DecideAct (Denmark) Price on February 7, 2024
ACT Stock | DKK 1.77 0.03 1.67% |
If you're considering investing in DecideAct Stock, it is important to understand the factors that can impact its price. As of today, the current price of DecideAct stands at 1.77, as last reported on the 11th of December 2024, with the highest price reaching 1.77 and the lowest price hitting 1.71 during the day. DecideAct AS secures Sharpe Ratio (or Efficiency) of -0.0179, which denotes the company had a -0.0179% return per unit of standard deviation over the last 3 months. DecideAct AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DecideAct's Coefficient Of Variation of (2,939), mean deviation of 4.06, and Standard Deviation of 6.34 to check the risk estimate we provide.
DecideAct Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DecideAct |
Sharpe Ratio = -0.0179
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Estimated Market Risk
6.41 actual daily | 57 57% of assets are less volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DecideAct 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 DecideAct by adding DecideAct to a well-diversified portfolio.
DecideAct Valuation on February 7, 2024
It is possible to determine the worth of DecideAct on a given historical date. On February 7, 2024 DecideAct was worth 2.64 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DecideAct stock. Still, in general, we apply an absolute valuation method to find DecideAct'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 DecideAct where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DecideAct's related companies.
Open | High | Low | Close | Volume | |
2.88 | 2.88 | 2.62 | 2.88 | 535.00 | |
02/07/2024 | 2.64 | 2.88 | 2.44 | 2.50 | 43,520 |
2.68 | 3.70 | 2.68 | 3.70 | 194,197 |
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DecideAct Trading Date Momentum on February 7, 2024
On February 08 2024 DecideAct AS was traded for 3.70 at the closing time. The maximum traded price for the trading interval was 3.70 and the lowest daily price was 2.68 . The daily volume was recorded at 194.2 K. The volume of trading on 8th of February 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 48.00% . The overall trading delta to the closing price today is 64.80% . |
DecideAct AS Fundamentals Correlations and Trends
By evaluating DecideAct'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 DecideAct's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DecideAct financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DecideAct Stock history
DecideAct 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 DecideAct is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DecideAct AS 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 DecideAct stock prices may prove useful in developing a viable investing in DecideAct
DecideAct AS develops cloud-based strategy execution management and governance platform for organizations. DecideAct AS was founded in 2014 and is headquartered in Nex, Denmark. DecideAct is traded on Copenhagen Stock Exchange in Denmark.
DecideAct Stock Technical Analysis
DecideAct 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
DecideAct Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
DecideAct AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
DecideAct December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how DecideAct stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DecideAct shares will generate the highest return on investment. By undertsting and applying DecideAct stock market strength indicators, traders can identify DecideAct AS entry and exit signals to maximize returns
DecideAct Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DecideAct's price direction in advance. Along with the technical and fundamental analysis of DecideAct Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DecideAct 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 | (0.20) | |||
Total Risk Alpha | (1.23) | |||
Treynor Ratio | 1.04 |
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Other Information on Investing in DecideAct Stock
DecideAct financial ratios help investors to determine whether DecideAct Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DecideAct with respect to the benefits of owning DecideAct security.