ScanSource Performance

SCSC -- USA Stock  

Quarterly Earning Report: November 5, 2019  

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.
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Risk-Adjusted Performance

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.
Quick Ratio1.07
Fifty Two Week Low26.84
Target High Price46.00
Fifty Two Week High44.30
Target Low Price36.00
Horizon     30 Days    Login   to change

ScanSource Relative Risk vs. Return Landscape

If you would invest  3,220  in ScanSource on September 17, 2019 and sell it today you would lose (100.00)  from holding ScanSource or give up 3.11% of portfolio value over 30 days. ScanSource is currently does not generate positive expected returns and assumes 2.0537% risk (volatility on return distribution) over the 30 days horizon. In different words, 18% of equities are less volatile than ScanSource and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, ScanSource is expected to under-perform the market. In addition to that, the company is 2.08 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

ScanSource Market Risk Analysis

Sharpe Ratio = -0.0139
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ScanSource Relative Performance Indicators

Estimated Market Risk
 2.05
  actual daily
 
 18 %
of total potential
 
1818
Expected Return
 -0.03
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.01
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average ScanSource is performing at about 0% 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.

ScanSource Alerts

Equity Alerts and Improvement Suggestions

ScanSource generates negative expected return over the last 30 days
SCANSOURCE INC currently holds about 23.82 M in cash with (42.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94.
Over 99.0% of the company shares are owned by institutional investors
Latest headline from douglasdigitaldaily.com: ScanSource, Inc. s Cash Flow Moves -2.09361 Placing Shares Under the Lens - Douglas Daily
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