Descartes Net Income Applicable To Common Shares from 2010 to 2026
| DSG Stock | CAD 89.57 1.43 1.62% |
Net Income Applicable To Common Shares | First Reported 2017-01-31 | Previous Quarter 38 M | Current Value 43.9 M | Quarterly Volatility 11.7 M |
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.5 M, Interest Expense of 666.5 K or Selling General Administrative of 78.8 M, as well as many indicators such as Price To Sales Ratio of 14.67, Dividend Yield of 0.0 or PTB Ratio of 7.02. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
Descartes | Net Income Applicable To Common Shares |
Evaluating Descartes Systems's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Descartes Systems Group's fundamental strength.
Latest Descartes Systems' Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Descartes Systems Group over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Descartes Systems' Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Descartes Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 61,263,535 | |
| Geometric Mean | 38,526,968 | |
| Coefficient Of Variation | 93.79 | |
| Mean Deviation | 49,162,693 | |
| Median | 31,277,000 | |
| Standard Deviation | 57,461,056 | |
| Sample Variance | 3301.8T | |
| Range | 163.4M | |
| R-Value | 0.92 | |
| Mean Square Error | 567.3T | |
| R-Squared | 0.84 | |
| Slope | 10,422,274 | |
| Total Sum of Squares | 52828.4T |
Descartes Net Income Applicable To Common Shares History
About Descartes Systems Financial Statements
Descartes Systems investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Descartes Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 164.8 M | 173 M |
Pair Trading with Descartes Systems
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 Descartes Systems 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 Descartes Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Descartes Stock
Moving against Descartes Stock
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The ability to find closely correlated positions to Descartes Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Descartes Systems 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 Descartes Systems - 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 Descartes Systems Group to buy it.
The correlation of Descartes Systems is a statistical measure of how it moves in relation to other instruments. 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 Descartes Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Descartes Systems 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 Descartes Systems 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.Check out the analysis of Descartes Systems Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..