DocCheck (Germany) Buy Hold or Sell Recommendation

AJ91 Stock  EUR 8.85  0.15  1.67%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding DocCheck AG is 'Hold'. Macroaxis provides DocCheck buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DocCheck positions. The advice algorithm takes into account all of DocCheck's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting DocCheck's buy or sell advice are summarized below:
Real Value
8.91
Hype Value
8.85
Market Value
8.85
Naive Value
8.85
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell DocCheck AG given historical horizon and risk tolerance towards DocCheck. When Macroaxis issues a 'buy' or 'sell' recommendation for DocCheck AG, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out DocCheck Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as DocCheck and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards DocCheck AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute DocCheck Buy or Sell Advice

The DocCheck recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DocCheck AG. Macroaxis does not own or have any residual interests in DocCheck AG or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DocCheck's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell DocCheckBuy DocCheck
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon DocCheck AG has a Risk Adjusted Performance of (0.02), Jensen Alpha of (0.12), Total Risk Alpha of (0.37) and Treynor Ratio of (0.22)
We provide trade advice to complement the prevailing expert consensus on DocCheck AG. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure DocCheck is not overpriced, please confirm all DocCheck AG fundamentals, including its operating margin, shares outstanding, and the relationship between the profit margin and current valuation .

DocCheck Trading Alerts and Improvement Suggestions

DocCheck AG generated a negative expected return over the last 90 days
About 72.0% of the company shares are held by company insiders

DocCheck Returns Distribution Density

The distribution of DocCheck's historical returns is an attempt to chart the uncertainty of DocCheck's future price movements. The chart of the probability distribution of DocCheck daily returns describes the distribution of returns around its average expected value. We use DocCheck AG price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DocCheck returns is essential to provide solid investment advice for DocCheck.
Mean Return
-0.07
Value At Risk
-1.71
Potential Upside
2.81
Standard Deviation
1.29
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DocCheck historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

DocCheck Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to DocCheck or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that DocCheck's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a DocCheck stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.12
β
Beta against NYSE Composite0.36
σ
Overall volatility
1.31
Ir
Information ratio -0.16

DocCheck Volatility Alert

DocCheck AG exhibits very low volatility with skewness of 1.03 and kurtosis of 2.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DocCheck's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DocCheck's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

DocCheck Fundamentals Vs Peers

Comparing DocCheck's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze DocCheck's direct or indirect competition across all of the common fundamentals between DocCheck and the related equities. This way, we can detect undervalued stocks with similar characteristics as DocCheck or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of DocCheck's fundamental indicators could also be used in its relative valuation, which is a method of valuing DocCheck by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare DocCheck to competition
FundamentalsDocCheckPeer Average
Return On Equity0.2-0.31
Return On Asset0.11-0.14
Profit Margin0.10 %(1.27) %
Operating Margin0.15 %(5.51) %
Current Valuation57.74 M16.62 B
Shares Outstanding5.03 M571.82 M
Shares Owned By Insiders71.92 %10.09 %
Shares Owned By Institutions9.63 %39.21 %
Price To Earning18.89 X28.72 X
Price To Book2.06 X9.51 X
Price To Sales1.03 X11.42 X
Revenue85.92 M9.43 B
Gross Profit24.1 M27.38 B
EBITDA20.09 M3.9 B
Net Income11.4 M570.98 M
Cash And Equivalents10.42 M2.7 B
Cash Per Share2.09 X5.01 X
Total Debt27.12 K5.32 B
Debt To Equity0.10 %48.70 %
Current Ratio2.47 X2.16 X
Book Value Per Share6.86 X1.93 K
Cash Flow From Operations10.93 M971.22 M
Earnings Per Share1.33 X3.12 X
Number Of Employees41718.84 K
Beta0.83-0.15
Market Capitalization67.96 M19.03 B
Total Asset56.74 M29.47 B
Annual Yield0.07 %
Five Year Return4.72 %
Net Asset56.74 M
Last Dividend Paid1.0

DocCheck Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as DocCheck . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About DocCheck Buy or Sell Advice

When is the right time to buy or sell DocCheck AG? Buying financial instruments such as DocCheck Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having DocCheck in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Municipals ETFs Thematic Idea Now

Municipals ETFs
Municipals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Municipals ETFs theme has 88 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Municipals ETFs Theme or any other thematic opportunities.
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Check out DocCheck Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the DocCheck AG information on this page should be used as a complementary analysis to other DocCheck'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running DocCheck's price analysis, check to measure DocCheck'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 DocCheck is operating at the current time. Most of DocCheck's value examination focuses on studying past and present price action to predict the probability of DocCheck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocCheck's price. Additionally, you may evaluate how the addition of DocCheck to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between DocCheck's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocCheck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocCheck'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.