Destination Xl Group Stock Alpha and Beta Analysis
| DXLG Stock | USD 3.16 0.05 1.56% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Destination XL Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Destination over a specified time horizon. Remember, high Destination's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Destination's market risk premium analysis include:
Beta 1.16 | Alpha (0.42) | Risk 2.33 | Sharpe Ratio (0.19) | Expected Return (0.43) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Destination |
Destination Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Destination market risk premium is the additional return an investor will receive from holding Destination long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Destination. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Destination's performance over market.| α | -0.42 | β | 1.16 |
Destination expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Destination's Buy-and-hold return. Our buy-and-hold chart shows how Destination performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Destination Market Price Analysis
Market price analysis indicators help investors to evaluate how Destination stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Destination shares will generate the highest return on investment. By understating and applying Destination stock market price indicators, traders can identify Destination position entry and exit signals to maximize returns.
Destination Return and Market Media
The median price of Destination for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 3.82 with a coefficient of variation of 8.73. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 3.78, and mean deviation of 0.28. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 20000 shares by Robert Molloy of Destination at 0.53 subject to Rule 16b-3 | 02/15/2024 |
2 | Destination XL Group Might Have The Makings Of A Multi-Bagger | 03/12/2024 |
3 | DXL Signs Barrett Hofherr Mediassociates as Agencies of Record to Launch Brand Campaign | 03/19/2024 |
4 | Destination XL Group Inc Reports Mixed Fiscal 2023 Results Amid Retail Challenges | 03/21/2024 |
5 | Destination XL Group stock target cut to 3.50, hold rating kept amid Q4 release | 03/22/2024 |
6 | Acquisition by Robert Bogan of 19718 shares of Destination subject to Rule 16b-3 | 04/01/2024 |
7 | Acquisition by Peter Stratton of 25795 shares of Destination subject to Rule 16b-3 | 04/03/2024 |
8 | Is Destination XL Group, Inc.s Latest Stock Performance A Reflection Of Its Financial Health - Yahoo Lifestyle UK | 04/08/2024 |
9 | Disposition of 4560 shares by Peter Stratton of Destination subject to Rule 16b-3 | 04/10/2024 |
10 | SG Americas Securities LLC Has 137000 Stake in Destination XL Group, Inc. - Defense World | 04/17/2024 |
About Destination Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Destination or other stocks. Alpha measures the amount that position in Destination XL Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2011 | 2024 (projected) | Dividend Yield | 0.038 | 0.0459 | Price To Sales Ratio | 0.67 | 0.6 |
Destination Upcoming Company Events
As portrayed in its financial statements, the presentation of Destination's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Destination's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Destination's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Destination. Please utilize our Beneish M Score to check the likelihood of Destination's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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Check out Destination Backtesting, Destination Valuation, Destination Correlation, Destination Hype Analysis, Destination Volatility, Destination History and analyze Destination Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Destination Stock analysis
When running Destination's price analysis, check to measure Destination's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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Destination technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.