Descartes Systems Group Stock Price on November 29, 2024
| DSG Stock | CAD 165.10 0.36 0.22% |
Below is the normalized historical share price chart for Descartes Systems Group extending back to January 21, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Descartes Systems stands at 165.10, as last reported on the 1st of December, with the highest price reaching 166.38 and the lowest price hitting 163.41 during the day.
If you're considering investing in Descartes Stock, it is important to understand the factors that can impact its price. Descartes Systems appears to be very steady, given 3 months investment horizon. Descartes Systems secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Descartes Systems Group, which you can use to evaluate the volatility of the firm. Please utilize Descartes Systems' Downside Deviation of 1.42, coefficient of variation of 438.38, and Mean Deviation of 1.06 to check if our risk estimates are consistent with your expectations.
At this time, Descartes Systems' Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.5 B, while Common Stock Shares Outstanding is likely to drop about 66.4 M. . As of the 1st of December 2024, Price To Sales Ratio is likely to grow to 13.88. Also, Price Earnings Ratio is likely to grow to 68.62. Descartes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 134.655 | 50 Day MA 149.5436 | Beta 0.736 |
Descartes |
Sharpe Ratio = 0.2253
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Descartes Systems is performing at about 17% 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 Descartes Systems by adding it to a well-diversified portfolio.
Price Book 7.6797 | Enterprise Value Ebitda 41.1344 | Price Sales 23.2235 | Shares Float 85.2 M | Wall Street Target Price 62.86 |
Descartes Systems Valuation on November 29, 2024
It is possible to determine the worth of Descartes Systems on a given historical date. On November 29, 2024 Descartes was worth 165.7 at the beginning of the trading date compared to the closed value of 165.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Descartes Systems stock. Still, in general, we apply an absolute valuation method to find Descartes Systems' 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 Descartes Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Descartes Systems' related companies.
| Open | High | Low | Close | Volume | |
| 164.07 | 165.52 | 164.06 | 164.74 | 45,731 | |
11/29/2024 | 165.70 | 166.38 | 163.41 | 165.10 | 148,980 |
| 165.70 | 166.38 | 163.41 | 165.10 | 0.00 |
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Descartes Systems Trading Date Momentum on November 29, 2024
| On December 01 2024 Descartes Systems Group was traded for 165.10 at the closing time. The maximum traded price for the trading interval was 166.38 and the lowest daily price was 163.41 . There was no trading activity during the period 0.0. Lack of trading volume on 1st of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.36% . |
Descartes Systems Fundamentals Correlations and Trends
By evaluating Descartes Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Descartes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Descartes Systems Stock history
Descartes Systems 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 Descartes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Descartes Systems 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 Descartes Systems stock prices may prove useful in developing a viable investing in Descartes Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.8 M | 66.4 M | |
| Net Income Applicable To Common Shares | 117.6 M | 123.4 M |
Descartes Systems Quarterly Net Working Capital |
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Descartes Systems Stock Technical Analysis
Descartes Systems 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
Descartes Systems Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Descartes Systems Group cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Descartes Systems December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Descartes Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Descartes Systems shares will generate the highest return on investment. By undertsting and applying Descartes Systems stock market strength indicators, traders can identify Descartes Systems Group entry and exit signals to maximize returns
Descartes Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Descartes Systems' price direction in advance. Along with the technical and fundamental analysis of Descartes Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Descartes 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 | 0.179 | |||
| Jensen Alpha | 0.2252 | |||
| Total Risk Alpha | 0.0771 | |||
| Sortino Ratio | 0.1322 | |||
| Treynor Ratio | 0.4483 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.