Source Markets (Germany) Price on February 26, 2024
SC0W Etf | 558.50 6.60 1.20% |
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 Markets stands at 558.50, as last reported on the 21st of January, with the highest price reaching 559.60 and the lowest price hitting 549.90 during the day. At this point, Source Markets is very steady. Source Markets plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0224, which indicates the etf had a 0.0224 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Source Markets plc, which you can use to evaluate the volatility of the etf. Please validate Source Markets' Coefficient Of Variation of 19869.34, semi deviation of 1.56, and Risk Adjusted Performance of 0.0084 to confirm if the risk estimate we provide is consistent with the expected return of 0.0323%.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = 0.0224
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Estimated Market Risk
1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Source Markets is performing at about 1% 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 Markets by adding it to a well-diversified portfolio.
Source Markets Valuation on February 26, 2024
It is possible to determine the worth of Source Markets on a given historical date. On February 26, 2024 Source was worth 500.2 at the beginning of the trading date compared to the closed value of 496.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Source Markets etf. Still, in general, we apply an absolute valuation method to find Source Markets' 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 Markets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Source Markets' related companies.
Open | High | Low | Close | Volume | |
509.40 | 509.40 | 504.60 | 506.40 | 19.00 | |
02/26/2024 | 500.20 | 500.20 | 495.40 | 496.40 | 23.00 |
501.90 | 506.40 | 501.90 | 504.80 | 115.00 |
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Source Markets Trading Date Momentum on February 26, 2024
On February 27 2024 Source Markets plc was traded for 504.80 at the closing time. The highest price during the trading period was 506.40 and the lowest recorded bid was listed for 501.90 . The volume for the day was 115. This history from February 27, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.69% . The trading price change to the current price is 1.49% . |
Price Boundaries
Source Markets Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
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Source Markets January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Source Markets 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 Markets shares will generate the highest return on investment. By undertsting and applying Source Markets etf market strength indicators, traders can identify Source Markets plc entry and exit signals to maximize returns
Source Markets Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Source Markets' 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.