Schwab Mid Cap Index Fund Market Value
| SWMCX Fund | USD 14.26 57.23 80.05% |
| Symbol | Schwab |
Schwab Mid '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 Mid's mutual fund 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 Mid.
| 05/20/2025 |
| 08/18/2025 |
If you would invest 0.00 in Schwab Mid on May 20, 2025 and sell it all today you would earn a total of 0.00 from holding Schwab Mid Cap Index or generate 0.0% return on investment in Schwab Mid over 90 days. Schwab Mid is related to or competes with Deutsche Health, Alphacentric Lifesci, Schwab Health, Lord Abbett, Putnam Global, Alger Health, and Prudential Health. To pursue its goal, the fund generally invests in securities that are included in the Russell Midcap Index More
Schwab Mid 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 Mid's mutual fund 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 Mid Cap Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.41 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.39 |
Schwab Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schwab Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schwab Mid's standard deviation. In reality, there are many statistical measures that can use Schwab Mid historical prices to predict the future Schwab Mid's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.23) | |||
| Total Risk Alpha | (2.39) | |||
| Treynor Ratio | (1.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schwab Mid'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 Mid Cap Backtested Returns
Schwab Mid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12 % return per unit of risk over the last 3 months. Schwab Mid Cap Index exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schwab Mid's Coefficient Of Variation of (878.44), risk adjusted performance of (0.07), and Variance of 97.94 to confirm the risk estimate we provide. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. Schwab Mid returns are very sensitive to returns on the market. As the market goes up or down, Schwab Mid is expected to follow.
Auto-correlation | -0.6 |
Good reverse predictability
Schwab Mid Cap Index has good reverse predictability. Overlapping area represents the amount of predictability between Schwab Mid time series from 20th of May 2025 to 4th of July 2025 and 4th of July 2025 to 18th of August 2025. 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 Mid Cap price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Schwab Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 194.41 |
Schwab Mid Cap lagged returns against current returns
Autocorrelation, which is Schwab Mid mutual fund'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 Mid's mutual fund expected returns. We can calculate the autocorrelation of Schwab Mid returns to help us make a trade decision. For example, suppose you find that Schwab Mid has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Mid 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 Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schwab Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schwab Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Schwab Mid Lagged Returns
When evaluating Schwab Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schwab Mid mutual fund have on its future price. Schwab Mid 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 Mid autocorrelation shows the relationship between Schwab Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Schwab Mid Cap Index.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Schwab Mutual Fund
Schwab Mid 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 Mid security.
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