Datalogic SpA (Germany) Price on December 6, 2023
DT8A Stock | EUR 5.04 0.07 1.41% |
If you're considering investing in Datalogic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Datalogic SpA stands at 5.04, as last reported on the 30th of November, with the highest price reaching 5.04 and the lowest price hitting 4.80 during the day. Datalogic SpA secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Datalogic SpA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Datalogic SpA's Variance of 2.65, standard deviation of 1.63, and Mean Deviation of 1.13 to check the risk estimate we provide.
Datalogic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Datalogic |
Sharpe Ratio = -0.219
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Estimated Market Risk
1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Datalogic SpA 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 Datalogic SpA by adding Datalogic SpA to a well-diversified portfolio.
Datalogic SpA Valuation on December 6, 2023
It is possible to determine the worth of Datalogic SpA on a given historical date. On December 6, 2023 Datalogic was worth 6.05 at the beginning of the trading date compared to the closed value of 6.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Datalogic SpA stock. Still, in general, we apply an absolute valuation method to find Datalogic SpA'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 Datalogic SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Datalogic SpA's related companies.
Open | High | Low | Close | Volume | |
5.81 | 5.81 | 5.81 | 5.81 | 1.00 | |
12/06/2023 | 6.05 | 6.05 | 6.05 | 6.05 | 1.00 |
6.07 | 6.07 | 6.07 | 6.07 | 1.00 |
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Datalogic SpA Trading Date Momentum on December 6, 2023
On December 07 2023 Datalogic SpA was traded for 6.07 at the closing time. The maximum traded price for the trading interval was 6.07 and the lowest daily price was 6.07 . There was no trading activity during the period 1.0. Lack of trading volume on 7th of December 2023 played a part in the next trading day price rise. The overall trading delta to the next closing price was 0.33% . The overall trading delta to the closing price today is 2.64% . |
Datalogic SpA Fundamentals Correlations and Trends
By evaluating Datalogic SpA'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 Datalogic SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Datalogic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Datalogic SpA Stock history
Datalogic SpA 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 Datalogic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Datalogic SpA 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 Datalogic SpA stock prices may prove useful in developing a viable investing in Datalogic SpA
Datalogic S.p.A. manufactures and sells automatic data capture and process automation products worldwide. The company was founded in 1972 and is headquartered in Bologna, Italy. DATALOGIC operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3004 people.
Datalogic SpA Stock Technical Analysis
Datalogic SpA 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
Datalogic SpA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Datalogic SpA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Datalogic SpA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Datalogic SpA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Datalogic SpA shares will generate the highest return on investment. By undertsting and applying Datalogic SpA stock market strength indicators, traders can identify Datalogic SpA entry and exit signals to maximize returns
Datalogic SpA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Datalogic SpA's price direction in advance. Along with the technical and fundamental analysis of Datalogic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Datalogic 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 | (0.17) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | 3.31 |
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Complementary Tools for Datalogic Stock analysis
When running Datalogic SpA's price analysis, check to measure Datalogic SpA'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 Datalogic SpA is operating at the current time. Most of Datalogic SpA's value examination focuses on studying past and present price action to predict the probability of Datalogic SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datalogic SpA's price. Additionally, you may evaluate how the addition of Datalogic SpA to your portfolios can decrease your overall portfolio volatility.
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