DOCDATA (Germany) Price on November 18, 2024

DOC2 Stock  EUR 0.42  0.01  2.33%   
If you're considering investing in DOCDATA Stock, it is important to understand the factors that can impact its price. As of today, the current price of DOCDATA stands at 0.42, as last reported on the 4th of December, with the highest price reaching 0.42 and the lowest price hitting 0.42 during the day. DOCDATA retains Efficiency (Sharpe Ratio) of -0.0721, which denotes the company had a -0.0721% return per unit of risk over the last 3 months. DOCDATA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DOCDATA's Market Risk Adjusted Performance of (0.23), variance of 9.21, and Standard Deviation of 3.04 to check the risk estimate we provide.
  
DOCDATA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0721

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Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average DOCDATA 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 DOCDATA by adding DOCDATA to a well-diversified portfolio.

DOCDATA Valuation on November 18, 2024

It is possible to determine the worth of DOCDATA on a given historical date. On November 18, 2024 DOCDATA was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DOCDATA stock. Still, in general, we apply an absolute valuation method to find DOCDATA'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 DOCDATA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DOCDATA's related companies.
 Open High Low Close Volume
  0.44    0.44    0.44    0.44    1.00  
11/18/2024
  0.45    0.45    0.45    0.45    1.00  
  0.42    0.42    0.42    0.42    1.00  
Backtest DOCDATA  |  DOCDATA History  |  DOCDATA Valuation   PreviousNext  
Open Value
0.45
0.45
Closing Value
9.49
Upside

DOCDATA Trading Date Momentum on November 18, 2024

On November 19 2024 DOCDATA was traded for  0.42  at the closing time. The highest price during the trading period was 0.42  and the lowest recorded bid was listed for  0.42 . There was no trading activity during the period 1.0. Lack of trading volume on November 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.67% . The overall trading delta to the current price is 4.44% .

DOCDATA Fundamentals Correlations and Trends

By evaluating DOCDATA'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 DOCDATA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DOCDATA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About DOCDATA Stock history

DOCDATA 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 DOCDATA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DOCDATA 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 DOCDATA stock prices may prove useful in developing a viable investing in DOCDATA

DOCDATA Stock Technical Analysis

DOCDATA 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 DOCDATA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DOCDATA 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

DOCDATA Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

DOCDATA cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.

DOCDATA December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how DOCDATA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DOCDATA shares will generate the highest return on investment. By undertsting and applying DOCDATA stock market strength indicators, traders can identify DOCDATA entry and exit signals to maximize returns

DOCDATA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for DOCDATA's price direction in advance. Along with the technical and fundamental analysis of DOCDATA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DOCDATA 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 DOCDATA Stock analysis

When running DOCDATA's price analysis, check to measure DOCDATA'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 DOCDATA is operating at the current time. Most of DOCDATA's value examination focuses on studying past and present price action to predict the probability of DOCDATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DOCDATA's price. Additionally, you may evaluate how the addition of DOCDATA to your portfolios can decrease your overall portfolio volatility.
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