DarioHealth Corp Risk Analysis

DarioHealth Corp -- USA Stock  

USD 1.5  0.04  2.74%

Macroaxis considers DarioHealth Corp to be relatively risky. DarioHealth Corp secures Sharpe Ratio (or Efficiency) of -0.2214 which denotes DarioHealth Corp had -0.2214% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DarioHealth Corp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DarioHealth Corp Coefficient Of Variation of (451.66) and Mean Deviation of 2.13 to check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

DarioHealth Corp Market Sensitivity

As returns on market increase, DarioHealth Corp returns are expected to increase less than the market. However during bear market, the loss on holding DarioHealth Corp will be expected to be smaller as well.
One Month Beta |Analyze DarioHealth Corp Demand Trend
Check current 30 days DarioHealth Corp correlation with market (DOW)
β = 0.4658
DarioHealth Corp Small BetaDarioHealth Corp Beta Legend

DarioHealth Corp Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. DarioHealth Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, DarioHealth Corp has beta of 0.4658 suggesting as returns on market go up, DarioHealth Corp average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DarioHealth Corp will be expected to be much smaller as well. 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
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DarioHealth Corp is -451.66. The daily returns are destributed with a variance of 7.46 and standard deviation of 2.73. The mean deviation of DarioHealth Corp is currently at 2.13. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.73
βBeta against DOW=0.47
σ
Overall volatility
=2.73
 IrInformation ratio =0.32

Actual Return Volatility

DarioHealth Corp inherits 2.7313% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4748% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DarioHealth Corp Volatility Factors

30 Days Market Risk

Relatively risky

Chance of Distress in 24 months

Very high

30 Days Economic Sensitivity

Slowly supersedes 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 2.73 and is 5.81 times more volatile than DOW. 25% 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 lower than 25 (%) of all global equities and portfolios over the last 30 days. Use DarioHealth Corp to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of DarioHealth Corp to be traded at $1.8 in 30 days. As returns on market increase, DarioHealth Corp returns are expected to increase less than the market. However during bear market, the loss on holding DarioHealth Corp will be expected to be smaller as well.

DarioHealth Corp correlation with market

Significant 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.

Volatility Indicators

DarioHealth Corp Current Risk Indicators