Schwab Markettrack Growth Fund Market Value
| SWHGX Fund | USD 25.66 0.02 0.08% |
| 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.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in Schwab Markettrack on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding Schwab Markettrack Growth or generate 0.0% return on investment in Schwab Markettrack over 720 days. Schwab Markettrack is related to or competes with Fidelity Advisor, Vanguard Financials, Financial Industries, Financials Ultrasector, Financial Services, and Putnam Global. 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 Growth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 0.8042 |
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 | (0.11) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.54 |
Schwab Markettrack Growth Backtested Returns
Schwab Markettrack Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11 % return per unit of risk over the last 3 months. Schwab Markettrack Growth exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Markettrack's Coefficient Of Variation of (1,253), variance of 1.62, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of -0.0724, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Markettrack are expected to decrease at a much lower rate. During the bear market, Schwab Markettrack is likely to outperform the market.
Auto-correlation | 0.12 |
Insignificant predictability
Schwab Markettrack Growth has insignificant predictability. Overlapping area represents the amount of predictability between Schwab Markettrack time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 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 Schwab Markettrack Growth price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Schwab Markettrack price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
Schwab Markettrack Growth 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 Growth.
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 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.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |