CHARLES SCHWAB PORATION Market Value
| 808513BG9 | 79.65 2.16 2.64% |
| Symbol | CHARLES |
CHARLES '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 CHARLES's bond 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 CHARLES.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in CHARLES on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding CHARLES SCHWAB PORATION or generate 0.0% return on investment in CHARLES over 30 days. CHARLES is related to or competes with 00108WAF7, 90331HPL1, Nasdaq, Vertiv Holdings, IONQ, NVIDIA, and Microsoft. More
CHARLES 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 CHARLES's bond 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 CHARLES SCHWAB PORATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 0.798 |
CHARLES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHARLES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHARLES's standard deviation. In reality, there are many statistical measures that can use CHARLES historical prices to predict the future CHARLES's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.3082 |
CHARLES SCHWAB PORATION Backtested Returns
At this point, CHARLES is very steady. CHARLES SCHWAB PORATION retains Efficiency (Sharpe Ratio) of 0.0384, which signifies that the bond had a 0.0384% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for CHARLES, which you can use to evaluate the volatility of the entity. Please confirm CHARLES's variance of 1.76, and Market Risk Adjusted Performance of 0.3182 to double-check if the risk estimate we provide is consistent with the expected return of 0.0237%. The bond owns a Beta (Systematic Risk) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHARLES are expected to decrease at a much lower rate. During the bear market, CHARLES is likely to outperform the market.
Auto-correlation | 0.50 |
Modest predictability
CHARLES SCHWAB PORATION has modest predictability. Overlapping area represents the amount of predictability between CHARLES time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 CHARLES SCHWAB PORATION price movement. The serial correlation of 0.5 indicates that about 50.0% of current CHARLES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
CHARLES SCHWAB PORATION lagged returns against current returns
Autocorrelation, which is CHARLES bond'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 CHARLES's bond expected returns. We can calculate the autocorrelation of CHARLES returns to help us make a trade decision. For example, suppose you find that CHARLES has exhibited high autocorrelation historically, and you observe that the bond 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 |
CHARLES 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 CHARLES bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHARLES bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHARLES bond over time.
Current vs Lagged Prices |
| Timeline |
CHARLES Lagged Returns
When evaluating CHARLES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHARLES bond have on its future price. CHARLES 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, CHARLES autocorrelation shows the relationship between CHARLES bond current value and its past values and can show if there is a momentum factor associated with investing in CHARLES SCHWAB PORATION.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CHARLES Bond
CHARLES financial ratios help investors to determine whether CHARLES Bond 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 CHARLES with respect to the benefits of owning CHARLES security.