Datalex (Ireland) Price on February 2, 2023
DLE Stock | EUR 0.35 0.01 2.78% |
If you're considering investing in Datalex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Datalex stands at 0.35, as last reported on the 16th of December 2024, with the highest price reaching 0.36 and the lowest price hitting 0.34 during the day. Datalex secures Sharpe Ratio (or Efficiency) of -0.0551, which denotes the company had a -0.0551% return per unit of risk over the last 3 months. Datalex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Datalex's Standard Deviation of 3.38, mean deviation of 1.89, and Variance of 11.44 to check the risk estimate we provide.
Datalex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Datalex |
Sharpe Ratio = -0.0551
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DLE |
Estimated Market Risk
3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Datalex 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 Datalex by adding Datalex to a well-diversified portfolio.
Datalex Valuation on February 2, 2023
It is possible to determine the worth of Datalex on a given historical date. On February 2, 2023 Datalex was worth 0.58 at the beginning of the trading date compared to the closed value of 0.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Datalex stock. Still, in general, we apply an absolute valuation method to find Datalex'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 Datalex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Datalex's related companies.
Open | High | Low | Close | Volume | |
0.60 | 0.60 | 0.60 | 0.60 | 1.00 | |
02/02/2023 | 0.58 | 0.60 | 0.58 | 0.60 | 1,376 |
0.58 | 0.60 | 0.58 | 0.60 | 125.00 |
Backtest Datalex | | | Datalex History | | | Datalex Valuation | Previous | Next |
Datalex Trading Date Momentum on February 2, 2023
On February 03 2023 Datalex was traded for 0.60 at the closing time. The maximum traded price for the trading interval was 0.60 and the lowest daily price was 0.58 . The daily volume was recorded at 125. The volume of trading on 3rd of February 2023 did not affect price variability. The overall trading delta to the closing price today is 3.33% . |
Datalex Fundamentals Correlations and Trends
By evaluating Datalex'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 Datalex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Datalex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Datalex Stock history
Datalex 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 Datalex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Datalex 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 Datalex stock prices may prove useful in developing a viable investing in Datalex
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.
Datalex Stock Technical Analysis
Datalex 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
Datalex Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Datalex cannot be verified against its exchange. Please verify the symbol is currently traded on Irish 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.
Datalex December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Datalex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Datalex shares will generate the highest return on investment. By undertsting and applying Datalex stock market strength indicators, traders can identify Datalex entry and exit signals to maximize returns
Datalex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Datalex's price direction in advance. Along with the technical and fundamental analysis of Datalex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Datalex 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 | (0.23) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (0.19) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional 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.