SCANSOURCE (Germany) Today
| SC3 Stock | 43.20 0.60 1.37% |
Performance7 of 100
| Odds Of DistressLess than 9
|
SCANSOURCE is selling for under 43.20 as of the 2nd of June 2024; that is -1.37 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 42.8. SCANSOURCE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for SCANSOURCE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2024 and ending today, the 2nd of June 2024. Click here to learn more.
Moving together with SCANSOURCE Stock
| 0.85 | APC | Apple Inc | PairCorr |
| 0.86 | APC | Apple Inc | PairCorr |
| 0.85 | APC | Apple Inc | PairCorr |
| 0.87 | APC | Apple Inc | PairCorr |
Moving against SCANSOURCE Stock
| 0.76 | DBPD | Xtrackers ShortDAX | PairCorr |
Follow Valuation Odds of Bankruptcy
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SCANSOURCE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SCANSOURCE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SCANSOURCE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Soft Drinks (View all Themes) |
| Business Concentration | Soft Drinks, Other, Other (View all Sectors) |
SCANSOURCE (SC3) is traded on Stuttgart Exchange in Germany . The company operates under Other sector and is part of Other industry.
Check SCANSOURCE Probability Of Bankruptcy
SCANSOURCE Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SCANSOURCE market risk premium is the additional return an investor will receive from holding SCANSOURCE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SCANSOURCE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SCANSOURCE's alpha and beta are two of the key measurements used to evaluate SCANSOURCE's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.65 |
SCANSOURCE Stock Against Markets
Picking the right benchmark for SCANSOURCE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SCANSOURCE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SCANSOURCE is critical whether you are bullish or bearish towards SCANSOURCE at a given time. Please also check how SCANSOURCE's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SCANSOURCE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy SCANSOURCE Stock?
Before investing in SCANSOURCE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SCANSOURCE. To buy SCANSOURCE stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SCANSOURCE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SCANSOURCE stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SCANSOURCE stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SCANSOURCE stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SCANSOURCE, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SCANSOURCE Stock please use our How to Invest in SCANSOURCE guide.
Already Invested in SCANSOURCE?
The danger of trading SCANSOURCE is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SCANSOURCE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SCANSOURCE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SCANSOURCE is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SCANSOURCE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SCANSOURCE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock: 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 more information on how to buy SCANSOURCE Stock please use our How to Invest in SCANSOURCE guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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