DXP Enterprises Backtesting

DXP Enterprises Inc -- USA Stock  

USD 27.59  0.54  1.92%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of DXP Enterprises Inc and determine expected loss or profit from investing in DXP Enterprises over given investment horizon. Additionally see DXP Enterprises Hype Analysis, DXP Enterprises Correlation, DXP Enterprises Valuation, DXP Enterprises Volatility as well as analyze DXP Enterprises Alpha and Beta and DXP Enterprises Performance
Investment Horizon     30 Days    Login   to change
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DXP Enterprises 'What if' Analysis

November 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 17, 2017
0.00
If you would invest  0.00  in DXP Enterprises on November 17, 2017 and sell it all today you would earn a total of 0.00 from holding DXP Enterprises Inc or generate 0.0% return on investment in DXP Enterprises over 30 days. DXP Enterprises is related to or competes with Adams Resources, Reliance Steel, VOXX International, and Veritiv. It operates through three segments Service Centers Supply Chain Services and Innovative Pumping Solutions

DXP Enterprises Upside/Downside Indicators

  

DXP Enterprises Market Premium Indicators

DXP Enterprises Inc lagged returns against current returns

 Current and Lagged Values 
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DXP Enterprises regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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DXP Enterprises Inc Backtested Returns

Macroaxis considers DXP Enterprises not very risky given 1 month investment horizon. DXP Enterprises Inc secures Sharpe Ratio (or Efficiency) of 0.189 which denotes DXP Enterprises Inc had 0.189% of return per unit of risk over the last 1 month. Our philosophy in predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for DXP Enterprises Inc which you can use to evaluate future volatility of the firm. Please utilize DXP Enterprises Inc Semi Deviation of 1.62, Mean Deviation of 1.95 and Downside Deviation of 2.11 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 DXP Enterprises holds performance score of 12. The firm shows Beta (market volatility) of 1.8749 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DXP Enterprises will likely underperform.. Although it is vital to follow to DXP Enterprises Inc historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating DXP Enterprises Inc technical indicators you can now evaluate if the expected return of 0.4635% will be sustainable into the future. Please utilizes DXP Enterprises Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather DXP Enterprises price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.27 

Poor predictability

DXP Enterprises Inc has poor predictability. Overlapping area represents the amount of predictability between DXP Enterprises time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DXP Enterprises Inc price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current DXP Enterprises price fluctuation can be explain by its past prices.
Correlation Coefficient 0.27
Spearman Rank Test -0.01
Price Variance 0.3
Lagged Price Variance 1.09

DXP Enterprises Lagged Returns

 Regressed Prices 
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DXP Enterprises Performance vs DOW

The median price of DXP Enterprises for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 27.08 with a coefficient of variation of 4.09. The daily time series for the period is distributed with a sample standard deviation of 1.11, arithmetic mean of 27.04, and mean deviation of 0.91. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Stock Volatility Risk Alert DXP Enterprises Inc Stock Volati...12/11/2017