Source Markets (Germany) Price on December 14, 2024
| SC0Z Etf | EUR 272.85 1.25 0.46% |
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 272.85, as last reported on the 14th of December 2024, with the highest price reaching 272.85 and the lowest price hitting 272.85 during the day. 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. Source Markets plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Source Markets' Variance of 0.6826, coefficient of variation of (934.21), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = -0.1109
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Source Markets is not performing at its full potential. However, 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 Source Markets to a well-diversified portfolio.
Source Markets Valuation on December 14, 2024
It is possible to determine the worth of Source Markets on a given historical date. On December 14, 2024 Source was worth 272.85 at the beginning of the trading date compared to the closed value of 272.85. 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 | |
| 272.85 | 272.85 | 272.85 | 272.85 | 1.00 | |
12/14/2024 | 272.85 | 272.85 | 272.85 | 272.85 | 0.00 |
| Backtest Source Markets | | | Source Markets History | Previous |
Source Markets Trading Date Momentum on December 14, 2024
| On December 14 2024 Source Markets plc was traded for 272.85 at the closing time. The maximum traded price for the trading interval was 272.85 and the lowest daily price was 272.85 . There was no trading activity during the period 0.0. Lack of trading volume on 14th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
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 14, 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 14, 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 | (0.08) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.62 |
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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.