Schwab Municipal Bond Etf Performance
| SCMB Etf | USD 25.88 0.04 0.15% |
The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schwab Municipal are expected to decrease at a much lower rate. During the bear market, Schwab Municipal is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Schwab Municipal Bond has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong primary indicators, Schwab Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 12/06/2024 |
Schwab |
Schwab Municipal Relative Risk vs. Return Landscape
If you would invest 2,592 in Schwab Municipal Bond on September 18, 2024 and sell it today you would lose (3.00) from holding Schwab Municipal Bond or give up 0.12% of portfolio value over 90 days. Schwab Municipal Bond is currently does not generate positive expected returns and assumes 0.2991% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Schwab, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Schwab Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Municipal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Schwab Municipal Bond, and traders can use it to determine the average amount a Schwab Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0046
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| Negative Returns | SCMB |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Schwab Municipal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Schwab Municipal by adding Schwab Municipal to a well-diversified portfolio.
About Schwab Municipal Performance
By analyzing Schwab Municipal's fundamental ratios, stakeholders can gain valuable insights into Schwab Municipal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Schwab Municipal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Schwab Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by U.S. states and territories as well as their political subdivisions. Schwab Strategic is traded on NYSEARCA Exchange in the United States.| Schwab Municipal generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schwab Municipal Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Schwab Municipal Bond is measured differently than its book value, which is the value of Schwab that is recorded on the company's balance sheet. Investors also form their own opinion of Schwab Municipal's value that differs from its market value or its book value, called intrinsic value, which is Schwab Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schwab Municipal's market value can be influenced by many factors that don't directly affect Schwab Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schwab Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.