DXP Enterprises Backtesting

DXP Enterprises Inc -- USA Stock  

USD 32.23  0.10  0.31%

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
 Time Horizon     30 Days    Login   to change

DXP Enterprises 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 31 days
March 20, 2018
If you would invest  0.00  in DXP Enterprises on February 18, 2018 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, Ingram Micro, Reliance Steel, VOXX International. DXP Enterprises, Inc. engages in distributing maintenance, repair, and operating products, equipment, and services to en...

DXP Enterprises Upside/Downside Indicators


DXP Enterprises Market Premium Indicators

DXP Enterprises Inc lagged returns against current returns

 Current and Lagged Values 

DXP Enterprises regressed lagged prices vs. current prices

 Current vs Lagged Prices 

DXP Enterprises Inc Backtested Returns

Macroaxis considers DXP Enterprises not too volatile given 1 month investment horizon. DXP Enterprises Inc secures Sharpe Ratio (or Efficiency) of 0.1525 which denotes DXP Enterprises Inc had 0.1525% 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 1.98, Mean Deviation of 1.57 and Downside Deviation of 2.14 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 DXP Enterprises holds performance score of 10. The firm shows Beta (market volatility) of -0.8264 which denotes to the fact that as returns on market increase, returns on owning DXP Enterprises are expected to decrease at a much smaller rate. During bear market, DXP Enterprises is likely to outperform the market.. 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 0.3223% 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(0.07) 

Very weak reverse predictability

DXP Enterprises Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between DXP Enterprises time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 2018. 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 -0.07 indicates that barely 7.0% of current DXP Enterprises price fluctuation can be explain by its past prices. Given that DXP Enterprises Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DXP Enterprises for similar time interval.
Correlation Coefficient -0.07
Spearman Rank Test -0.09
Price Variance 0.59
Lagged Price Variance 0.61

DXP Enterprises Lagged Returns

 Regressed Prices 

DXP Enterprises Performance vs DOW

The median price of DXP Enterprises for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 31.61 with a coefficient of variation of 3.38. The daily time series for the period is distributed with a sample standard deviation of 1.06, arithmetic mean of 31.34, and mean deviation of 0.92. The Stock received some media coverage during the period.
 Price Growth (%)  
DXP Enterprises exotic insider transaction detected02/26/2018
DXP Enterprises, Inc. Analysts See 0.07 EPS03/19/2018