Scansource Stock Alpha and Beta Analysis
| SCSC Stock | USD 51.10 1.21 2.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ScanSource. It also helps investors analyze the systematic and unsystematic risks associated with investing in ScanSource over a specified time horizon. Remember, high ScanSource's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ScanSource's market risk premium analysis include:
Beta 2.2 | Alpha (0.15) | Risk 2.64 | Sharpe Ratio 0.0508 | Expected Return 0.13 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ScanSource |
ScanSource Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ScanSource market risk premium is the additional return an investor will receive from holding ScanSource long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ScanSource. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ScanSource's performance over market.| α | -0.15 | β | 2.20 |
ScanSource expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ScanSource's Buy-and-hold return. Our buy-and-hold chart shows how ScanSource performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ScanSource Market Price Analysis
Market price analysis indicators help investors to evaluate how ScanSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ScanSource shares will generate the highest return on investment. By understating and applying ScanSource stock market price indicators, traders can identify ScanSource position entry and exit signals to maximize returns.
ScanSource Return and Market Media
The median price of ScanSource for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 48.03 with a coefficient of variation of 4.56. The daily time series for the period is distributed with a sample standard deviation of 2.18, arithmetic mean of 47.81, and mean deviation of 1.67. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 118 shares by Brandy Ford of ScanSource at 50.94 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 6343 shares by Rachel Hayden of ScanSource at 46.54 subject to Rule 16b-3 | 09/16/2024 |
3 | Acquisition by Michael Baur of 18897 shares of ScanSource at 41.13 subject to Rule 16b-3 | 09/20/2024 |
4 | Disposition of 494 shares by Rachel Hayden of ScanSource at 31.52 subject to Rule 16b-3 | 10/10/2024 |
5 | Disposition of 464 shares by Michael Baur of ScanSource at 41.71 subject to Rule 16b-3 | 10/25/2024 |
6 | Disposition of 494 shares by Rachel Hayden of ScanSource at 48.91 subject to Rule 16b-3 | 11/01/2024 |
7 | IRobot Surpasses Q3 Earnings Estimates | 11/06/2024 |
8 | ScanSource Non-GAAP EPS of 0.84 beats by 0.06, revenue of 775.58M misses by 24.35M | 11/07/2024 |
9 | ScanSource, Inc. Q1 2025 Earnings Call Transcript | 11/11/2024 |
10 | Are Investors Undervaluing ScanSource Right Now | 11/14/2024 |
11 | Disposition of 25302 shares by Michael Baur of ScanSource at 24.68 subject to Rule 16b-3 | 11/15/2024 |
12 | Disposition of 15081 shares by Michael Baur of ScanSource at 24.68 subject to Rule 16b-3 | 11/18/2024 |
13 | Intelisys Introduces Channel Exchange, a Cloud Software and Platform Division | 11/19/2024 |
14 | Disposition of 8312 shares by Michael Baur of ScanSource at 24.68 subject to Rule 16b-3 | 11/20/2024 |
15 | Scansource CEO Michael Baur sells 1.47 million in stock | 11/21/2024 |
About ScanSource Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ScanSource or other stocks. Alpha measures the amount that position in ScanSource has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 80.3 | 65.11 | 48.81 | PTB Ratio | 0.82 | 1.17 | 1.11 |
ScanSource Upcoming Company Events
As portrayed in its financial statements, the presentation of ScanSource's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ScanSource's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ScanSource's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ScanSource. Please utilize our Beneish M Score to check the likelihood of ScanSource's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Align your risk with return expectations
Check out ScanSource Backtesting, ScanSource Valuation, ScanSource Correlation, ScanSource Hype Analysis, ScanSource Volatility, ScanSource History and analyze ScanSource Performance. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
ScanSource technical stock 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, stock market cycles, or different charting patterns.