DXP Enterprises Variance
| DXPE Stock | | | USD 140.74 1.05 0.75% |
Historical market data for DXP Enterprises forms the basis of the Variance indicator shown here. Coverage may vary depending on data availability and normalization methods. DXP Enterprises has a market cap of 2.2 B, operating margin of 9.0%, current ratio of 1.91. For allocation context, review
Investing Opportunities. Monitoring DXP Enterprises within a portfolio highlights how it interacts with other holdings. Rebalancing tools flag when weights drift from target allocations. Broader economic conditions can influence DXP Enterprises's company valuation — related indicators include
signals in employment.
Researching DXP Stock? See our
How to Buy DXP Enterprises guide.
DXP Enterprises has current Variance of 7.71. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 7.71 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
DXP Enterprises holds the
#5 position for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
1.80 . The Maximum Drawdown to Variance ratio for DXP Enterprises comes in at
1.80 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare DXP Enterprises to Peers
Other Technical Indicators