DXP Enterprises Risk Analysis

DXP Enterprises Inc -- USA Stock  

USD 30.51  0.45  1.45%

Macroaxis considers DXP Enterprises to be not too volatile. DXP Enterprises Inc secures Sharpe Ratio (or Efficiency) of -0.351 which denotes DXP Enterprises Inc had -0.351% of return per unit of risk over the last 1 month. Macroaxis philosophy in predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DXP Enterprises Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DXP Enterprises Inc Mean Deviation of 1.22 to check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

DXP Enterprises Market Sensitivity

As returns on market increase, DXP Enterprises returns are expected to increase less than the market. However during bear market, the loss on holding DXP Enterprises will be expected to be smaller as well.
One Month Beta |Analyze DXP Enterprises Inc Demand Trend
Check current 30 days DXP Enterprises correlation with market (DOW)
β = 0.6864
DXP Enterprises Small BetaDXP Enterprises Inc Beta Legend

DXP Enterprises Inc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. DXP Enterprises Inc Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, DXP Enterprises has beta of 0.6864 suggesting as returns on market go up, DXP Enterprises average returns are expected to increase less than the benchmark. However during bear market, the loss on holding DXP Enterprises Inc will be expected to be much smaller as well. Additionally, DXP Enterprises Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of DXP Enterprises is -284.88. The daily returns are destributed with a variance of 2.52 and standard deviation of 1.59. The mean deviation of DXP Enterprises Inc is currently at 1.19. For similar time horizon, the selected benchmark (DOW) has volatility of 1.71
α
Alpha over DOW
=0.36
β
Beta against DOW=0.69
σ
Overall volatility
=1.59
Ir
Information ratio =0.19

Actual Return Volatility

DXP Enterprises Inc inherits 1.5884% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.7402% 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

Follows market closely

Total Debt

DXP Enterprises Inc Total Debt History

Total Debt

Largest Trends

DXP Enterprises Largest Period Trend

Investment Outlook

DXP Enterprises Investment Opportunity
DOW has a standard deviation of returns of 1.74 and is 1.09 times more volatile than DXP Enterprises Inc. 14% 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 14 (%) of all global equities and portfolios over the last 30 days. Use DXP Enterprises Inc to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of DXP Enterprises to be traded at $29.59 in 30 days. As returns on market increase, DXP Enterprises returns are expected to increase less than the market. However during bear market, the loss on holding DXP Enterprises will be expected to be smaller as well.

DXP Enterprises correlation with market

Poor 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.