22-Apr-2024
No press releases found.
Yardeni says 'big rally' due for stocks if PCE inflation abates
Seeking Alpha News (Mon, 22-Apr 1:57 PM ET)
The fund s goal is to track as closely as possible, before fees and expenses, the total return of an index composed of inflation-protected U.S. Treasury securities.
Schwab U.S. Tips ETF trades on the ARCA stock market under the symbol SCHP.
As of April 22, 2024, SCHP stock price declined to $51.27 with 771,920 million shares trading.
SCHP has a beta of 0.21, meaning it tends to be less sensitive to market movements. SCHP has a correlation of 0.21 to the broad based SPY ETF.
SCHP has a market cap of $10.84 billion. This is considered a Large Cap stock.
In the last 3 years, SCHP stock traded as high as $64.15 and as low as $49.50.
SCHP has underperformed the market in the last year with a return of -0.6%, while the SPY ETF gained +22.3%. In the last 3 month period, SCHP fell short of the market, returning -1.2%, while SPY returned +3.9%. However, in the most recent 2 weeks SCHP has outperformed the stock market by returning -0.9%, while SPY returned -3.6%.
SCHP support price is $51.15 and resistance is $51.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCHP stock will trade within this expected range on the day.