Schwab California Bond Positions Weight vs. Year To Date Return
| SWCAX Fund | USD 11.20 0.02 0.18% |
For Schwab California profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Schwab California to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Schwab California Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Schwab California's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Schwab California Tax Free over time as well as its relative position and ranking within its peers.
Schwab |
Schwab California Tax Year To Date Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Schwab California's current stock value. Our valuation model uses many indicators to compare Schwab California value to that of its competitors to determine the firm's financial worth. Schwab California Tax Free is rated top fund in bond positions weight among similar funds. It also is rated top fund in year to date return among similar funds creating about 0.02 of Year To Date Return per Bond Positions Weight. The ratio of Bond Positions Weight to Year To Date Return for Schwab California Tax Free is roughly 42.09 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Schwab California's earnings, one of the primary drivers of an investment's value.Schwab Year To Date Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Schwab California |
| = | 99.82 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Schwab California |
| = | 2.37 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Schwab Year To Date Return Comparison
Schwab California is currently under evaluation in year to date return among similar funds.
Schwab California Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Schwab California, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Schwab California will eventually generate negative long term returns. The profitability progress is the general direction of Schwab California's change in net profit over the period of time. It can combine multiple indicators of Schwab California, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
To pursue its goal, the fund primarily invests in investment-grade municipal securities - those in the four highest credit rating categories from California issuers. The fund normally invests at least 80 percent of its net assets in municipal securities the interest from which is exempt from federal and California personal income tax and federal alternative minimum tax.
Schwab Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Schwab California. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Schwab California position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Schwab California's important profitability drivers and their relationship over time.
Use Schwab California in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Schwab California position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Schwab California will appreciate offsetting losses from the drop in the long position's value.Schwab California Pair Trading
Schwab California Tax Free Pair Trading Analysis
The ability to find closely correlated positions to Schwab California could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schwab California when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Schwab California - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Schwab California Tax Free to buy it.
The correlation of Schwab California is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Schwab California moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schwab California Tax moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Schwab California can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Schwab California position
In addition to having Schwab California in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large & Mid Caps ETFs Thematic Idea Now
Large & Mid Caps ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large & Mid Caps ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Schwab Mutual Fund
To fully project Schwab California's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Schwab California Tax at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Schwab California's income statement, its balance sheet, and the statement of cash flows.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |