Schwab Target 2030 Fund Market Value
| SWYEX Fund | USD 16.27 0.02 0.12% |
| Symbol | Schwab |
Schwab Target '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 Target'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 Target.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Schwab Target on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab Target 2030 or generate 0.0% return on investment in Schwab Target over 30 days. Schwab Target is related to or competes with Vanguard Target, American Funds, Fidelity Freedom, Fidelity Freedom, Fidelity Freedom, and T Rowe. The fund seeks to achieve its investment objective by investing primarily in affiliated Schwab exchange-traded funds More
Schwab Target 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 Target'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 Target 2030 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4049 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.11 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.7985 |
Schwab Target Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Target's standard deviation. In reality, there are many statistical measures that can use Schwab Target historical prices to predict the future Schwab Target's volatility.| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.4533 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Target'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 Target 2030 Backtested Returns
At this stage we consider Schwab Mutual Fund to be very steady. Schwab Target 2030 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.043, which indicates the fund had a 0.043% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schwab Target 2030, which you can use to evaluate the volatility of the fund. Please validate Schwab Target's Risk Adjusted Performance of 0.0401, semi deviation of 0.2994, and Coefficient Of Variation of 1565.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0164%. The entity has a beta of 0.0357, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schwab Target's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab Target is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Schwab Target 2030 has below average predictability. Overlapping area represents the amount of predictability between Schwab Target time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Target 2030 price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Schwab Target price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Schwab Target 2030 lagged returns against current returns
Autocorrelation, which is Schwab Target 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 Target's mutual fund expected returns. We can calculate the autocorrelation of Schwab Target returns to help us make a trade decision. For example, suppose you find that Schwab Target 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 Target 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 Target mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Target 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 Target mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Target Lagged Returns
When evaluating Schwab Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Target mutual fund have on its future price. Schwab Target 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 Target autocorrelation shows the relationship between Schwab Target mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Target 2030.
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 Target 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 Target security.
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