Source Markets (Germany) Performance
| SC0W Etf | EUR 514.50 0.00 0.00% |
The entity has a beta of -0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Source Markets are expected to decrease at a much lower rate. During the bear market, Source Markets is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Source Markets plc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Etf's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the Exchange Traded Fund stockholders. ...more
| Fifty Two Week Low | 212.35 | |
| Fifty Two Week High | 511.60 |
Source |
Source Markets Relative Risk vs. Return Landscape
If you would invest 58,790 in Source Markets plc on September 30, 2024 and sell it today you would lose (7,340) from holding Source Markets plc or give up 12.49% of portfolio value over 90 days. Source Markets plc is producing return of less than zero assuming 1.3652% volatility of returns over the 90 days investment horizon. Simply put, 12% of all etfs have less volatile historical return distribution than Source Markets, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Source Markets Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Source Markets' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Source Markets plc, and traders can use it to determine the average amount a Source Markets' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1506
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SC0W |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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 Fundamentals Growth
Source Etf prices reflect investors' perceptions of the future prospects and financial health of Source Markets, and Source Markets fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Source Etf performance.
| Total Asset | 13.52 M | |||
About Source Markets Performance
By analyzing Source Markets' fundamental ratios, stakeholders can gain valuable insights into Source Markets' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Source Markets has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Source Markets has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to replicate, net of expenses, the STOXX Europe 600 Optimised Basic Resources TR index. IM I is traded on Frankfurt Stock Exchange in Germany.| Source Markets plc generated a negative expected return over the last 90 days | |
| The fund maintains all of its assets in stocks |
Other Information on Investing in Source Etf
Source Markets 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 Markets security.