Schwab California Tax Free Fund Price on June 29, 2023
| SWCAX Fund | USD 11.04 0.02 0.18% |
Below is the normalized historical share price chart for Schwab California Tax Free extending back to April 28, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Schwab California stands at 11.04, as last reported on the 29th of December, with the highest price reaching 11.04 and the lowest price hitting 11.04 during the day.
If you're considering investing in Schwab Mutual Fund, it is important to understand the factors that can impact its price. Schwab California Tax owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11% return per unit of risk over the last 3 months. Schwab California Tax Free exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab California's Risk Adjusted Performance of (0.09), variance of 0.0459, and Coefficient Of Variation of (1,326) to confirm the risk estimate we provide.
Schwab Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Schwab |
Sharpe Ratio = -0.1107
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| Negative Returns | SWCAX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Schwab California 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 California by adding Schwab California to a well-diversified portfolio.
Schwab California Main Headline on 29th of June 2023
Niall Horan shares support for friend Lewis Capaldi after Sc... by news.google.com
Niall Horan shares support for friend Lewis Capaldi after Scottish singer announces tour break Yahoo New Zealand News
Schwab California Valuation on June 29, 2023
It is possible to determine the worth of Schwab California on a given historical date. On June 29, 2023 Schwab was worth 10.54 at the beginning of the trading date compared to the closed value of 10.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schwab California mutual fund. Still, in general, we apply an absolute valuation method to find Schwab California's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Schwab California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schwab California's related companies.
| Open | High | Low | Close | Volume | |
| 10.56 | 10.56 | 10.56 | 10.56 | 1.00 | |
06/29/2023 | 10.54 | 10.54 | 10.54 | 10.54 | 1.00 |
| 10.57 | 10.57 | 10.57 | 10.57 | 1.00 |
| Backtest Schwab California | | | Schwab California History | | | Schwab California Valuation | Previous | Next |
Schwab California Trading Date Momentum on June 29, 2023
| On June 30 2023 Schwab California Tax Free was traded for 10.57 at the closing time. The highest daily price throughout the period was 10.57 and the lowest price was 10.57 . There was no trading activity during the period 1.0. Lack of trading volume on 06/30/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.28% . The trading price change to current closing price is 0.09% . |
Schwab California Tax Fundamentals Correlations and Trends
By evaluating Schwab California's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Schwab California's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Schwab financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Schwab California Mutual Fund history
Schwab California investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Schwab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schwab California Tax will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Schwab California stock prices may prove useful in developing a viable investing in Schwab California
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 California Mutual Fund Technical Analysis
Schwab California technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Schwab California Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Schwab California Tax Free cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Schwab California December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Schwab California mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Schwab California shares will generate the highest return on investment. By undertsting and applying Schwab California mutual fund market strength indicators, traders can identify Schwab California Tax Free entry and exit signals to maximize returns
Schwab California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Schwab California's price direction in advance. Along with the technical and fundamental analysis of Schwab Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Schwab to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (2.20) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Schwab Mutual Fund
Schwab California 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 California security.
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