Dxp Enterprises Stock Technical Analysis

DXPE Stock  USD 50.15  0.33  0.65%   
As of the 19th of April, DXP Enterprises shows the Downside Deviation of 1.95, semi deviation of 1.31, and Mean Deviation of 2.05. DXP Enterprises technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for DXP Enterprises, which can be compared to its peers. Please confirm DXP Enterprises treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if DXP Enterprises is priced fairly, providing market reflects its regular price of 50.15 per share. Given that DXP Enterprises has jensen alpha of 0.6307, we urge you to verify DXP Enterprises's prevailing market performance to make sure the company can sustain itself at some point in the future.

DXP Enterprises Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DXP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DXP
  
DXP Enterprises' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

DXP Enterprises Analyst Consensus

Target PriceAdvice# of Analysts
55.0Strong Buy1Odds
DXP Enterprises current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most DXP analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand DXP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DXP Enterprises, talking to its executives and customers, or listening to DXP conference calls.
DXP Analyst Advice Details
DXP Enterprises 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.
A focus of DXP Enterprises technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DXP Enterprises trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

DXP Enterprises Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of DXP Enterprises volatility. High ATR values indicate high volatility, and low values indicate low volatility.

DXP Enterprises Trend Analysis

Use this graph to draw trend lines for DXP Enterprises. You can use it to identify possible trend reversals for DXP Enterprises as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DXP Enterprises price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DXP Enterprises Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DXP Enterprises applied against its price change over selected period. The best fit line has a slop of   0.48  , which means DXP Enterprises will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8710.08, which is the sum of squared deviations for the predicted DXP Enterprises price change compared to its average price change.

About DXP Enterprises Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DXP Enterprises on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DXP Enterprises based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DXP Enterprises price pattern first instead of the macroeconomic environment surrounding DXP Enterprises. By analyzing DXP Enterprises's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DXP Enterprises's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DXP Enterprises specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield1.85E-41.75E-41.58E-41.5E-4
Price To Sales Ratio0.440.350.340.31

DXP Enterprises April 19, 2024 Technical Indicators

Most technical analysis of DXP help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DXP from various momentum indicators to cycle indicators. When you analyze DXP charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether DXP Enterprises is a strong investment it is important to analyze DXP Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DXP Enterprises' future performance. For an informed investment choice regarding DXP Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for DXP Stock analysis

When running DXP Enterprises' price analysis, check to measure DXP Enterprises' 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 DXP Enterprises is operating at the current time. Most of DXP Enterprises' value examination focuses on studying past and present price action to predict the probability of DXP Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXP Enterprises' price. Additionally, you may evaluate how the addition of DXP Enterprises to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Money Managers
Screen money managers from public funds and ETFs managed around the world
Fundamental Analysis
View fundamental data based on most recent published financial statements
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
CEOs Directory
Screen CEOs from public companies around the world
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is DXP Enterprises' 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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
1.535
Earnings Share
3.89
Revenue Per Share
99.502
Quarterly Revenue Growth
0.002
Return On Assets
0.0786
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.