DXP Enterprises Risk Analysis

DXP Enterprises Inc -- USA Stock  

USD 31.8  0.1  0.31%

Macroaxis considers DXP Enterprises not too volatile given 1 month investment horizon. DXP Enterprises Inc secures Sharpe Ratio (or Efficiency) of 0.2242 which denotes DXP Enterprises Inc had 0.2242% 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 0.7255, Mean Deviation of 1.01 and Downside Deviation of 1.04 to check if our risk estimates are consistent with your expectations.
Investment Horizon     30 Days    Login   to change

DXP Enterprises Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DXP Enterprises will likely underperform.
One Month Beta |Analyze DXP Enterprises Inc Demand Trend
Check current 30 days DXP Enterprises correlation with market (DOW)
β = 1.5063
DXP Enterprises Large BetaDXP Enterprises Inc Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.5063 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, DXP Enterprises will likely underperform. Moreover, DXP Enterprises Inc has an alpha of 0.1285 implying that it can potentially generate 0.1285% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DXP Enterprises is 446.0. The daily returns are destributed with a variance of 1.92 and standard deviation of 1.39. The mean deviation of DXP Enterprises Inc is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23
α
Alpha over DOW
= 0.13 
βBeta against DOW= 1.51 
σ
Overall volatility
= 1.39 
 IrInformation ratio = 0.13 

Actual Return Volatility

DXP Enterprises Inc inherits 1.387% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2252% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

DXP Enterprises Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Totally responsive to market

Total Debt

DXP Enterprises Inc Total Debt History

Total Debt

Largest Trends

DXP Enterprises Largest Period Trend
 30.89 
  
 31.16 
0.27  0.87%
Lowest period price (30 days)
 32.43 
  
 32.44 
0.01  0.030836%
Highest period price (30 days)

Investment Outlook

DXP Enterprises Investment Opportunity
DXP Enterprises Inc has a volatility of 1.39 and is 6.04 times more volatile than DOW. 13% of all equities and portfolios are less risky than DXP Enterprises. Compared to the overall equity markets, volatility of historical daily returns of DXP Enterprises Inc is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use DXP Enterprises Inc to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of DXP Enterprises to be traded at $31.48 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DXP Enterprises will likely underperform.

DXP Enterprises correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding DXP Enterprises Inc and equity matching DJI index in the same portfolio.