SOR:NYSESource Capital, Inc. Cmn Shs of BI Analysis

Source Capital (SOR) is trading at $45.25, comfortably below its 20‑day ($45.33), 50‑day ($45.80) and 200‑day ($46.33) simple moving averages, signaling a short‑term bearish bias. The RSI sits at 45.3, indicating neutral momentum, while the MACD histogram is modestly positive despite both the MACD line (-0.14) and signal line (-0.16) remaining in negative territory, suggesting limited upside momentum. Volume has been decreasing and 30‑day volatility is about 9%, but the fund’s beta of 0.46 points to lower systematic risk. A recent max drawdown of roughly 9.8% and an “Extreme Greed” reading on the Fear & Greed Index (89.86) reflect heightened market optimism that may be inflating price.
On the valuation side, SOR offers an attractive PE ratio of 6.25 and a price‑to‑book of 0.94, both well below typical equity averages, while delivering a robust dividend yield of 5.5%. The fund currently trades at parity with NAV (no discount or premium), indicating a stable discount trend. Combined with low beta and modest volatility, the overall risk profile is subdued, supporting a more favorable outlook for medium‑ to long‑term investors.