DarioHealth Other Operating Expenses from 2010 to 2024
DRIO Stock | USD 0.84 0.01 1.20% |
Other Operating Expenses | First Reported 2012-03-31 | Previous Quarter 22.3 M | Current Value 19.5 M | Quarterly Volatility 8.4 M |
Check DarioHealth Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DarioHealth Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Interest Expense of 677.2 K or Selling General Administrative of 9.6 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 0.0 or PTB Ratio of 0.71. DarioHealth financial statements analysis is a perfect complement when working with DarioHealth Corp Valuation or Volatility modules.
DarioHealth | Other Operating Expenses |
Latest DarioHealth Corp's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of DarioHealth Corp over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DarioHealth Corp. It is also known as DarioHealth Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. DarioHealth Corp's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DarioHealth Corp's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses | 10 Years Trend |
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Other Operating Expenses |
Timeline |
DarioHealth Other Operating Expenses Regression Statistics
Arithmetic Mean | 33,623,845 | |
Geometric Mean | 19,659,688 | |
Coefficient Of Variation | 99.18 | |
Mean Deviation | 27,698,910 | |
Median | 19,589,000 | |
Standard Deviation | 33,347,565 | |
Sample Variance | 1112.1T | |
Range | 93M | |
R-Value | 0.88 | |
Mean Square Error | 276.6T | |
R-Squared | 0.77 | |
Significance | 0.000018 | |
Slope | 6,539,291 | |
Total Sum of Squares | 15568.8T |
DarioHealth Other Operating Expenses History
About DarioHealth Corp Financial Statements
DarioHealth Corp investors utilize fundamental indicators, such as Other Operating Expenses, to predict how DarioHealth Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Other Operating Expenses | 76.5 M | 80.4 M |
Pair Trading with DarioHealth Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DarioHealth Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DarioHealth Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with DarioHealth Stock
Moving against DarioHealth Stock
The ability to find closely correlated positions to DarioHealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DarioHealth Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DarioHealth Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DarioHealth Corp to buy it.
The correlation of DarioHealth Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DarioHealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DarioHealth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DarioHealth Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of DarioHealth Corp Correlation against competitors. To learn how to invest in DarioHealth Stock, please use our How to Invest in DarioHealth Corp guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DarioHealth Corp. If investors know DarioHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DarioHealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.93) | Revenue Per Share 0.631 | Quarterly Revenue Growth 1.11 | Return On Assets (0.35) | Return On Equity (0.75) |
The market value of DarioHealth Corp is measured differently than its book value, which is the value of DarioHealth that is recorded on the company's balance sheet. Investors also form their own opinion of DarioHealth Corp's value that differs from its market value or its book value, called intrinsic value, which is DarioHealth Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DarioHealth Corp's market value can be influenced by many factors that don't directly affect DarioHealth Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DarioHealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if DarioHealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DarioHealth Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.