Source Energy Services Stock Performance
| SHLE Stock | CAD 16.62 0.18 1.09% |
On a scale of 0 to 100, Source Energy holds a performance score of 12. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Source Energy returns are very sensitive to returns on the market. As the market goes up or down, Source Energy is expected to follow. Please check Source Energy's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Source Energy's existing price patterns will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Source Energy Services are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Source Energy displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Source |
Source Energy Relative Risk vs. Return Landscape
If you would invest 1,221 in Source Energy Services on November 6, 2025 and sell it today you would earn a total of 441.00 from holding Source Energy Services or generate 36.12% return on investment over 90 days. Source Energy Services is generating 0.5593% of daily returns and assumes 3.5017% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than Source, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Source Energy Target Price Odds to finish over Current Price
The tendency of Source Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 16.62 | 90 days | 16.62 | about 15.31 |
Based on a normal probability distribution, the odds of Source Energy to move above the current price in 90 days from now is about 15.31 (This Source Energy Services probability density function shows the probability of Source Stock to fall within a particular range of prices over 90 days) .
Source Energy Price Density |
| Price |
Predictive Modules for Source Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Source Energy Services. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Source Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Source Energy is not an exception. The market had few large corrections towards the Source Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Source Energy Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Source Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | 0.14 |
Source Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Source Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Source Energy Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Source Energy appears to be risky and price may revert if volatility continues |
Source Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Source Stock often depends not only on the future outlook of the current and potential Source Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Source Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.5 M | |
| Cash And Short Term Investments | 32.7 M |
Source Energy Fundamentals Growth
Source Stock prices reflect investors' perceptions of the future prospects and financial health of Source Energy, and Source Energy 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 Source Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0499 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 470.3 M | ||||
| Shares Outstanding | 13.14 M | ||||
| Price To Earning | 6.14 X | ||||
| Price To Book | 1.02 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 673.95 M | ||||
| EBITDA | 102.69 M | ||||
| Cash And Equivalents | 4.57 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 274.87 M | ||||
| Book Value Per Share | 15.99 X | ||||
| Cash Flow From Operations | 94.39 M | ||||
| Earnings Per Share | 1.77 X | ||||
| Total Asset | 598.22 M | ||||
| Retained Earnings | (244.94 M) | ||||
| Current Asset | 54.83 M | ||||
| Current Liabilities | 46.33 M | ||||
About Source Energy Performance
By examining Source Energy's fundamental ratios, stakeholders can obtain critical insights into Source Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Source Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. SOURCE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 382 people.Things to note about Source Energy Services performance evaluation
Checking the ongoing alerts about Source Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Source Energy Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Source Energy appears to be risky and price may revert if volatility continues |
- Analyzing Source Energy'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 Source Energy's stock is overvalued or undervalued compared to its peers.
- Examining Source Energy'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 Source Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Source Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Source Energy's stock. These opinions can provide insight into Source Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Source Stock
Source Energy financial ratios help investors to determine whether Source Stock 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 Energy security.