Schwab Markettrack Servative Fund Market Value
| SWCGX Fund | USD 15.71 0.04 0.26% |
| Symbol | Schwab |
Schwab Markettrack '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 Markettrack'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 Markettrack.
| 01/16/2024 |
| 01/05/2026 |
If you would invest 0.00 in Schwab Markettrack on January 16, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Markettrack Servative or generate 0.0% return on investment in Schwab Markettrack over 720 days. Schwab Markettrack is related to or competes with Artisan Small, Aqr Small, Nt International, Morningstar Growth, and Vy Columbia. To pursue its goal, the fund maintains a defined asset allocation More
Schwab Markettrack 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 Markettrack'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 Markettrack Servative upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.5491 |
Schwab Markettrack Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Markettrack's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Markettrack's standard deviation. In reality, there are many statistical measures that can use Schwab Markettrack historical prices to predict the future Schwab Markettrack's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.29) |
Schwab Markettrack Backtested Returns
Schwab Markettrack owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0711, which indicates the fund had a -0.0711 % return per unit of risk over the last 3 months. Schwab Markettrack Servative exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Markettrack's Variance of 0.4741, coefficient of variation of (1,435), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab Markettrack's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Markettrack is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Schwab Markettrack Servative has very good predictability. Overlapping area represents the amount of predictability between Schwab Markettrack time series from 16th of January 2024 to 10th of January 2025 and 10th of January 2025 to 5th of January 2026. 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 Markettrack price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Schwab Markettrack price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Schwab Markettrack lagged returns against current returns
Autocorrelation, which is Schwab Markettrack 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 Markettrack's mutual fund expected returns. We can calculate the autocorrelation of Schwab Markettrack returns to help us make a trade decision. For example, suppose you find that Schwab Markettrack 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 Markettrack 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 Markettrack mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Markettrack 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 Markettrack mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Markettrack Lagged Returns
When evaluating Schwab Markettrack's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Markettrack mutual fund have on its future price. Schwab Markettrack 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 Markettrack autocorrelation shows the relationship between Schwab Markettrack mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Markettrack Servative.
Regressed Prices |
| Timeline |
Also Currently Popular
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Other Information on Investing in Schwab Mutual Fund
Schwab Markettrack 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 Markettrack security.
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| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |