As of 21 of August ScanSource has Risk Adjusted Performance of (0.031583) and Coefficient Of Variation of (2,545). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of ScanSource as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for ScanSource which can be compared to its competition. Please validate ScanSourceTreynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if ScanSource is priced more or less accurately providing market reflects its prevalent price of 28.89 per share. Given that ScanSource has Jensen Alpha of (0.016987), we advise you double-check ScanSource current market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of twenty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ScanSource volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
ScanSource Trend Analysis
Use this graph to draw trend lines for ScanSource. You can use it to identify possible trend reversals for ScanSource as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ScanSource price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ScanSource Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ScanSource applied against its price change over selected period. The best fit line has a slop of 0.03 % which may suggest that ScanSource market price will keep on failing further. It has 78 observation points and a regression sum of squares at 11.64, which is the sum of squared deviations for the predicted ScanSource price change compared to its average price change.