Scansource Stock Performance
| SCSC Stock | USD 42.59 7.40 14.80% |
The entity has a beta of 1.89, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ScanSource will likely underperform. At this point, ScanSource has a negative expected return of -0.0144%. Please make sure to validate ScanSource's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if ScanSource performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ScanSource has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, ScanSource is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 36.2 M |
ScanSource |
ScanSource Relative Risk vs. Return Landscape
If you would invest 4,419 in ScanSource on November 2, 2024 and sell it today you would lose (160.00) from holding ScanSource or give up 3.62% of portfolio value over 90 days. ScanSource is currently does not generate positive expected returns and assumes 3.0626% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than ScanSource, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ScanSource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ScanSource's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ScanSource, and traders can use it to determine the average amount a ScanSource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0047
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| Negative Returns | SCSC |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ScanSource 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 ScanSource by adding ScanSource to a well-diversified portfolio.
ScanSource Fundamentals Growth
ScanSource Stock prices reflect investors' perceptions of the future prospects and financial health of ScanSource, and ScanSource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ScanSource Stock performance.
| Return On Equity | 0.0856 | ||||
| Return On Asset | 0.0327 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.19 B | ||||
| Shares Outstanding | 23.82 M | ||||
| Price To Earning | 8.85 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 3.26 B | ||||
| EBITDA | 140.91 M | ||||
| Cash And Equivalents | 37.99 M | ||||
| Cash Per Share | 1.51 X | ||||
| Total Debt | 153.96 M | ||||
| Debt To Equity | 0.36 % | ||||
| Book Value Per Share | 38.12 X | ||||
| Cash Flow From Operations | 371.65 M | ||||
| Earnings Per Share | 3.14 X | ||||
| Total Asset | 1.78 B | ||||
| Retained Earnings | 1.01 B | ||||
| Current Asset | 1.23 B | ||||
| Current Liabilities | 585.11 M | ||||
About ScanSource Performance
By analyzing ScanSource's fundamental ratios, stakeholders can gain valuable insights into ScanSource's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ScanSource has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ScanSource has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ScanSource, Inc. distributes technology products and solutions in the United States, Canada, and internationally. ScanSource, Inc. was incorporated in 1992 and is headquartered in Greenville, South Carolina. Scansource operates under Electronics Computer Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people.Things to note about ScanSource performance evaluation
Checking the ongoing alerts about ScanSource for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ScanSource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ScanSource generated a negative expected return over the last 90 days | |
| ScanSource has high historical volatility and very poor performance | |
| Over 92.0% of the company shares are owned by institutional investors |
- Analyzing ScanSource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ScanSource's stock is overvalued or undervalued compared to its peers.
- Examining ScanSource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ScanSource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ScanSource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ScanSource's stock. These opinions can provide insight into ScanSource's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ScanSource Stock analysis
When running ScanSource's price analysis, check to measure ScanSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.
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