DarioHealth Corp Probability of Target Price Finishing Above 1.81

DRIO -- USA Stock  

USD 1.39  0.04  2.80%

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 PriceOdds to stay under $ 1.81  after 30 days
 1.39 30 days 1.81  CLOSE TO 99%
Based on normal probability distribution, the odds of DarioHealth Corp to stay under $ 1.81  after 30 days from now is close to 99% (This DarioHealth Corp probability density function shows the probability of DarioHealth Corp Stock to fall within a particular range of prices over 30 days) . Probability of DarioHealth Corp price to stay between its current price of $ 1.39  and $ 1.81  at the end of the 30-day period is about 36.89%.
Given the investment horizon of 30 days, DarioHealth Corp has beta of -2.0827 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. Additionally DarioHealth Corp has an alpha of 0.152 implying that it can potentially generate 0.152% excess return over DOW after adjusting for the inherited market risk (beta).
 DarioHealth Corp Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.15
β
Beta against DOW=2.08
σ
Overall volatility
=0.07
Ir
Information ratio =0.08

DarioHealth Corp Alerts

DarioHealth Corp Alerts and Suggestions
DarioHealth Corp may become a speculative penny stock
DarioHealth Corp has very high historical volatility over the last 30 days
DarioHealth Corp has high likelihood to experience some financial distress in the next 2 years
The company reported previous year revenue of 5.92 M. Net Loss for the year was (13.5 M) with profit before overhead, payroll, taxes, and interest of 1.31 M.
LABSTYLE currently holds about 7.23 M in cash with (10.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Roughly 45.0% of the company shares are held by company insiders
Latest headline from thecasualsmart.com: DarioHealth Corp. Sets 1-Year Low at 1.28
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. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.