1st Source Stock Price on February 1, 2024
| SRCE Stock | USD 51.45 0.15 0.29% |
Below is the normalized historical share price chart for 1st Source extending back to August 12, 1983. 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 1st Source stands at 51.45, as last reported on the 5th of May, with the highest price reaching 52.05 and the lowest price hitting 51.29 during the day.
If you're considering investing in 1st Stock, it is important to understand the factors that can impact its price. We consider 1st Source very steady. 1st Source secures Sharpe Ratio (or Efficiency) of 0.0394, which signifies that the company had a 0.0394% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for 1st Source, which you can use to evaluate the volatility of the firm. Please confirm 1st Source's mean deviation of 1.36, and Risk Adjusted Performance of 0.0112 to double-check if the risk estimate we provide is consistent with the expected return of 0.0745%.
At present, 1st Source's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 527.1 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 4.5 B. . At present, 1st Source's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 2.77, whereas Price To Sales Ratio is forecasted to decline to 2.44. 1st Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of September 1996 | 200 Day MA 48.3954 | 50 Day MA 50.1354 | Beta 0.788 |
1st |
Sharpe Ratio = 0.0394
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| Cash | Small Risk | SRCE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average 1st Source is performing at about 3% 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 1st Source by adding it to a well-diversified portfolio.
Price Book 1.1937 | Price Sales 3.2504 | Shares Float 16 M | Dividend Share 1.34 | Wall Street Target Price 55.67 |
1st Source Valuation on February 1, 2024
It is possible to determine the worth of 1st Source on a given historical date. On February 1, 2024 1st was worth 52.72 at the beginning of the trading date compared to the closed value of 51.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1st Source stock. Still, in general, we apply an absolute valuation method to find 1st Source's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 1st Source where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1st Source's related companies.
| Open | High | Low | Close | Volume | |
| 54.71 | 55.10 | 51.58 | 51.58 | 108,400 | |
02/01/2024 | 52.72 | 52.72 | 50.41 | 51.25 | 66,753 |
| 50.80 | 51.54 | 49.98 | 50.67 | 70,813 |
| Backtest 1st Source | | | 1st Source History | | | 1st Source Valuation | Previous | Next |
1st Source Trading Date Momentum on February 1, 2024
| On February 02 2024 1st Source was traded for 50.67 at the closing time. The top price for the day was 51.54 and the lowest listed price was 49.98 . The trading volume for the day was 70.8 K. The trading history from February 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.13% . The daily price change against the current closing price is 0.88% . |
1st Source Fundamentals Correlations and Trends
By evaluating 1st Source's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among 1st Source's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1st financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 1st Source Stock history
1st Source 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 1st is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1st Source 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 1st Source stock prices may prove useful in developing a viable investing in 1st Source
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.6 M | 21.7 M | |
| Net Income Applicable To Common Shares | 138.6 M | 145.5 M |
1st Source Stock Technical Analysis
1st Source 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
1st Source Period Price Range
Low | February 1, 2024
| High |
52.72 | 51.25 |
1st Source May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how 1st Source stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1st Source shares will generate the highest return on investment. By undertsting and applying 1st Source stock market strength indicators, traders can identify 1st Source entry and exit signals to maximize returns
| Accumulation Distribution | 2924.88 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 51.57 | |||
| Day Typical Price | 51.46 | |||
| Price Action Indicator | (1.05) | |||
| Period Momentum Indicator | 0.2 |
1st Source Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 1st Source's price direction in advance. Along with the technical and fundamental analysis of 1st Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1st 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 | 0.0112 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0026 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for 1st Stock analysis
When running 1st Source's price analysis, check to measure 1st Source'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 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source'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 1st Source. If investors know 1st 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 1st Source 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 (0.05) | Dividend Share 1.34 | Earnings Share 4.97 | Revenue Per Share 14.701 | Quarterly Revenue Growth (0.03) |
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.