Schwab Municipal Bond Etf Technical Analysis
| SCMB Etf | USD 25.90 0.01 0.04% |
As of the 23rd of November, Schwab Municipal has the Coefficient Of Variation of 1799.44, semi deviation of 0.2809, and Risk Adjusted Performance of 0.0265. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Schwab Municipal Bond, as well as the relationship between them.
Schwab Municipal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Schwab, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SchwabSchwab |
Schwab Municipal technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Schwab Municipal Bond Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Schwab Municipal Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Schwab Municipal Bond Trend Analysis
Use this graph to draw trend lines for Schwab Municipal Bond. You can use it to identify possible trend reversals for Schwab Municipal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Schwab Municipal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Schwab Municipal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Schwab Municipal Bond applied against its price change over selected period. The best fit line has a slop of 0.0026 , which may suggest that Schwab Municipal Bond market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.25, which is the sum of squared deviations for the predicted Schwab Municipal price change compared to its average price change.About Schwab Municipal Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Schwab Municipal Bond on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Schwab Municipal Bond based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Schwab Municipal Bond price pattern first instead of the macroeconomic environment surrounding Schwab Municipal Bond. By analyzing Schwab Municipal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Schwab Municipal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Schwab Municipal specific price patterns or momentum indicators. Please read more on our technical analysis page.
Schwab Municipal November 23, 2024 Technical Indicators
Most technical analysis of Schwab help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Schwab from various momentum indicators to cycle indicators. When you analyze Schwab charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0265 | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 0.1875 | |||
| Semi Deviation | 0.2809 | |||
| Downside Deviation | 0.3705 | |||
| Coefficient Of Variation | 1799.44 | |||
| Standard Deviation | 0.2934 | |||
| Variance | 0.0861 | |||
| Information Ratio | (0.39) | |||
| Jensen Alpha | 0.0226 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.4607 | |||
| Downside Variance | 0.1373 | |||
| Semi Variance | 0.0789 | |||
| Expected Short fall | (0.21) | |||
| Skewness | (1.32) | |||
| Kurtosis | 6.81 |
Schwab Municipal Bond One Year Return
Based on the recorded statements, Schwab Municipal Bond has an One Year Return of 5.1%. This is 12.82% lower than that of the Schwab ETFs family and significantly higher than that of the Muni National Interm category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.