Destination Xl Group Stock Price on December 3, 2024
| DXLG Stock | USD 2.63 0.04 1.54% |
If you're considering investing in Destination Stock, it is important to understand the factors that can impact its price. As of today, the current price of Destination stands at 2.63, as last reported on the 11th of December 2024, with the highest price reaching 2.69 and the lowest price hitting 2.58 during the day. At this point, Destination is moderately volatile. Destination XL Group secures Sharpe Ratio (or Efficiency) of 0.0232, which denotes the company had a 0.0232% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Destination XL Group, which you can use to evaluate the volatility of the firm. Please confirm Destination's Coefficient Of Variation of 4303.58, mean deviation of 2.35, and Downside Deviation of 3.7 to check if the risk estimate we provide is consistent with the expected return of 0.0733%.
Destination Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Destination |
Sharpe Ratio = 0.0232
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| Cash | Small Risk | DXLG | High Risk | Huge Risk |
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Estimated Market Risk
| 3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Destination is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Destination by adding it to a well-diversified portfolio.
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Destination Valuation on December 3, 2024
It is possible to determine the worth of Destination on a given historical date. On December 3, 2024 Destination was worth 2.53 at the beginning of the trading date compared to the closed value of 2.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Destination stock. Still, in general, we apply an absolute valuation method to find Destination's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Destination where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Destination's related companies.
| Open | High | Low | Close | Volume | |
| 2.45 | 2.64 | 2.44 | 2.54 | 403,164 | |
12/03/2024 | 2.53 | 2.56 | 2.43 | 2.48 | 289,614 |
| 2.48 | 2.63 | 2.46 | 2.59 | 314,302 |
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Destination Trading Date Momentum on December 3, 2024
| On December 04 2024 Destination XL Group was traded for 2.59 at the closing time. The top price for the day was 2.63 and the lowest listed price was 2.46 . The trading volume for the day was 314.3 K. The trading history from December 4, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 4.44% . The overall trading delta against the current closing price is 5.24% . |
Destination XL Group Fundamentals Correlations and Trends
By evaluating Destination's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Destination's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Destination financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Destination Stock history
Destination investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Destination is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Destination XL Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Destination stock prices may prove useful in developing a viable investing in Destination
Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 1353 people.
Destination Stock Technical Analysis
Destination 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.
Price Boundaries
Destination Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Destination XL Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Destination December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Destination stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Destination shares will generate the highest return on investment. By undertsting and applying Destination stock market strength indicators, traders can identify Destination XL Group entry and exit signals to maximize returns
Destination Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Destination's price direction in advance. Along with the technical and fundamental analysis of Destination Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Destination to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.039 |
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Complementary Tools for Destination Stock analysis
When running Destination's price analysis, check to measure Destination's 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 Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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