Descartes Operating Margin from 2010 to 2026
| DSG Stock | CAD 88.14 1.14 1.28% |
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 | Operating Margin |
Evaluating Descartes Systems's Operating Margin 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' Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Descartes Systems Group over the last few years. It is Descartes Systems' Operating Profit Margin 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.
| View | Last Reported 0.31 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Descartes Operating Margin Regression Statistics
| Arithmetic Mean | 0.14 | |
| Coefficient Of Variation | 131.27 | |
| Mean Deviation | 0.09 | |
| Median | 0.15 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.04 | |
| Range | 0.8353 | |
| R-Value | 0.65 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.58 |
Descartes Operating Margin History
About Descartes Systems Financial Statements
Descartes Systems investors utilize fundamental indicators, such as Operating Margin, 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.
The Descartes Systems Group Inc. provides federated network and logistics technology solutions worldwide. The company was founded in 1981 and is headquartered in Waterloo, Canada. DESCARTES SYS operates under Software - Application classification in Canada and is traded on Toronto Stock Exchange. It employs 1334 people.
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 AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.