Source Markets (Germany) Price on December 6, 2024

SC0W Etf  EUR 567.20  6.60  1.18%   
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 567.20, as last reported on the 13th of December 2024, with the highest price reaching 568.90 and the lowest price hitting 567.20 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 thirty technical indicators for Source Markets plc, which you can use to evaluate the volatility of the etf. Please validate Source Markets' Risk Adjusted Performance of 0.0902, coefficient of variation of 854.75, and Semi Deviation of 1.18 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.

Sharpe Ratio = 0.1088

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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 December 6, 2024

It is possible to determine the worth of Source Markets on a given historical date. On December 6, 2024 Source was worth 552.2 at the beginning of the trading date compared to the closed value of 554.4. 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
  556.40    557.60    556.40    557.60    1.00  
12/06/2024
  552.20    554.40    552.20    554.40    1.00  
  564.60    564.60    564.60    564.60    1.00  
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Open Value
552.2
547.58
Downside
554.4
Closing Value
556.82
Upside

Source Markets Trading Date Momentum on December 6, 2024

On December 09 2024 Source Markets plc was traded for  564.60  at the closing time. The maximum traded price for the trading interval was 564.60  and the lowest daily price was  564.60 . There was no trading activity during the period 1.0. Lack of trading volume on 9th of December 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 1.84% . The trading price change to the closing price today is 2.62% .

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.
A focus of Source Markets technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Source Markets trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Source Markets Period Price Range

Low
December 13, 2024
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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 13, 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.

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.