Schwab Sp 500 Fund Market Value
| SWPPX Fund | USD 91.76 0.50 0.54% |
| Symbol | Schwab |
Schwab Sp '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 Sp'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 Sp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Schwab Sp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Sp 500 or generate 0.0% return on investment in Schwab Sp over 30 days. Schwab Sp is related to or competes with Schwab Total, Schwab Small-cap, Schwab International, Fidelity Zero, and Fidelity 500. The fund generally invests at least 80 percent of its net assets in these stocks typically, the actual percentage is con... More
Schwab Sp 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 Sp'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 Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8459 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.17 |
Schwab Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Sp's standard deviation. In reality, there are many statistical measures that can use Schwab Sp historical prices to predict the future Schwab Sp's volatility.| Risk Adjusted Performance | 0.0905 | |||
| Jensen Alpha | 0.0883 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.27) |
Schwab Sp 500 Backtested Returns
At this stage we consider Schwab Mutual Fund to be very steady. Schwab Sp 500 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. We have found twenty-eight technical indicators for Schwab Sp 500, which you can use to evaluate the volatility of the fund. Please validate Schwab Sp's Risk Adjusted Performance of 0.0905, semi deviation of 0.6814, and Coefficient Of Variation of 844.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.0891%. The entity has a beta of -0.0643, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Sp are expected to decrease at a much lower rate. During the bear market, Schwab Sp is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
Schwab Sp 500 has below average predictability. Overlapping area represents the amount of predictability between Schwab Sp 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 Sp 500 price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Schwab Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Schwab Sp 500 lagged returns against current returns
Autocorrelation, which is Schwab Sp 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 Sp's mutual fund expected returns. We can calculate the autocorrelation of Schwab Sp returns to help us make a trade decision. For example, suppose you find that Schwab Sp 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 Sp 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 Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Sp 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 Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Sp Lagged Returns
When evaluating Schwab Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Sp mutual fund have on its future price. Schwab Sp 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 Sp autocorrelation shows the relationship between Schwab Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Sp 500.
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 Sp 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 Sp security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |