DOCDATA (Germany) Price on October 8, 2024
DOC2 Stock | EUR 0.42 0.01 2.33% |
If you're considering investing in DOCDATA Stock, it is important to understand the factors that can impact its price. As of today, the current price of DOCDATA stands at 0.42, as last reported on the 26th of November, with the highest price reaching 0.42 and the lowest price hitting 0.42 during the day. DOCDATA retains Efficiency (Sharpe Ratio) of -0.0507, which denotes the company had a -0.0507% return per unit of risk over the last 3 months. DOCDATA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DOCDATA's Variance of 9.46, market risk adjusted performance of 47.88, and Standard Deviation of 3.08 to check the risk estimate we provide.
DOCDATA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DOCDATA |
Sharpe Ratio = -0.0507
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DOC2 |
Estimated Market Risk
3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DOCDATA is not performing at its full potential. However, 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 DOCDATA by adding DOCDATA to a well-diversified portfolio.
DOCDATA Valuation on October 8, 2024
It is possible to determine the worth of DOCDATA on a given historical date. On October 8, 2024 DOCDATA was worth 0.5 at the beginning of the trading date compared to the closed value of 0.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DOCDATA stock. Still, in general, we apply an absolute valuation method to find DOCDATA'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 DOCDATA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DOCDATA's related companies.
Open | High | Low | Close | Volume | |
0.50 | 0.50 | 0.50 | 0.50 | 3,140 | |
10/08/2024 | 0.50 | 0.50 | 0.50 | 0.50 | 3,140 |
0.49 | 0.49 | 0.49 | 0.49 | 3,140 |
Backtest DOCDATA | | | DOCDATA History | | | DOCDATA Valuation | Previous | Next |
DOCDATA Trading Date Momentum on October 8, 2024
On October 09 2024 DOCDATA was traded for 0.49 at the closing time. The highest price during the trading period was 0.49 and the lowest recorded bid was listed for 0.49 . The volume for the day was 3.1 K. This history from October 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.00% . The overall trading delta to the current price is 2.00% . |
DOCDATA Fundamentals Correlations and Trends
By evaluating DOCDATA'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 DOCDATA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DOCDATA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DOCDATA Stock history
DOCDATA 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 DOCDATA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DOCDATA 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 DOCDATA stock prices may prove useful in developing a viable investing in DOCDATA
DOCDATA Stock Technical Analysis
DOCDATA 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
DOCDATA Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
DOCDATA cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
DOCDATA November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how DOCDATA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DOCDATA shares will generate the highest return on investment. By undertsting and applying DOCDATA stock market strength indicators, traders can identify DOCDATA entry and exit signals to maximize returns
DOCDATA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DOCDATA's price direction in advance. Along with the technical and fundamental analysis of DOCDATA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DOCDATA 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 | (0.04) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.67) | |||
Treynor Ratio | 47.87 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for DOCDATA Stock analysis
When running DOCDATA's price analysis, check to measure DOCDATA'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 DOCDATA is operating at the current time. Most of DOCDATA's value examination focuses on studying past and present price action to predict the probability of DOCDATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DOCDATA's price. Additionally, you may evaluate how the addition of DOCDATA to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |