DocCheck (Germany) Price on April 23, 2024

AJ91 Stock  EUR 7.40  0.05  0.67%   
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 7.40, as last reported on the 21st of September, with the highest price reaching 7.40 and the lowest price hitting 7.40 during the day. DocCheck AG secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of standard deviation over the last 3 months. DocCheck AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DocCheck's Coefficient Of Variation of (774.84), mean deviation of 0.8203, and Standard Deviation of 1.62 to check the risk estimate we provide.
  
DocCheck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1291

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Estimated Market Risk

 1.62
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 23, 2024

It is possible to determine the worth of DocCheck on a given historical date. On April 23, 2024 DocCheck was worth 8.35 at the beginning of the trading date compared to the closed value of 8.35. 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
  8.35    8.35    8.35    8.35    1.00  
04/23/2024
  8.35    8.35    8.35    8.35    1.00  
  8.35    8.35    8.35    8.35    1.00  
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Open Value
8.35
8.35
Closing Value
13.20
Upside

DocCheck Trading Date Momentum on April 23, 2024

On April 24 2024 DocCheck AG was traded for  8.35  at the closing time. The maximum traded price for the trading interval was 8.35  and the lowest daily price was  8.35 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 3.35% .

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.
A focus of DocCheck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DocCheck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

DocCheck Period Price Range

Low
September 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

DocCheck AG 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.

DocCheck September 21, 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.

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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