DarioHealth Corp Probability of Target Price Finishing Above 1.81

DarioHealth Corp -- USA Stock  

USD 1.46  0.04  2.67%

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
Investment 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
 1.46 30 days 1.81  about 1.49% about 98.0%
Based on normal probability distribution, the odds of DarioHealth Corp to stay under $ 1.81  after 30 days from now is about 98.0%. Probability of DarioHealth Corp price to stay between its current price of $ 1.46  and $ 1.81  at the end of the 30-day period is about 78.01%.
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
98.0%
Odds to stay under $ 1.81  after 30 days
 DarioHealth Corp Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.73
βBeta against DOW=0.47
σ
Overall volatility
=0.12
 IrInformation ratio =0.32