Datalex Stock Filter Stocks by Fundamentals

DLE Stock  EUR 0.49  0.01  2.08%   
Datalex fundamentals help investors to digest information that contributes to Datalex's financial success or failures. It also enables traders to predict the movement of Datalex Stock. The fundamental analysis module provides a way to measure Datalex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Datalex stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Did you try this?

Run Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

Datalex Fundamentals

About Datalex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Datalex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Datalex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Datalex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Datalex plc develops and sells various distribution and retailing software products and solutions to the airline industry worldwide. Datalex plc was founded in 1985 and is headquartered in Dublin, Ireland. DATALEX PLC operates under SoftwareApplication classification in Ireland and is traded on Irland Stock Exchange. It employs 140 people.

Pair Trading with Datalex

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Datalex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Datalex will appreciate offsetting losses from the drop in the long position's value.

Moving against Datalex Stock

  0.88C5H Cairn Homes PLCPairCorr
  0.78EG7 FBD Holdings PLCPairCorr
  0.71IR5B Irish ContinentalPairCorr
  0.6KRX Kingspan Group PlcPairCorr
  0.42GVR Glenveagh Properties PLCPairCorr
The ability to find closely correlated positions to Datalex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Datalex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Datalex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Datalex to buy it.
The correlation of Datalex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Datalex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Datalex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Datalex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Datalex Piotroski F Score and Datalex Altman Z Score analysis.
Note that the Datalex information on this page should be used as a complementary analysis to other Datalex'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 Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Datalex Stock analysis

When running Datalex's price analysis, check to measure Datalex'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 Datalex is operating at the current time. Most of Datalex's value examination focuses on studying past and present price action to predict the probability of Datalex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datalex's price. Additionally, you may evaluate how the addition of Datalex to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
CEOs Directory
Screen CEOs from public companies around the world
Please note, there is a significant difference between Datalex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datalex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datalex'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.