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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Digirad Corporation -- USA Stock  

USD 2.3  0.05  2.13%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Digirad Corporation is 'Strong Sell'.
For the selected time horizon Digirad Corporation has a mean deviation of 3.23, semi deviation of 0.0, standard deviation of 4.95, variance of 24.53, downside variance of 0.0 and semi variance of 0.0
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 Return-1.5Value At Risk-7.6923
Potential Upside3.0303Standard Deviation4.953
 Return Density 
      Distribution 

Digirad Greeks

α
Alpha over DOW
=0.51
βBeta against DOW=5.46
σ
Overall volatility
=4.98
 IrInformation ratio =0.34

Digirad Volatility Alert

Digirad Corporation exhibits very low volatility with skewness of -2.29 and kurtosis of 7.17. However, we advise investors to further study Digirad Corporation technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Digirad to competition
FundamentalsDigiradPeer Average
Return On Equity(5.01) % (15.17) %
Return On Asset0.8 % (15.64) %
Profit Margin(2.6) % (5.5) %
Operating Margin1.1 % (10.91) %
Current Valuation63.99 M152.14 B
Shares Outstanding19.98 M1.43 B
Shares Owned by Insiders5.11 % 6.91 %
Shares Owned by Institutions53.85 % 18.37 %
Number of Shares Shorted89.45 K3.24 M
Price to Earning(14.47) times40.69 times
Price to Book0.76 times14.44 times
Price to Sales0.38 times17.81 times
Revenue121.09 M9.85 B
Gross Profit35.77 M21.75 B
EBITDA11.54 M1.41 B
Net Income(3.15 M)517.71 M
Cash and Equivalents1.97 M3.89 B
Cash per Share0.1 times5.17 times
Total Debt20.01 M7.36 B
Debt to Equity33 % 0.72 %
Current Ratio1.31 times3.3 times
Book Value Per Share3.03 times13.64 times
Cash Flow from Operations10.53 M1.25 B
Short Ratio2.27 times2.09 times
Earnings Per Share(0.16) times2.3 times
Price to Earnings To Growth(0.76) times1.22 times
Number of Employees32310.67 K
Beta2.220.34
Market Capitalization45.95 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
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
   Exercise or conversion by Martin Shirley of 4155 shares of Digirad subject to Rule 16b-3 [view details]
Risk Adjusted Performance(0.072611)
Market Risk Adjusted Performance0.2864
Mean Deviation3.23
Coefficient Of Variation(330.4)
Standard Deviation4.95
Variance24.53
Information Ratio(0.34)
Jensen Alpha(0.51)
Total Risk Alpha(4.86)
Treynor Ratio0.2764
Maximum Drawdown23.73
Value At Risk(7.69)
Potential Upside3.03
Skewness(2.29)
Kurtosis7.17

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 23.11 Billion. Digirad adds roughly 63.99 Million in current valuation claiming only tiny portion of all equities under Medical Equipment industry.