Source SP (Germany) Performance
| E500 Etf | EUR 46.09 0.21 0.45% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Source SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Source SP is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Source SP 500 are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Source SP is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 19.56 | |
| Fifty Two Week High | 24.07 |
Source |
Source SP Relative Risk vs. Return Landscape
If you would invest 4,457 in Source SP 500 on September 27, 2024 and sell it today you would earn a total of 152.00 from holding Source SP 500 or generate 3.41% return on investment over 90 days. Source SP 500 is generating 0.0561% of daily returns assuming 0.7603% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than Source SP, 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 SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Source SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Source SP 500, and traders can use it to determine the average amount a Source SP's 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 = 0.0738
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Source SP is performing at about 5% 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 SP by adding it to a well-diversified portfolio.
Source SP Fundamentals Growth
Source Etf prices reflect investors' perceptions of the future prospects and financial health of Source SP, and Source SP 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.
About Source SP Performance
By analyzing Source SP's fundamental ratios, stakeholders can gain valuable insights into Source SP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Source SP 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 SP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment objective is to achieve the Target Performance . Source Markets is traded on Frankfurt Stock Exchange in Germany.| The fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in Source Etf
Source SP 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 SP security.