Source SP (Germany) Price on December 20, 2024
| E500 Etf | EUR 46.61 0.52 1.13% |
If you're considering investing in Source Etf, it is important to understand the factors that can impact its price. As of today, the current price of Source SP stands at 46.61, as last reported on the 29th of December, with the highest price reaching 46.61 and the lowest price hitting 46.60 during the day. At this point, Source SP is very steady. Source SP 500 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the etf had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Source SP 500, which you can use to evaluate the volatility of the etf. Please validate Source SP's Semi Deviation of 0.6661, risk adjusted performance of 0.0799, and Coefficient Of Variation of 991.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.0772%.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = 0.1001
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Source SP is performing at about 7% of its full potential. 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 SP by adding it to a well-diversified portfolio.
Source SP Valuation on December 20, 2024
It is possible to determine the worth of Source SP on a given historical date. On December 20, 2024 Source was worth 45.12 at the beginning of the trading date compared to the closed value of 46.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Source SP etf. Still, in general, we apply an absolute valuation method to find Source SP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Source SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Source SP's related companies.
| Open | High | Low | Close | Volume | |
| 45.65 | 45.81 | 45.65 | 45.81 | 292.00 | |
12/20/2024 | 45.12 | 46.30 | 45.12 | 46.30 | 172.00 |
| 46.09 | 46.09 | 46.09 | 46.09 | 1.00 |
| Backtest Source SP | | | Source SP History | Previous | Next |
Source SP Trading Date Momentum on December 20, 2024
| On December 23 2024 Source SP 500 was traded for 46.09 at the closing time. The maximum traded price for the trading interval was 46.09 and the lowest daily price was 46.09 . There was no trading activity during the period 1.0. Lack of trading volume on 23rd of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.45% . The trading price change to the closing price today is 0.65% . |
About Source SP Etf history
Source SP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Source is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Source SP 500 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Source SP stock prices may prove useful in developing a viable investing in Source SP
Source SP Etf Technical Analysis
Source SP 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.
Price Boundaries
Source SP Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Source SP 500 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Source SP December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Source SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Source SP shares will generate the highest return on investment. By undertsting and applying Source SP etf market strength indicators, traders can identify Source SP 500 entry and exit signals to maximize returns
Source SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Source SP's price direction in advance. Along with the technical and fundamental analysis of Source Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Source to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0799 | |||
| Jensen Alpha | 0.067 | |||
| Total Risk Alpha | 0.0456 | |||
| Sortino Ratio | 0.0567 | |||
| Treynor Ratio | (6.49) |
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| Volume Indicators |
Other Information on Investing in Source Etf
Source SP 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 SP security.