DXP Enterprises Stock Market Value

DXPE
 Stock
  

USD 26.13  0.41  1.54%   

DXP Enterprises' market value is the price at which a share of DXP Enterprises stock trades on a public exchange. It measures the collective expectations of DXP Enterprises investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of DXP Enterprises and determine expected loss or profit from investing in DXP Enterprises over a given investment horizon. Continue to DXP Enterprises Correlation, DXP Enterprises Volatility and DXP Enterprises Alpha and Beta module to complement your research on DXP Enterprises.
Symbol


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.

DXP Enterprises 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DXP Enterprises' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DXP Enterprises.
0.00
11/05/2022
No Change 0.00  0.0 
In 31 days
12/05/2022
0.00
If you would invest  0.00  in DXP Enterprises on November 5, 2022 and sell it all today you would earn a total of 0.00 from holding DXP Enterprises or generate 0.0% return on investment in DXP Enterprises over 30 days. DXP Enterprises is related to or competes with Nutanix, and Disney. DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating produc... More

DXP Enterprises Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DXP Enterprises' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DXP Enterprises upside and downside potential and time the market with a certain degree of confidence.

DXP Enterprises Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DXP Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DXP Enterprises' standard deviation. In reality, there are many statistical measures that can use DXP Enterprises historical prices to predict the future DXP Enterprises' volatility.
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
23.4026.1328.86
Details
Intrinsic
Valuation
LowReal ValueHigh
23.5232.2034.93
Details
Naive
Forecast
LowNext ValueHigh
24.4927.2329.96
Details
1 Analysts
Consensus
LowTarget PriceHigh
40.0040.0040.00
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 Backtested Returns

We consider DXP Enterprises very steady. DXP Enterprises secures Sharpe Ratio (or Efficiency) of 2.0E-4, which denotes the company had 2.0E-4% of return per unit of risk over the last 3 months. Our philosophy in predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for DXP Enterprises, which you can use to evaluate the future volatility of the firm. Please confirm DXP Enterprises Mean Deviation of 1.78, semi deviation of 3.13, and Downside Deviation of 3.3 to check if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
The firm shows a Beta (market volatility) of 1.1818, which means a somewhat significant risk relative to the market. Let's try to break down what DXP Enterprises'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, DXP Enterprises will likely underperform. Although it is important to respect DXP Enterprises historical returns, it is better to be realistic regarding the information on the equity's 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 evaluating DXP Enterprises technical indicators, you can now evaluate if the expected return of 5.0E-4% will be sustainable into the future. DXP Enterprises currently shows a risk of 2.73%. Please confirm DXP Enterprises treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if DXP Enterprises will be following its price patterns.

Auto-correlation

    
  0.50  

Modest predictability

DXP Enterprises has modest predictability. Overlapping area represents the amount of predictability between DXP Enterprises time series from 5th of November 2022 to 20th of November 2022 and 20th of November 2022 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DXP Enterprises price movement. The serial correlation of 0.5 indicates that about 50.0% of current DXP Enterprises price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.3
Residual Average0.0
Price Variance0.26

DXP Enterprises lagged returns against current returns

Autocorrelation, which is DXP Enterprises stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DXP Enterprises' stock expected returns. We can calculate the autocorrelation of DXP Enterprises returns to help us make a trade decision. For example, suppose you find that DXP Enterprises stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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DXP Enterprises regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DXP Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DXP Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DXP Enterprises stock over time.
   Current vs Lagged Prices   
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       Timeline  

DXP Enterprises Lagged Returns

When evaluating DXP Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DXP Enterprises stock have on its future price. DXP Enterprises autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DXP Enterprises autocorrelation shows the relationship between DXP Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in DXP Enterprises.
   Regressed Prices   
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       Timeline  

DXP Enterprises Investors Sentiment

The influence of DXP Enterprises' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DXP Enterprises. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to DXP Enterprises' public news can be used to forecast risks associated with investment in DXP Enterprises. The trend in average sentiment can be used to explain how an investor holding DXP Enterprises can time the market purely based on public headlines and social activities around DXP Enterprises. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
DXP Enterprises' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DXP Enterprises' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DXP Enterprises' news discussions. The higher the estimated score, the more favorable is the investor's outlook on DXP Enterprises.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DXP Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DXP Enterprises' short interest history, or implied volatility extrapolated from DXP Enterprises options trading.

Pair Trading with DXP Enterprises

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DXP Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DXP Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with DXP Enterprises

+0.65AALAmerican Airlines Aggressive PushPairCorr
The ability to find closely correlated positions to DXP Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXP Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DXP Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DXP Enterprises to buy it.
The correlation of DXP Enterprises is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DXP Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXP Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DXP Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to DXP Enterprises Correlation, DXP Enterprises Volatility and DXP Enterprises Alpha and Beta module to complement your research on DXP Enterprises. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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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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...