Dycom Stock Performance

DY Stock  USD 104.29  3.79  3.77%   
On a scale of 0 to 100, Dycom Industries holds a performance score of 10. The firm shows a Beta (market volatility) of 1.3473, which means a somewhat significant risk relative to the market. Let's try to break down what Dycom'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, Dycom Industries will likely underperform. Although it is vital to follow Dycom Industries historical returns, it is good to be conservative about what you can 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 reviewing Dycom Industries technical indicators, you can presently evaluate if the expected return of 0.37% will be sustainable into the future. Please utilizes Dycom Industries maximum drawdown, and the relationship between the information ratio and expected short fall to make a quick decision on whether Dycom Industries price patterns will revert.

Dycom Performance

10 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Dycom Industries are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Dycom Industries showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Last Split Factor
Last Split Date
Begin Period Cash Flow312.6 M
Total Cashflows From Investing Activities-183.9 M

Dycom Industries Relative Risk vs. Return Landscape

If you would invest  8,421  in Dycom Industries on February 28, 2023 and sell it today you would earn a total of  2,008  from holding Dycom Industries or generate 23.85% return on investment over 90 days. Dycom Industries is generating 0.3684% of daily returns and assumes 2.6768% volatility on return distribution over the 90 days horizon. Put differently, 23% of stocks are less risky than Dycom on the basis of their historical return distribution, and some 93% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Dycom Industries is expected to generate 2.96 times more return on investment than the market. However, the company is 2.96 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.04 per unit of risk.

Dycom Industries Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dycom Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dycom Industries, and traders can use it to determine the average amount a Dycom Industries' 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 = 0.1376

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Estimated Market Risk

  actual daily
77% of assets are more volatile

Expected Return

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93% of assets have higher returns

Risk-Adjusted Return

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90% of assets perform better
Based on monthly moving average Dycom Industries is performing at about 10% 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 Dycom Industries by adding it to a well-diversified portfolio.

Dycom Industries Fundamentals Growth

Dycom Stock prices reflect investors' perceptions of the future prospects and financial health of Dycom Industries, and Dycom Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dycom Stock performance.

About Dycom Industries Performance

To evaluate Dycom Industries 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 Dycom Industries 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 Dycom 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 Dycom Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dycom'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 2023
Return on Investment 12.79  8.40 
Return on Average Assets 0.06  0.08 
Return on Average Equity 0.17  0.22 
Return on Invested Capital 0.10  0.14 
Return on Sales 0.06  0.08 

Things to note about Dycom Industries performance evaluation

Checking the ongoing alerts about Dycom Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dycom Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Dycom Industries is unlikely to experience financial distress in the next 2 years
Dycom Industries has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from zacks.com: What Makes Dycom Industries a New Strong Buy Stock
Evaluating Dycom Industries' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Dycom Industries' stock performance include:
  • Analyzing Dycom Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dycom Industries' stock is overvalued or undervalued compared to its peers.
  • Examining Dycom Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Dycom Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dycom Industries' management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of Dycom Industries' stock. These opinions can provide insight into Dycom Industries' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Dycom Industries' stock performance is not an exact science, and many factors can impact Dycom Industries' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Investing Opportunities to better understand how to build diversified portfolios. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide. You can also try Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Dycom Industries' price analysis, check to measure Dycom Industries' 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 Dycom Industries is operating at the current time. Most of Dycom Industries' value examination focuses on studying past and present price action to predict the probability of Dycom Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dycom Industries' price. Additionally, you may evaluate how the addition of Dycom Industries to your portfolios can decrease your overall portfolio volatility.
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Is Dycom Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dycom Industries. If investors know Dycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dycom Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
The market value of Dycom Industries is measured differently than its book value, which is the value of Dycom that is recorded on the company's balance sheet. Investors also form their own opinion of Dycom Industries' value that differs from its market value or its book value, called intrinsic value, which is Dycom Industries' 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 Dycom Industries' market value can be influenced by many factors that don't directly affect Dycom Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dycom Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dycom Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dycom Industries' 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. Check out Investing Opportunities to better understand how to build diversified portfolios. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.