|DXP Enterprises Inc -- USA Stock|| |
USD 27.59 0.54 1.92%
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
to make a quick decision on weather DXP Enterprises price patterns
DXP Enterprises Inc Relative Risk vs. Return Landscape
If you would invest 2,579
in DXP Enterprises Inc on November 17, 2017
and sell it today you would earn a total of 234
from holding DXP Enterprises Inc or generate 9.07%
return on investment over 30
days. DXP Enterprises Inc is currenly generating 0.4635% of daily expected returns and assumes 2.4533% risk (volatility on return distribution) over the 30 days horizon. In different words, 22% of equities are less volatile than DXP Enterprises Inc and 92% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, DXP Enterprises Inc is expected to generate 5.46 times more return on investment than the market. However, the company is 5.46 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.57 per unit of risk.
DXP Enterprises Daily Price Distribution
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.