DarioHealth Corp Probability of Target Price Finishing Above 1.81

DarioHealth Corp -- USA Stock  

USD 1.48  0.0893  6.42%

DarioHealth Corp probability of target price tool provides mechanism to make assumptions about upside and downside potential of DarioHealth Corp performance during a given time horizon utilizing its historical volatility. Please specify DarioHealth Corp time horizon, a valid symbol (red box) and a target price (blue box) you would like DarioHealth Corp odds to be computed. Additionally see DarioHealth Corp Backtesting, DarioHealth Corp Valuation, DarioHealth Corp Correlation, DarioHealth Corp Hype Analysis, DarioHealth Corp Volatility, DarioHealth Corp History as well as DarioHealth Corp Performance
 Time Horizon     30 Days    Login   to change
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DarioHealth Corp Target Price Odds to finish below 1.81

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 1.48 30 days 1.81  near 1% close to 100%
Based on normal probability distribution, the odds of DarioHealth Corp to stay under $ 1.81  after 30 days from now is close to 100%. Probability of DarioHealth Corp price to stay between its current price of $ 1.48  and $ 1.81  at the end of the 30-day period is about 37.09%.
Given the investment horizon of 30 days, DarioHealth Corp has beta of -0.4329 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
> 99%
Odds to stay under $ 1.81  after 30 days
 DarioHealth Corp Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=0.43
Overall volatility
Information ratio =0.009256