Schwab Global Real Fund Market Value
| SWASX Fund | USD 6.74 0.05 0.75% |
| Symbol | Schwab |
Schwab Global '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 Global'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 Global.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Schwab Global on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Schwab Global Real or generate 0.0% return on investment in Schwab Global over 720 days. Schwab Global is related to or competes with Federated Government, Counterpoint Tactical, Transamerica Intermediate, Ab Impact, T Rowe, and Intermediate-term. The fund invests at least 80 percent of its net assets in securities of real estate companies and companies related to t... More
Schwab Global 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 Global'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 Global Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8039 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.02 |
Schwab Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Global's standard deviation. In reality, there are many statistical measures that can use Schwab Global historical prices to predict the future Schwab Global's volatility.| Risk Adjusted Performance | 0.0091 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Global'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 Global Real Backtested Returns
At this stage we consider Schwab Mutual Fund to be very steady. Schwab Global Real owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0366, which indicates the fund had a 0.0366% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab Global Real, which you can use to evaluate the volatility of the fund. Please validate Schwab Global's Semi Deviation of 0.6962, coefficient of variation of 7550.16, and Risk Adjusted Performance of 0.0091 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Global is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
Schwab Global Real has good reverse predictability. Overlapping area represents the amount of predictability between Schwab Global time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Global Real price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Schwab Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Schwab Global Real lagged returns against current returns
Autocorrelation, which is Schwab Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Schwab Global returns to help us make a trade decision. For example, suppose you find that Schwab Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Global Lagged Returns
When evaluating Schwab Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Global mutual fund have on its future price. Schwab Global 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 Global autocorrelation shows the relationship between Schwab Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Global Real.
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 Global 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 Global security.
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