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.

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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Open Value
500.2
495.87
Downside
496.4
Closing Value
504.53
Upside

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
0.00  NaN%
High

 0.00 

     

 0.00 

Source Markets plc cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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 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.