Digirad Price Prediction and Hype Density Breakdown

DRAD -- USA Stock  

USD 1.67  0.02  1.21%

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 After-Hype Price Density Analysis

 Next price density 
 
Expected price to next headline

Digirad Estimiated After-Hype Price Volatility

June 21, 2018
1.67
Current Value
1.67
After-hype Price
Target Odds
  
12.47
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
 0.16% 3.60% 0.00%  0.11% 4 Events / Month3 Events / MonthIn about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.671.670.00%
0.00% 

Digirad Hype Timeline

Digirad Corporation is currently traded for1.67. This company stock is not elastic to its hype. The average elasticity to hype of competition is 0.11. Digirad Corporation is projected not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 0.0%. The immediate return on the next news is projected to be very small where as daily expected return is currently at -0.16%. The volatility of relative hype elasticity to Digirad is about 507.75%%. The volatility of related hype on Digirad is about 507.75% with expected price after next announcement by competition of 1.78. About 56.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Digirad Corporation recorded loss per share of 1.48. This company last dividend was issued on 2018-05-14. Given the investment horizon of 30 days, the next projected press release will be in about 4 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(0.36) 5 per month 0.00  0.46  2.42 (1.07)  3.99 
EndoChoice Holdings 8.00 2 per month 0.00  0.00  0.00  0.00  0.00 
Vascular Solutions 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Vaso Corporation 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Digirad Corporation 0.00 4 per month 3.57  0.0177  4.55 (5.71)  13.57 
DarioHealth Corp(0.0099) 5 per month 0.00 (0.25)  2.50 (4.17)  13.64 
Derma Sciences 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
HCi VioCare 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Viveve Medical(0.23) 5 per month 4.84  0.38  16.41 (6.98)  31.10 
DexCom(0.31) 4 per month 1.25  0.35  3.97 (0.97)  9.77 

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Additionally see Digirad Basic Forecasting Models to cross-verify your projections. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.