Source Markets (Germany) Performance
| SC0Z Etf | EUR 265.45 2.40 0.91% |
The entity has a beta of 0.0641, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Source Markets' returns are expected to increase less than the market. However, during the bear market, the loss of holding Source Markets is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Source Markets plc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Etf's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the Exchange Traded Fund stockholders. ...more
Source |
Source Markets Relative Risk vs. Return Landscape
If you would invest 29,245 in Source Markets plc on September 27, 2024 and sell it today you would lose (2,700) from holding Source Markets plc or give up 9.23% of portfolio value over 90 days. Source Markets plc is producing return of less than zero assuming 0.8068% volatility of returns over the 90 days investment horizon. Simply put, 7% 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 = -0.1865
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| Negative Returns | SC0Z |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 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.
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.
| Source Markets plc generated a negative expected return over the last 90 days |
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.