Source Markets (Germany) Price on January 10, 2024
| SC0W Etf | EUR 560.60 0.60 0.11% |
If you're considering investing in Source Etf, it is important to understand the factors that can impact its price. As of today, the current price of Source Markets stands at 560.60, as last reported on the 11th of December 2024, with the highest price reaching 560.60 and the lowest price hitting 560.60 during the day. At this point, Source Markets is very steady. Source Markets plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Source Markets plc, which you can use to evaluate the volatility of the etf. Please validate Source Markets' Semi Deviation of 1.21, coefficient of variation of 923.15, and Risk Adjusted Performance of 0.0835 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = 0.1083
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Source Markets is performing at about 8% of its full potential. 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 Source Markets by adding it to a well-diversified portfolio.
Source Markets Valuation on January 10, 2024
It is possible to determine the worth of Source Markets on a given historical date. On January 10, 2024 Source was worth 540.4 at the beginning of the trading date compared to the closed value of 540.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Source Markets etf. Still, in general, we apply an absolute valuation method to find Source Markets' 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 Source Markets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Source Markets' related companies.
| Open | High | Low | Close | Volume | |
| 547.40 | 547.40 | 543.00 | 543.00 | 1.00 | |
01/10/2024 | 540.40 | 540.50 | 540.40 | 540.50 | 4.00 |
| 545.00 | 545.00 | 533.90 | 533.90 | 2.00 |
| Backtest Source Markets | | | Source Markets History | | | Source Markets Valuation | Previous | Next |
Source Markets Trading Date Momentum on January 10, 2024
| On January 11 2024 Source Markets plc was traded for 533.90 at the closing time. The maximum traded price for the trading interval was 545.00 and the lowest daily price was 533.90 . There was no trading activity during the period 2.0. Lack of trading volume on 11th of January 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.22% . The trading price change to the closing price today is 4.37% . |
Source Markets plc Fundamentals Correlations and Trends
By evaluating Source Markets' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Source Markets' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Source financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Source Markets Etf history
Source Markets 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 Source is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Source Markets plc 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 Source Markets stock prices may prove useful in developing a viable investing in Source Markets
Source Markets Etf Technical Analysis
Source Markets 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.
Price Boundaries
Source Markets Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Source Markets plc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Source Markets December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Source Markets etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Source Markets shares will generate the highest return on investment. By undertsting and applying Source Markets etf market strength indicators, traders can identify Source Markets plc entry and exit signals to maximize returns
Source Markets Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Source Markets' price direction in advance. Along with the technical and fundamental analysis of Source Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Source 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 | 0.0835 | |||
| Jensen Alpha | 0.1024 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0283 | |||
| Treynor Ratio | 0.3315 |
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Other Information on Investing in Source Etf
Source Markets financial ratios help investors to determine whether Source Etf 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 Source with respect to the benefits of owning Source Markets security.