Digirad Price Prediction and Hype Density Breakdown

DRAD -- USA Stock  

USD 1.50  0.025  1.69%

We analyze noise-free headlines and recent hype associated with Digirad Corporation 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.
Horizon     30 Days    Login   to change

Digirad After-Hype Price Density Analysis

 Next price density 
 
Expected price to next headline

Digirad Estimiated After-Hype Price Volatility

September 20, 2018
1.50
Current Value
1.47
After-hype Price
Target Odds
  
11.85
Upside
Digirad is extremely risky asset. Analysis and calculation of next after-hype price of Digirad is based on 1 month time horizon.

Digirad Next Price Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.61% 3.46% 0.03%  0.05% 3 Events / Month3 Events / MonthIn about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.501.472.00%
6,920% 

Digirad Hype Timeline

Digirad Corporation is currently traded for1.50. This company has historical hype elasticity of -0.03 and average elasticity to hype of competition of 0.05. Digirad Corporation is projected to decline in value after the next headline with price expected to drop to 1.47. The average volatility of media hype impact on the company stock price is about 6920.0%. The price decrease on the next news is expected to be -2.0% where as daily expected return is currently at -0.61%. The volatility of related hype on Digirad is about 4553.23% with expected price after next announcement by competition of 1.55. About 55.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Digirad Corporation recorded loss per share of 1.35. This company last dividend was issued on 2018-08-15. Given the investment horizon of 30 days, the next projected press release will be in about 3 days.
Additionally see Digirad Basic Forecasting Models to cross-verify your projections.

Digirad Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Edwards Lifesciences Corporation 0.75 3 per month 0.68  0.17  1.83 (1.28)  3.12 
Digirad Corporation(0.05) 3 per month 0.00 (0.14)  4.41 (3.23)  17.22 
Dynatronics Corporation(0.25) 2 per month 0.00 (0.05)  7.41 (8.62)  19.40 
Encision 0.14 1 per month 0.00 (0.0163)  12.61 (16.68)  38.07 
Echo Therapeutics 0.00 2 per month 19.02  0.0465  49.25 (33.00)  94.29 
EDAP TMS S A 0.0099 2 per month 0.00 (0.30)  2.63 (3.85)  9.48 
Electromed 0.00 3 per month 0.68  0.18  8.26 (1.80)  13.54 
Escalon Medical Corp 0.03 1 per month 12.93  0.12  27.07 (27.60)  74.66 
Establishment Labs Holdings 0.05 2 per month 0.00 (0.16)  2.57 (3.50)  10.51 
Second Sight Medical Products 0.08 2 per month 2.75  0.15  6.36 (5.33)  11.42 

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Additionally see Digirad Basic Forecasting Models to cross-verify your projections. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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