Source Energy Services Stock Performance
| SHLE Stock | CAD 8.31 1.14 15.90% |
The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Source Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Source Energy is expected to be smaller as well. At this point, Source Energy Services has a negative expected return of -0.74%. Please make sure to validate Source Energy's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Source Energy Services performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Source Energy Services has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in May 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Source |
Source Energy Relative Risk vs. Return Landscape
If you would invest 1,423 in Source Energy Services on January 10, 2025 and sell it today you would lose (592.00) from holding Source Energy Services or give up 41.6% of portfolio value over 90 days. Source Energy Services is generating negative expected returns and assumes 4.3338% volatility on return distribution over the 90 days horizon. Simply put, 38% of stocks are less volatile than Source, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Source Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Source Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Source Energy Services, and traders can use it to determine the average amount a Source Energy'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 = -0.1718
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| Negative Returns | SHLE |
Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Source Energy 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 Energy by adding Source Energy to a well-diversified portfolio.
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 | 0.053 | ||||
| Return On Asset | 0.0493 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 348.89 M | ||||
| Shares Outstanding | 13.55 M | ||||
| Price To Earning | 6.14 X | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 0.15 X | ||||
| Revenue | 673.95 M | ||||
| EBITDA | 77.64 M | ||||
| Cash And Equivalents | 4.57 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 8.09 M | ||||
| Book Value Per Share | 14.02 X | ||||
| Cash Flow From Operations | 94.39 M | ||||
| Earnings Per Share | 0.70 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 generated a negative expected return over the last 90 days | |
| Source Energy has high historical volatility and very poor performance |
- 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.