We consider DarioHealth Corp unusually risky. DarioHealth Corp secures Sharpe Ratio (or Efficiency) of 0.0071 which denotes DarioHealth Corp had 0.0071% 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. We have found twenty-one technical indicators for DarioHealth Corp which you can use to evaluate future volatility of the firm. Please confirm DarioHealth Corp Coefficient Of Variation of 14034.76, Mean Deviation of 2.83 and Downside Deviation of 3.45 to check if risk estimate we provide are consistent with the epected return of 0.0242%.
|Time Horizon||30 Days Login to change|
DarioHealth Corp Market Sensitivity
|As returns on market increase, returns on owning DarioHealth Corp are expected to decrease at a much smaller rate. During bear market, DarioHealth Corp is likely to outperform the market.One Month Beta |Analyze DarioHealth Corp Demand TrendCheck current 30 days DarioHealth Corp correlation with market (DOW)|
β = -0.7297
DarioHealth Corp Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, DarioHealth Corp has beta of -0.7297 suggesting as returns on benchmark increase, returns on holding DarioHealth Corp are expected to decrease at a much smaller rate. During bear market, however, DarioHealth Corp is likely to outperform the market. Additionally, DarioHealth Corp has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of DarioHealth Corp is 14035.09. The daily returns are destributed with a variance of 11.56 and standard deviation of 3.4. The mean deviation of DarioHealth Corp is currently at 2.83. For similar time horizon, the selected benchmark (DOW) has volatility of 1.04