Schwab Reit Etf Market Value
| SCHH Etf | USD 18.96 0.16 0.85% |
| Symbol | Schwab |
The market value of Schwab REIT ETF 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 REIT's value that differs from its market value or its book value, called intrinsic value, which is Schwab REIT'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 REIT's market value can be influenced by many factors that don't directly affect Schwab REIT'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 REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schwab REIT'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.
Schwab REIT '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 REIT's etf 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 REIT.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Schwab REIT on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Schwab REIT ETF or generate 0.0% return on investment in Schwab REIT over 30 days. Schwab REIT is related to or competes with Vanguard FTSE, Vanguard High, Vanguard Total, Vanguard Total, and Vanguard Dividend. The index excludes mortgage REITs, defined as REITs that lend money directly to real estate owners andor operators or in... More
Schwab REIT 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 REIT's etf 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 REIT ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.76 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.41 |
Schwab REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab REIT's standard deviation. In reality, there are many statistical measures that can use Schwab REIT historical prices to predict the future Schwab REIT's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab REIT'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 REIT ETF Backtested Returns
Schwab REIT ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0547, which indicates the etf had a -0.0547% return per unit of risk over the last 3 months. Schwab REIT ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab REIT's Coefficient Of Variation of (1,378), risk adjusted performance of (0.04), and Variance of 1.24 to confirm the risk estimate we provide. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schwab REIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schwab REIT is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Schwab REIT ETF has below average predictability. Overlapping area represents the amount of predictability between Schwab REIT time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 REIT ETF price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Schwab REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Schwab REIT ETF lagged returns against current returns
Autocorrelation, which is Schwab REIT etf'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 REIT's etf expected returns. We can calculate the autocorrelation of Schwab REIT returns to help us make a trade decision. For example, suppose you find that Schwab REIT has exhibited high autocorrelation historically, and you observe that the etf 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 REIT 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 REIT etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab REIT etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab REIT etf over time.
Current vs Lagged Prices |
| Timeline |
Schwab REIT Lagged Returns
When evaluating Schwab REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab REIT etf have on its future price. Schwab REIT 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 REIT autocorrelation shows the relationship between Schwab REIT etf current value and its past values and can show if there is a momentum factor associated with investing in Schwab REIT ETF.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Schwab REIT in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Schwab REIT's short interest history, or implied volatility extrapolated from Schwab REIT options trading.
Currently Active Assets on Macroaxis
When determining whether Schwab REIT ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schwab REIT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schwab Reit Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Schwab Reit Etf:Check out Schwab REIT Correlation, Schwab REIT Volatility and Schwab REIT Alpha and Beta module to complement your research on Schwab REIT. Note that the Schwab REIT ETF information on this page should be used as a complementary analysis to other Schwab REIT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Schwab REIT 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.