Source Markets (Germany) Price on December 29, 2024
| SC0W Etf | 520.80 3.10 0.59% |
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 520.80, as last reported on the 1st of January, with the highest price reaching 521.20 and the lowest price hitting 519.60 during the day. Source Markets plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the etf had a -0.11% return per unit of risk over the last 3 months. Source Markets plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Source Markets' Coefficient Of Variation of (1,728), risk adjusted performance of (0.04), and Variance of 2.48 to confirm the risk estimate we provide.
Source Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Source |
Sharpe Ratio = -0.1105
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| Negative Returns | SC0W |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Source Markets is not performing at its full potential. However, 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 Source Markets to a well-diversified portfolio.
Source Markets Valuation on December 29, 2024
It is possible to determine the worth of Source Markets on a given historical date. On December 29, 2024 Source was worth 519.7 at the beginning of the trading date compared to the closed value of 523.9. 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 | |
| 517.30 | 518.30 | 514.80 | 518.30 | 48.00 | |
12/27/2024 | 519.70 | 524.40 | 519.70 | 523.90 | 50.00 |
| 519.60 | 521.20 | 519.60 | 520.80 | 12.00 |
| Backtest Source Markets | | | Source Markets History | Previous | Next |
Source Markets Trading Date Momentum on December 29, 2024
| On December 30 2024 Source Markets plc was traded for 520.80 at the closing time. The highest price during the trading period was 521.20 and the lowest recorded bid was listed for 519.60 . The volume for the day was 12.0. This history from December 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.59% . The trading price change to the current price is 0.82% . |
Price Boundaries
Source Markets Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
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Source Markets January 1, 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.