DXP Enterprises Stock Probability of Future Stock Price Finishing Over 26.56

DXPE
 Stock
  

USD 26.54  0.43  1.65%   

DXP Enterprises' future price is the expected price of DXP Enterprises instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of DXP Enterprises performance during a given time horizon utilizing its historical volatility. DXP Enterprises Price to Sales Ratio is projected to slightly decrease based on the last few years of reporting. The past year's Price to Sales Ratio was at 0.44.
  
DXP Enterprises' implied volatility is one of the determining factors in the pricing options written on DXP Enterprises. Implied volatility approximates the future value of DXP Enterprises based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in DXP Enterprises over a specific time period. For example, 2022-12-16 CALL at $25.0 is a CALL option contract on DXP Enterprises' common stock with a strick price of 25.0 expiring on 2022-12-16. The contract was not traded in recent days and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $0.7, and an ask price of $2.95. The implied volatility as of the 4th of December is 41.5182. View All DXP Enterprises options

Closest to current price DXP Enterprises long CALL Option Payoff at Expiration

Continue to DXP Enterprises Backtesting, DXP Enterprises Valuation, DXP Enterprises Correlation, DXP Enterprises Hype Analysis, DXP Enterprises Volatility, DXP Enterprises History as well as DXP Enterprises Performance. Please specify DXP Enterprises time horizon, a valid symbol (red box) and a target price (blue box) you would like DXP Enterprises odds to be computed.

DXP Enterprises Target Price Odds to finish over 26.56

The tendency of DXP Enterprises Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 26.56  or more in 90 days
 26.54 90 days 26.56 
about 39.2
Based on a normal probability distribution, the odds of DXP Enterprises to move over $ 26.56  or more in 90 days from now is about 39.2 (This DXP Enterprises probability density function shows the probability of DXP Enterprises Stock to fall within a particular range of prices over 90 days) . Probability of DXP Enterprises price to stay between its current price of $ 26.54  and $ 26.56  at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.19 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DXP Enterprises will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. DXP Enterprises is significantly underperforming NYSE Composite.
   DXP Enterprises Price Density   
       Price  

Predictive Modules for DXP Enterprises

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DXP Enterprises. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of DXP Enterprises' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of DXP Enterprises in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
23.8426.5529.26
Details
Intrinsic
Valuation
LowReal ValueHigh
23.8932.2935.00
Details
1 Analysts
Consensus
LowTarget PriceHigh
40.0040.0040.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
0.920.920.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DXP Enterprises. Your research has to be compared to or analyzed against DXP Enterprises' peers to derive any actionable benefits. When done correctly, DXP Enterprises' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in DXP Enterprises.

DXP Enterprises Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. DXP Enterprises is not an exception. The market had few large corrections towards the DXP Enterprises' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DXP Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DXP Enterprises within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.09
β
Beta against NYSE Composite1.19
σ
Overall volatility
1.35
Ir
Information ratio -0.03

DXP Enterprises Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DXP Enterprises for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DXP Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
DXP Enterprises has a strong financial position based on the latest SEC filings
About 72.0% of the company shares are held by institutions such as insurance companies

DXP Enterprises Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of DXP Enterprises Stock often depends not only on the future outlook of the current and potential DXP Enterprises' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DXP Enterprises' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding19208067.00
Cash And Short Term Investments48989000.00

DXP Enterprises Technical Analysis

DXP Enterprises' future price can be derived by breaking down and analyzing its technical indicators over time. DXP Enterprises Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DXP Enterprises. In general, you should focus on analyzing DXP Enterprises Stock price patterns and their correlations with different microeconomic environments and drivers.

DXP Enterprises Predictive Forecast Models

DXP Enterprises time-series forecasting models is one of many DXP Enterprises' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DXP Enterprises' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about DXP Enterprises

Checking the ongoing alerts about DXP Enterprises for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DXP Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
DXP Enterprises has a strong financial position based on the latest SEC filings
About 72.0% of the company shares are held by institutions such as insurance companies
Continue to DXP Enterprises Backtesting, DXP Enterprises Valuation, DXP Enterprises Correlation, DXP Enterprises Hype Analysis, DXP Enterprises Volatility, DXP Enterprises History as well as DXP Enterprises Performance. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for 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 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.
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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 Enterprises 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 YOY
0.94
Market Capitalization
498 M
Quarterly Revenue Growth YOY
0.34
Return On Assets
0.0534
Return On Equity
0.11
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP Enterprises 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 DXP Enterprises value 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.