DarioHealth Corp Risk Analysis

DarioHealth Corp -- USA Stock  

USD 2.18  0.11  5.31%

Macroaxis considers DarioHealth Corp extremely risky given 1 month investment horizon. DarioHealth Corp secures Sharpe Ratio (or Efficiency) of 0.167 which denotes DarioHealth Corp had 0.167% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By reviewing DarioHealth Corp technical indicators you can presently evaluate if the expected return of 0.9301% is justified by implied risk. Please utilize DarioHealth Corp Coefficient Of Variation of 598.77, Mean Deviation of 3.37 and Downside Deviation of 3.92 to check if our risk estimates are consistent with your expectations.
Investment Horizon     30 Days    Login   to change

DarioHealth Corp Market Sensitivity

As returns on market increase, returns on owning DarioHealth Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, DarioHealth Corp is expected to significantly outperform it.
One Month Beta |Analyze DarioHealth Corp Demand Trend
Check current 30 days DarioHealth Corp correlation with market (DOW)
β = -5.2052
DarioHealth Corp Large Negative BetaDarioHealth Corp Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, DarioHealth Corp has beta of -5.2052 suggesting as returns on its benchmark rise, returns on holding DarioHealth Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, DarioHealth Corp is expected to outperform its benchmark. In addition to that, DarioHealth Corp has an alpha of 1.6496 implying that it can potentially generate 1.6496% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DarioHealth Corp is 598.76. The daily returns are destributed with a variance of 31.02 and standard deviation of 5.57. The mean deviation of DarioHealth Corp is currently at 3.37. For similar time horizon, the selected benchmark (DOW) has volatility of 0.26
α
Alpha over DOW
= 1.65 
βBeta against DOW=(5.21) 
σ
Overall volatility
= 5.57 
 IrInformation ratio = 0.14 

Actual Return Volatility

DarioHealth Corp inherits 5.5692% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2475% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DarioHealth Corp Volatility Factors

30 Days Market Risk

Extremely risky

Chance of Distress in 24 months

High

30 Days Economic Sensitivity

Completely opposite to market

Total Liabilities

DarioHealth Corp Total Liabilities History

Total Liabilities

Largest Trends

DarioHealth Corp Largest Period Trend

Investment Outlook

DarioHealth Corp Investment Opportunity
DarioHealth Corp has a volatility of 5.57 and is 22.28 times more volatile than DOW. 52% of all equities and portfolios are less risky than DarioHealth Corp. Compared to the overall equity markets, volatility of historical daily returns of DarioHealth Corp is higher than 52 (%) of all global equities and portfolios over the last 30 days. Use DarioHealth Corp to enhance returns of your portfolios. The stock experiences very speculative upward sentiment.. Check odds of DarioHealth Corp to be traded at $2.73 in 30 days. As returns on market increase, returns on owning DarioHealth Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, DarioHealth Corp is expected to significantly outperform it.

DarioHealth Corp correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding DarioHealth Corp and equity matching DJI index in the same portfolio.