SCANSOURCE (SC3SG) (Germany) Performance
| SC3 Stock | 33.60 0.60 1.82% |
The firm owns a Beta (Systematic Risk) of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SCANSOURCE (SC3SG) are expected to decrease at a much lower rate. During the bear market, SCANSOURCE (SC3SG) is likely to outperform the market. At this point, SCANSOURCE (SC3SG) has a negative expected return of -0.54%. Please make sure to validate SCANSOURCE (SC3SG)'s standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if SCANSOURCE (SC3SG) performance from the past will be repeated in the future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SCANSOURCE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
SCANSOURCE |
SCANSOURCE (SC3SG) Relative Risk vs. Return Landscape
If you would invest 4,720 in SCANSOURCE on December 20, 2024 and sell it today you would lose (1,360) from holding SCANSOURCE or give up 28.81% of portfolio value over 90 days. SCANSOURCE is generating negative expected returns and assumes 2.3847% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than SCANSOURCE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SCANSOURCE (SC3SG) Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCANSOURCE (SC3SG)'s investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SCANSOURCE, and traders can use it to determine the average amount a SCANSOURCE (SC3SG)'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 = -0.2283
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| Negative Returns | SC3 |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SCANSOURCE (SC3SG) 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 SCANSOURCE (SC3SG) by adding SCANSOURCE (SC3SG) to a well-diversified portfolio.
About SCANSOURCE (SC3SG) Performance
Assessing SCANSOURCE (SC3SG)'s fundamental ratios provides investors with valuable insights into SCANSOURCE (SC3SG)'s financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SCANSOURCE (SC3SG) is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about SCANSOURCE (SC3SG) performance evaluation
Checking the ongoing alerts about SCANSOURCE (SC3SG) for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SCANSOURCE (SC3SG) help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SCANSOURCE (SC3SG) generated a negative expected return over the last 90 days |
- Analyzing SCANSOURCE (SC3SG)'s financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SCANSOURCE (SC3SG)'s stock is overvalued or undervalued compared to its peers.
- Examining SCANSOURCE (SC3SG)'s industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SCANSOURCE (SC3SG)'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of SCANSOURCE (SC3SG)'s management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SCANSOURCE (SC3SG)'s stock. These opinions can provide insight into SCANSOURCE (SC3SG)'s potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for SCANSOURCE Stock Analysis
When running SCANSOURCE (SC3SG)'s price analysis, check to measure SCANSOURCE (SC3SG)'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 (SC3SG) is operating at the current time. Most of SCANSOURCE (SC3SG)'s value examination focuses on studying past and present price action to predict the probability of SCANSOURCE (SC3SG)'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 (SC3SG)'s price. Additionally, you may evaluate how the addition of SCANSOURCE (SC3SG) to your portfolios can decrease your overall portfolio volatility.