E Equity, which you can use to evaluate the volatility of the fund. Please validate Schwab Core's Risk Adjusted Performance of 0.0671, coefficient of variation of 1148.84, and Semi Deviation of 0.7835 to confirm if the risk estimate we provide is consistent with the expected return of 0.0756%. The entity has a beta of -0.0726, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Core are expected to decrease at a much lower rate. During the bear market, Schwab Core is likely to outperform the market.
Auto-correlation | 0.81 |
Very good predictability
Schwab E Equity has very good predictability. Overlapping area represents the amount of predictability between Schwab Core time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 E Equity price movement. The serial correlation of 0.81 indicates that around 81.0% of current Schwab Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 2.73 |
Schwab E Equity lagged returns against current returns
Autocorrelation, which is Schwab Core 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 Core's mutual fund expected returns. We can calculate the autocorrelation of Schwab Core returns to help us make a trade decision. For example, suppose you find that Schwab Core 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 Core 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 Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Core 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 Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Core Lagged Returns
When evaluating Schwab Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Core mutual fund have on its future price. Schwab Core 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 Core autocorrelation shows the relationship between Schwab Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab E Equity.
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 Core 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 Core security.
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