Destination OTC Stock Performance

DXLG -  USA Stock  

USD 5.08  0.07  1.40%

Destination holds a performance score of 24 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.969, which means a somewhat significant risk relative to the market. Let's try to break down what Destination's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Destination will likely underperform. Although it is essential to pay attention to Destination XL Group historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy towards predicting future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Destination XL Group expected return of 2.06 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Destination variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to analyze future returns on Destination.

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 Destination Performance
24 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Destination XL Group are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak essential indicators, Destination exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Destination Price Channel

Quick Ratio0.08
Fifty Two Week Low0.1900
Fifty Two Week High4.9300

Destination Relative Risk vs. Return Landscape

If you would invest  157.00  in Destination XL Group on May 5, 2021 and sell it today you would earn a total of  351.00  from holding Destination XL Group or generate 223.57% return on investment over 90 days. Destination XL Group is currently generating 2.0581% in daily expected returns and assumes 6.2428% risk (volatility on return distribution) over the 90 days horizon. In different words, 53% of otc stocks are less volatile than Destination, and 63% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Destination is expected to generate 8.36 times more return on investment than the market. However, the company is 8.36 times more volatile than its market benchmark. It trades about 0.33 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of risk.

Destination Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Destination's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Destination XL Group, and traders can use it to determine the average amount a Destination's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.3297

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Estimated Market Risk
 6.24
  actual daily
 
 53 %
of total potential
 
5353
Expected Return
 2.06
  actual daily
 
 37 %
of total potential
 
3737
Risk-Adjusted Return
 0.33
  actual daily
 
 24 %
of total potential
 
2424
Based on monthly moving average Destination is performing at about 24% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Destination by adding it to a well-diversified portfolio.

About Destination Performance

To evaluate Destination XL Group OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Destination generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Destination OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Destination XL Group stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Destination's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Return on Investment(6.36) (6.53) 
Return on Average Assets(0.19) (0.12) 
Return on Average Equity(11.80) (6.28) 
Return on Invested Capital(0.14) (0.1) 
Return on Sales(0.19) (0.11) 
Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on OTC Exchange. It employs 1316 people.

Things to note about Destination XL Group

Checking the ongoing alerts about Destination for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Destination XL Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Destination Alerts

Equity Alerts and Improvement Suggestions

Destination XL Group is way too risky over 90 days horizon
Destination XL Group appears to be risky and price may revert if volatility continues
The company currently holds 218.3 M in liabilities. Destination XL Group has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 373.21 M. Net Loss for the year was (14.12 M) with profit before overhead, payroll, taxes, and interest of 104.36 M.
Destination XL Group has a strong financial position based on the latest SEC filings
About 14.0% of the company shares are held by company insiders
Latest headline from fashionunited.uk: Skechers Q2 sales increase 127.3 percent - FashionUnited UK
Continue to Investing Opportunities. Note that the Destination XL Group information on this page should be used as a complementary analysis to other Destination's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Destination XL Group 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 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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The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Destination's market value can be influenced by many factors that don't directly affect Destination XL Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine Destination value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.