Digirad Corporation has a volatility of 2.26 and is 4.43 times more volatile than DOW. 20%
of all equities and portfolios are less risky than Digirad. Compared to the overall equity markets, volatility of historical daily returns of Digirad Corporation is lower than 20 (%)
of all global equities and portfolios over the last 30 days. Use Digirad Corporation to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Digirad to be traded at $1.552 in 30 days
. As returns on market increase, returns on owning Digirad are expected to decrease at a much smaller rate. During bear market, Digirad is likely to outperform the market.
Digirad correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Digirad Corp. and equity matching DJI index in the same portfolio.