Scansource Stock Price on February 9, 2017
SCSC Stock | USD 43.73 0.97 2.27% |
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 43.73, as last reported on the 28th of March, with the highest price reaching 43.89 and the lowest price hitting 43.00 during the day.
If you're considering investing in ScanSource Stock, it is important to understand the factors that can impact its price. We consider ScanSource very steady. ScanSource owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0927, which indicates the firm had a 0.0927% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ScanSource, which you can use to evaluate the volatility of the company. Please validate ScanSource's Semi Deviation of 1.56, coefficient of variation of 1009.8, and Risk Adjusted Performance of 0.0621 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At present, ScanSource's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 74.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 25.5 M. . At present, ScanSource's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting. 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 34.2617 | 50 Day MA 41.0598 | Beta 1.513 |
ScanSource |
Sharpe Ratio = 0.0927
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average ScanSource is performing at about 7% 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 1.1284 | Enterprise Value Ebitda 7.424 | Price Sales 0.2995 | Shares Float 24.6 M | Wall Street Target Price 41.5 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
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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 2024 | ||
Common Stock Shares Outstanding | 28.9 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
ScanSource March 28, 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 | 0.0621 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | 0.0304 | |||
Treynor Ratio | 0.1011 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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Is ScanSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ScanSource. If investors know ScanSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ScanSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.277 | Earnings Share 3.42 | Revenue Per Share 143.748 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0364 |
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ScanSource's market value can be influenced by many factors that don't directly affect ScanSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.