1st Source Stock Alpha and Beta Analysis
| SRCE Stock | USD 65.22 0.97 1.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 1st Source. It also helps investors analyze the systematic and unsystematic risks associated with investing in 1st Source over a specified time horizon. Remember, high 1st Source'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 1st Source's market risk premium analysis include:
Beta 1.96 | Alpha (0.12) | Risk 2.19 | Sharpe Ratio 0.0644 | Expected Return 0.14 |
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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.
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1st Source Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 1st Source market risk premium is the additional return an investor will receive from holding 1st Source 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 1st Source. 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 1st Source's performance over market.| α | -0.12 | β | 1.96 |
1st Source 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 1st Source's Buy-and-hold return. Our buy-and-hold chart shows how 1st Source performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.1st Source Market Price Analysis
Market price analysis indicators help investors to evaluate how 1st Source stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1st Source shares will generate the highest return on investment. By understating and applying 1st Source stock market price indicators, traders can identify 1st Source position entry and exit signals to maximize returns.
1st Source Return and Market Media
The median price of 1st Source for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 59.81 with a coefficient of variation of 4.79. The daily time series for the period is distributed with a sample standard deviation of 2.91, arithmetic mean of 60.66, and mean deviation of 2.31. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | The Manufacturers Life Insurance Company Sells 14,624 Shares of 1st Source Co. - MarketBeat | 10/03/2024 |
2 | 1st Source Corp Shares Down 3.04 percent on Oct 21 | 10/21/2024 |
3 | 1st Source Corp Q3 2024 Everything You Need To Know Ahead Of Earnings | 10/23/2024 |
4 | 1st Source Corporation Reports Third Quarter Results, Cash Dividend Declared | 10/24/2024 |
5 | 1st Source Stock Price Down 3.5 percent Time to Sell | 10/25/2024 |
6 | 1st Source Upgraded to Strong Buy Heres What You Should Know | 10/28/2024 |
7 | Acquisition by Schwabero Mark D of 180 shares of 1st Source at 60.94 subject to Rule 16b-3 | 11/01/2024 |
8 | Disposition of 4000 shares by Murphy Christopher J Iii of 1st Source subject to Rule 16b-3 | 11/06/2024 |
| 1st Source dividend paid on 15th of November 2024 | 11/15/2024 |
9 | Agilitas Energy Buoys National Expansion Efforts with Strategic Financing from 1st Source Bank | 11/19/2024 |
About 1st Source 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 1st or other stocks. Alpha measures the amount that position in 1st Source 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.
| 2020 | 2021 | 2024 (projected) | Dividend Yield | 0.0289 | 0.0252 | 0.017 | Price To Sales Ratio | 3.12 | 3.69 | 2.46 |
1st Source Upcoming Company Events
As portrayed in its financial statements, the presentation of 1st Source's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 1st Source's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 1st Source's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 1st Source. Please utilize our Beneish M Score to check the likelihood of 1st Source's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out 1st Source Backtesting, 1st Source Valuation, 1st Source Correlation, 1st Source Hype Analysis, 1st Source Volatility, 1st Source History and analyze 1st Source Performance. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
1st Source 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.