Source Physical (UK) Technical Analysis
| SPAP Etf | 14,069 828.00 6.25% |
As of the 29th of January, Source Physical has the Risk Adjusted Performance of 0.1237, coefficient of variation of 634.86, and Semi Deviation of 3.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Source Physical Palladium, as well as the relationship between them. Please validate Source Physical Palladium treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Source Physical is priced more or less accurately, providing market reflects its prevalent price of 14069.0 per share.
Source Physical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Source, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SourceSource |
Source Physical 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Source Physical's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Source Physical.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Source Physical on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Source Physical Palladium or generate 0.0% return on investment in Source Physical over 90 days. Source Physical is related to or competes with Source Real, Source Bloomberg, Source STOXX, Source STOXX, and Source Bloomberg. More
Source Physical Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Source Physical's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Source Physical Palladium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.97 | |||
| Information Ratio | 0.1355 | |||
| Maximum Drawdown | 19.28 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 6.07 |
Source Physical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Source Physical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Source Physical's standard deviation. In reality, there are many statistical measures that can use Source Physical historical prices to predict the future Source Physical's volatility.| Risk Adjusted Performance | 0.1237 | |||
| Jensen Alpha | 0.465 | |||
| Total Risk Alpha | 0.2257 | |||
| Sortino Ratio | 0.1163 | |||
| Treynor Ratio | 0.5588 |
Source Physical January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1237 | |||
| Market Risk Adjusted Performance | 0.5688 | |||
| Mean Deviation | 2.29 | |||
| Semi Deviation | 3.58 | |||
| Downside Deviation | 3.97 | |||
| Coefficient Of Variation | 634.86 | |||
| Standard Deviation | 3.4 | |||
| Variance | 11.58 | |||
| Information Ratio | 0.1355 | |||
| Jensen Alpha | 0.465 | |||
| Total Risk Alpha | 0.2257 | |||
| Sortino Ratio | 0.1163 | |||
| Treynor Ratio | 0.5588 | |||
| Maximum Drawdown | 19.28 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 6.07 | |||
| Downside Variance | 15.73 | |||
| Semi Variance | 12.85 | |||
| Expected Short fall | (2.43) | |||
| Skewness | (1.22) | |||
| Kurtosis | 4.44 |
Source Physical Palladium Backtested Returns
Source Physical appears to be very steady, given 3 months investment horizon. Source Physical Palladium owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16 % return per unit of risk over the last 3 months. By inspecting Source Physical's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Source Physical's Semi Deviation of 3.58, risk adjusted performance of 0.1237, and Coefficient Of Variation of 634.86 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. Source Physical returns are very sensitive to returns on the market. As the market goes up or down, Source Physical is expected to follow.
Auto-correlation | 0.25 |
Poor predictability
Source Physical Palladium has poor predictability. Overlapping area represents the amount of predictability between Source Physical time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Source Physical Palladium price movement. The serial correlation of 0.25 indicates that over 25.0% of current Source Physical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 801.7 K |
Source Physical technical etf 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, etf market cycles, or different charting patterns.
Source Physical Palladium Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Source Physical Palladium volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Source Physical Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Source Physical Palladium on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Source Physical Palladium based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Source Physical Palladium price pattern first instead of the macroeconomic environment surrounding Source Physical Palladium. By analyzing Source Physical's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Source Physical's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Source Physical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Source Physical January 29, 2026 Technical Indicators
Most technical analysis of Source help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Source from various momentum indicators to cycle indicators. When you analyze Source charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1237 | |||
| Market Risk Adjusted Performance | 0.5688 | |||
| Mean Deviation | 2.29 | |||
| Semi Deviation | 3.58 | |||
| Downside Deviation | 3.97 | |||
| Coefficient Of Variation | 634.86 | |||
| Standard Deviation | 3.4 | |||
| Variance | 11.58 | |||
| Information Ratio | 0.1355 | |||
| Jensen Alpha | 0.465 | |||
| Total Risk Alpha | 0.2257 | |||
| Sortino Ratio | 0.1163 | |||
| Treynor Ratio | 0.5588 | |||
| Maximum Drawdown | 19.28 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 6.07 | |||
| Downside Variance | 15.73 | |||
| Semi Variance | 12.85 | |||
| Expected Short fall | (2.43) | |||
| Skewness | (1.22) | |||
| Kurtosis | 4.44 |
Source Physical January 29, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Source stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 123.70 | ||
| Daily Balance Of Power | 1.25 | ||
| Rate Of Daily Change | 1.06 | ||
| Day Median Price | 13,769 | ||
| Day Typical Price | 13,869 | ||
| Price Action Indicator | 713.93 | ||
| Market Facilitation Index | 0.25 |
Other Information on Investing in Source Etf
Source Physical financial ratios help investors to determine whether Source Etf 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 Physical security.