Digirad Buy or Sell Recommendation

Macroaxis provides Digirad Corporation buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Digirad positions. The advice algorithm takes into account all of Digirad Corporation available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Digirad buy-and-hold prospective. Additionally see Digirad Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Digirad Corporation -- USA Stock  

USD 2.68  0.08  3.08%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Digirad Corporation is 'Cautious Hold'.
For the selected time horizon Digirad Corporation has a mean deviation of 2.39, semi deviation of 1.37, standard deviation of 4.37, variance of 19.05, downside variance of 6.25 and semi variance of 1.88
We provide buy or sell advice to complement the prevailing expert consensus on Digirad. Our dynamic recommendation engine makes use of multi - dimensional algorithm to analyze the company potential to grow using all technical and fundamental data available at the time. To make sure Digirad is not overpriced, please confirm all Digirad fundamentals including its Shares Outstanding, Price to Sales, Cash per Share, as well as the relationship between Number of Shares Shorted and EBITDA . Please also check Digirad Corporation Price to Earning to verify your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Returns Distribution Density

Mean Return0.74Value At Risk2.83
Potential Upside6.98Standard Deviation4.37
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Cannell Capital Llc 0Common Shares1.3 M4.4 M
Punch Associates Investment Management IncCommon Shares1.3 M4.4 M
Dimensional Fund Advisors LpCommon Shares1.1 M3.7 M
Vanguard Group IncCommon Shares993.5 K3.4 M
Heartland Advisors IncCommon Shares882.5 K3 M
Renaissance Technologies LlcCommon Shares842.9 K2.9 M
Ars Investment Partners LlcCommon Shares682.8 K2.4 M

Digirad Greeks

α
Alpha over DOW
=0.75
β
Beta against DOW=0.09
σ
Overall volatility
=4.47
Ir
Information ratio =0.12

Digirad Volatility Alert

Digirad Corporation currently demonstrates below average downside deviation of 2.5. It has Information Ratio of 0.12 and Jensen Alpha of 0.75. However, we do advice investors to further question Digirad Corporation expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
    
 Better Than Average     
    
 Worse Than Average Compare Digirad to competition
FundamentalsDigiradPeer Average
Return On Equity(20.35) % (15.17) %
Return On Asset0.46 % (15.64) %
Profit Margin(9.93) % (5.5) %
Operating Margin0.6 % (10.91) %
Current Valuation70.46 M152.14 B
Shares Outstanding20.05 M1.43 B
Shares Owned by Insiders5.16 % 6.91 %
Shares Owned by Institutions53.93 % 18.37 %
Number of Shares Shorted109.71 K3.24 M
Price to Earning(12.26) times40.69 times
Price to Book1.05 times14.44 times
Price to Sales0.45 times17.81 times
Revenue118.56 M9.85 B
Gross Profit35.77 M21.75 B
EBITDA10.92 M1.41 B
Net Income(11.77 M)517.71 M
Cash and Equivalents1.18 M3.89 B
Cash per Share0.06 times5.17 times
Total Debt18.5 M7.36 B
Debt to Equity36.3 % 0.72 %
Current Ratio1.44 times3.3 times
Book Value Per Share2.54 times13.64 times
Cash Flow from Operations8.12 M1.25 B
Short Ratio0.8 times2.09 times
Earnings Per Share(0.6) times2.3 times
Price to Earnings To Growth(0.26) times1.22 times
Number of Employees32310.67 K
Beta2.250.34
Market Capitalization53.64 M29.78 B
Total Asset64.11 M126.86 B
Retained Earnings(93.74 M)38.24 B
Working Capital23.04 M3.58 B
Current Asset31.75 M36.8 B
SellBuy
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
   Purchase by Jeffrey Eberwein of 2350 shares of Digirad [view details]
Risk Adjusted Performance0.0843
Market Risk Adjusted Performance(8.6)
Mean Deviation2.39
Semi Deviation1.37
Downside Deviation2.5
Coefficient Of Variation587.48
Standard Deviation4.37
Variance19.05
Information Ratio0.1175
Jensen Alpha0.7517
Total Risk Alpha(1.44)
Sortino Ratio0.2052
Treynor Ratio(8.61)
Maximum Drawdown20.61
Value At Risk(2.83)
Potential Upside6.98
Downside Variance6.25
Semi Variance1.88
Expected Short fall(4.49)
Skewness3.13
Kurtosis11.62

Current Valuation

Digirad Current Valuation Analysis
Digirad Corporation is rated # 2 in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Medical Equipment industry is currently estimated at about 25.28 Billion. Digirad adds roughly 70.46 Million in current valuation claiming only tiny portion of all equities under Medical Equipment industry.