DocCheck (Germany) Price on April 22, 2024
| AJ91 Stock | EUR 8.55 0.30 3.39% |
If you're considering investing in DocCheck Stock, it is important to understand the factors that can impact its price. As of today, the current price of DocCheck stands at 8.55, as last reported on the 11th of May 2024, with the highest price reaching 8.55 and the lowest price hitting 8.55 during the day. We consider DocCheck not too volatile. DocCheck AG secures Sharpe Ratio (or Efficiency) of 8.0E-4, which denotes the company had a 8.0E-4% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for DocCheck AG, which you can use to evaluate the volatility of the firm. Please confirm DocCheck's Coefficient Of Variation of (2,157), standard deviation of 1.45, and Mean Deviation of 0.8536 to check if the risk estimate we provide is consistent with the expected return of 0.0011%.
DocCheck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DocCheck |
Sharpe Ratio = 8.0E-4
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| Negative Returns | AJ91 |
Estimated Market Risk
| 1.46 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DocCheck 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 DocCheck by adding DocCheck to a well-diversified portfolio.
DocCheck Valuation on April 22, 2024
It is possible to determine the worth of DocCheck on a given historical date. On April 22, 2024 DocCheck was worth 8.85 at the beginning of the trading date compared to the closed value of 8.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DocCheck stock. Still, in general, we apply an absolute valuation method to find DocCheck'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 DocCheck where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DocCheck's related companies.
| Open | High | Low | Close | Volume | |
| 8.85 | 8.85 | 8.85 | 8.85 | 1.00 | |
04/22/2024 | 8.85 | 8.85 | 8.85 | 8.85 | 1.00 |
| 8.85 | 8.85 | 8.85 | 8.85 | 1.00 |
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DocCheck Trading Date Momentum on April 22, 2024
| On April 23 2024 DocCheck AG was traded for 8.85 at the closing time. The maximum traded price for the trading interval was 8.85 and the lowest daily price was 8.85 . There was no trading activity during the period 1.0. Lack of trading volume on 23rd of April 2024 did not affect price variability. The overall trading delta to the closing price today is 3.39% . |
DocCheck AG Fundamentals Correlations and Trends
By evaluating DocCheck'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 DocCheck's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DocCheck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DocCheck Stock history
DocCheck 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 DocCheck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DocCheck AG 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 DocCheck stock prices may prove useful in developing a viable investing in DocCheck
DocCheck AG, through its subsidiaries, operates B2B portal for medical professionals in Europe. In addition, the company develops and implements communication strategies at the Cologne site based on media for the healthcare and B2B markets. DOCCHECK operates under Health Information Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 248 people.
DocCheck Stock Technical Analysis
DocCheck 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
DocCheck Period Price Range
Low | April 22, 2024
| High |
8.85 | 8.85 |
DocCheck May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how DocCheck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DocCheck shares will generate the highest return on investment. By undertsting and applying DocCheck stock market strength indicators, traders can identify DocCheck AG entry and exit signals to maximize returns
DocCheck Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DocCheck's price direction in advance. Along with the technical and fundamental analysis of DocCheck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DocCheck 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 | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.4185 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for DocCheck Stock analysis
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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