The entity has beta of 1.1168 which indicates ScanSource returns are very sensitive to returns on the market. as market goes up or down, ScanSource is expected to follow. Even though it is essential to pay attention to ScanSource
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. ScanSource exposes twenty-one different technical indicators which can help you to evaluate its performance. ScanSource
has expected return of -0.0285%. Please be advised to validate ScanSource Treynor Ratio
, and the relationship
between Standard Deviation
and Downside Variance
to decide if ScanSource
past performance will be repeated at some point in the near future.
Over the last 30 days ScanSource has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, ScanSource is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||26.84|
|Target High Price||46.00|
|Fifty Two Week High||44.30|
|Target Low Price||36.00|