Digirad Performance

Digirad Corporation -- USA Stock  

USD 1.70  0.05  2.86%

Macroaxis gives Digirad performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7724 which denotes to the fact that as returns on market increase, Digirad returns are expected to increase less than the market. However during bear market, the loss on holding Digirad will be expected to be smaller as well.. Even though it is essential to pay attention to Digirad historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Digirad Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Digirad has expected return of -1.2191%. Please be advised to confirm Digirad Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Digirad past performance will be repeated at some point in the near future.
 Time Horizon     30 Days    Login   to change

Digirad Relative Risk vs. Return Landscape

If you would invest  230.00  in Digirad Corporation on February 20, 2018 and sell it today you would lose (60.00)  from holding Digirad Corporation or give up 26.09% of portfolio value over 30 days. Digirad Corporation is currenly does not generate positive expected returns and assumes 4.1751% risk (volatility on return distribution) over the 30 days horizon. In different words, 38% of equities are less volatile than Digirad Corporation and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Digirad Corporation is expected to under-perform the market. In addition to that, the company is 4.44 times more volatile than its market benchmark. It trades about -0.29 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of volatility.

Operating Margin

Digirad Operating Margin
Based on recorded statements Digirad Corporation has Operating Margin of -1.01%. This is 96.93% lower than that of the Healthcare sector, and significantly lower than that of Medical Equipment industry, The Operating Margin for all stocks is 90.74% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

Digirad Daily Price Distribution

The median price of Digirad for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 2.05 with a coefficient of variation of 8.46. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 2.0, and mean deviation of 0.12. The Stock received some media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days Digirad Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Digirad Sharpe Ratio = -0.292
Good Returns
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Estimated Market Risk

  actual daily
 62 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average Digirad is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digirad by adding it to a well-diversified portfolio.


Digirad Dividends Analysis
Check Digirad dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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