Digirad Price Prediction

Digirad Corporation -- USA Stock  

USD 2.35  0.30  14.63%

Macroaxis is not in business of monitoring Digirad headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Digirad Corporation brand which may create opportunities for some arbitrage if properly timed. With Digirad hype-based prediction module you can estimate the value of Digirad Corporation from the prospective of Digirad response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Digirad over a specific investment horizon. Additionally see Digirad Basic Forecasting Models to cross-verify your projections.
 Time Horizon     30 Days    Login   to change

Digirad Estimiated After-Hype Price Volatility

 Next price density 
Expected price to next headline
February 24, 2018
Current Value
Downside upside
After-hype Price
Target Price Odds
 Above  Below  
Upside upside
Digirad is extremely risky asset. Analysis and calculation of next after-hype price of Digirad is based on 1 month time horizon.

Digirad Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.88% 3.49% 0.09%  0.31% 1 Events / Month0 Events / MonthVery soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Digirad Hype Timeline

Digirad Corporation is currently traded for2.35. This company has historical hype elasticity of -0.09 and average elasticity to hype of competition of -0.31. Digirad Corporation is projected to decline in value after the next headline with price expected to drop to 2.26. The average volatility of media hype impact on the company stock price is about 3490.0%. The price decrease on the next news is expected to be -3.83% where as daily expected return is currently at -0.88%. The volatility of related hype on Digirad is about 992.42% with expected price after next announcement by competition of 2.04. About 57.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.91. Some equities with similar Price to Book (P/B) outperform the market in the long run. Digirad Corporation recorded loss per share of 0.6. This company last dividend was issued on 2018-02-14. Given the investment horizon of 30 days, the next projected press release will be very soon.
Additionally see Digirad Basic Forecasting Models to cross-verify your projections.

Digirad Related Hype Analysis

Short fall
At Risk
Edwards Lifesciences Corporation(1.93) 2 per month 1.65  0.28 (1.51)  3.43 (3.89)  8.38 
EndoChoice Holdings Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00  0.00 
Vascular Solutions Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00  0.00 
Vaso Corporation 0.00 0 per month 0.00 (0.0537)  0.00  0.00 (14.29)  16.67 
Digirad Corporation(0.10) 1 per month 0.00 (0.20)  0.00  2.27 (4.26)  8.80 
DarioHealth Corp(0.08) 1 per month 0.00 (0.14)  0.00  3.23 (4.15)  8.56