DXP Enterprises Stock Forecast - Daily Balance Of Power
DXPE Stock | USD 78.88 1.69 2.19% |
DXP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DXP Enterprises stock prices and determine the direction of DXP Enterprises's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DXP Enterprises' historical fundamentals, such as revenue growth or operating cash flow patterns.
DXP |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.67) | 0.284 |
Check DXP Enterprises Volatility | Backtest DXP Enterprises | Trend Details |
DXP Enterprises Trading Date Momentum
On December 20 2024 DXP Enterprises was traded for 78.88 at the closing time. The top price for the day was 80.33 and the lowest listed price was 76.49 . The trading volume for the day was 1.5 M. The trading history from December 20, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.69% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for DXP Enterprises
For every potential investor in DXP, whether a beginner or expert, DXP Enterprises' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DXP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DXP. Basic forecasting techniques help filter out the noise by identifying DXP Enterprises' price trends.DXP Enterprises Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DXP Enterprises stock to make a market-neutral strategy. Peer analysis of DXP Enterprises could also be used in its relative valuation, which is a method of valuing DXP Enterprises by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
DXP Enterprises Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of DXP Enterprises' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of DXP Enterprises' current price.Cycle Indicators | ||
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Volume Indicators |
DXP Enterprises Market Strength Events
Market strength indicators help investors to evaluate how DXP Enterprises stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DXP Enterprises shares will generate the highest return on investment. By undertsting and applying DXP Enterprises stock market strength indicators, traders can identify DXP Enterprises entry and exit signals to maximize returns.
DXP Enterprises Risk Indicators
The analysis of DXP Enterprises' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in DXP Enterprises' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dxp stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.81 | |||
Semi Deviation | 1.27 | |||
Standard Deviation | 3.32 | |||
Variance | 11.04 | |||
Downside Variance | 3.0 | |||
Semi Variance | 1.62 | |||
Expected Short fall | (2.41) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Historical Fundamental Analysis of DXP Enterprises to cross-verify your projections. For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Trading Companies & Distributors space 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 0.365 | Earnings Share 3.88 | Revenue Per Share 108.784 | Quarterly Revenue Growth 0.128 | Return On Assets 0.0751 |
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.