DocCheck (Germany) Technical Analysis
| AJ91 Stock | EUR 8.85 0.20 2.21% |
As of the 17th of April 2024, DocCheck shows the Downside Deviation of 1.98, semi deviation of 1.15, and Mean Deviation of 0.9192. DocCheck AG technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for DocCheck AG, which can be compared to its peers. Please confirm DocCheck AG semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if DocCheck AG is priced favorably, providing market reflects its regular price of 8.85 per share.
DocCheck Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DocCheck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DocCheckDocCheck |
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.
DocCheck AG Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of DocCheck AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DocCheck AG Trend Analysis
Use this graph to draw trend lines for DocCheck AG. You can use it to identify possible trend reversals for DocCheck as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DocCheck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DocCheck Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DocCheck AG applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that DocCheck AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted DocCheck price change compared to its average price change.About DocCheck Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DocCheck AG on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DocCheck AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DocCheck AG price pattern first instead of the macroeconomic environment surrounding DocCheck AG. By analyzing DocCheck's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DocCheck's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DocCheck specific price patterns or momentum indicators. Please read more on our technical analysis page.
DocCheck April 17, 2024 Technical Indicators
Most technical analysis of DocCheck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DocCheck from various momentum indicators to cycle indicators. When you analyze DocCheck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0141 | |||
| Market Risk Adjusted Performance | 0.0769 | |||
| Mean Deviation | 0.9192 | |||
| Semi Deviation | 1.15 | |||
| Downside Deviation | 1.98 | |||
| Coefficient Of Variation | 7622.37 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0028 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0669 | |||
| Maximum Drawdown | 9.05 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 3.33 | |||
| Downside Variance | 3.94 | |||
| Semi Variance | 1.32 | |||
| Expected Short fall | (2.04) | |||
| Skewness | 0.1622 | |||
| Kurtosis | 2.18 |
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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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