Scansource Stock Price on September 25, 2024
| SCSC Stock | USD 50.41 0.08 0.16% |
Below is the normalized historical share price chart for ScanSource extending back to March 18, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ScanSource stands at 50.41, as last reported on the 30th of November, with the highest price reaching 52.07 and the lowest price hitting 50.35 during the day.
If you're considering investing in ScanSource Stock, it is important to understand the factors that can impact its price. At this point, ScanSource is very steady. ScanSource owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0354, which indicates the firm had a 0.0354% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ScanSource, which you can use to evaluate the volatility of the company. Please validate ScanSource's Risk Adjusted Performance of 0.0017, coefficient of variation of (14,948), and Variance of 5.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.0844%.
At present, ScanSource's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 46.4 M, whereas Total Stockholder Equity is forecasted to decline to about 478.1 M. . At present, ScanSource's Price Earnings Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 3.86, whereas Price Book Value Ratio is forecasted to decline to 1.11. ScanSource Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of March 1994 | 200 Day MA 45.9444 | 50 Day MA 48.0076 | Beta 1.423 |
ScanSource |
Sharpe Ratio = 0.0354
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| Cash | Small Risk | SCSC | High Risk | Huge Risk |
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average ScanSource is performing at about 2% 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 ScanSource by adding it to a well-diversified portfolio.
Price Book 1.3059 | Enterprise Value Ebitda 8.4905 | Price Sales 0.3801 | Shares Float 22 M | Wall Street Target Price 57 |
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ScanSource Valuation on September 25, 2024
It is possible to determine the worth of ScanSource on a given historical date. On September 25, 2024 ScanSource was worth 47.5 at the beginning of the trading date compared to the closed value of 47.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ScanSource stock. Still, in general, we apply an absolute valuation method to find ScanSource'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 ScanSource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ScanSource's related companies.
| Open | High | Low | Close | Volume | |
| 47.71 | 47.99 | 47.20 | 47.50 | 218,854 | |
09/25/2024 | 47.50 | 47.96 | 47.30 | 47.58 | 210,913 |
| 48.21 | 48.90 | 47.38 | 48.15 | 186,471 |
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ScanSource Trading Date Momentum on September 25, 2024
| On September 26 2024 ScanSource was traded for 48.15 at the closing time. The top price for the day was 48.90 and the lowest listed price was 47.38 . The trading volume for the day was 186.5 K. The trading history from September 26, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.20% . The trading price change against the current closing price is 1.07% . |
ScanSource Fundamentals Correlations and Trends
By evaluating ScanSource's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ScanSource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ScanSource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ScanSource Stock history
ScanSource 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 ScanSource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ScanSource 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 ScanSource stock prices may prove useful in developing a viable investing in ScanSource
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.2 M | 25.5 M | |
| Net Income Applicable To Common Shares | 103.3 M | 108.4 M |
ScanSource Quarterly Net Working Capital |
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ScanSource Stock Technical Analysis
ScanSource technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
ScanSource Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ScanSource cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
ScanSource November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ScanSource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ScanSource shares will generate the highest return on investment. By undertsting and applying ScanSource stock market strength indicators, traders can identify ScanSource entry and exit signals to maximize returns
ScanSource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ScanSource's price direction in advance. Along with the technical and fundamental analysis of ScanSource Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ScanSource 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 | 0.0017 | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for ScanSource Stock analysis
When running ScanSource's price analysis, check to measure ScanSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.
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