Descartes Systems Group Stock Price Prediction
| DSG Stock | CAD 163.09 1.63 0.99% |
Oversold Vs Overbought
76
Oversold | Overbought |
Quarterly Earnings Growth 0.25 | EPS Estimate Current Year 1.81 | EPS Estimate Next Year 2.29 | Wall Street Target Price 62.86 | EPS Estimate Current Quarter 0.55 |
Using Descartes Systems hype-based prediction, you can estimate the value of Descartes Systems Group from the perspective of Descartes Systems response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Descartes Systems to buy its stock at a price that has no basis in reality. In that case, they are not buying Descartes because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Descartes Systems after-hype prediction price | CAD 161.98 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Descartes |
Descartes Systems After-Hype Price Prediction Density Analysis
As far as predicting the price of Descartes Systems at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Descartes Systems or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Descartes Systems, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Descartes Systems Estimiated After-Hype Price Volatility
In the context of predicting Descartes Systems' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Descartes Systems' historical news coverage. Descartes Systems' after-hype downside and upside margins for the prediction period are 160.53 and 163.43, respectively. We have considered Descartes Systems' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Descartes Systems is very steady at this time. Analysis and calculation of next after-hype price of Descartes Systems is based on 3 months time horizon.
Descartes Systems Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Descartes Systems is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Descartes Systems backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Descartes Systems, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 1.47 | 1.04 | 2.43 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
163.09 | 161.98 | 0.68 |
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Descartes Systems Hype Timeline
Descartes Systems is currently traded for 163.09on Toronto Exchange of Canada. The entity has historical hype elasticity of -1.04, and average elasticity to hype of competition of -2.43. Descartes is forecasted to decline in value after the next headline, with the price expected to drop to 161.98. The average volatility of media hype impact on the company price is about 43.75%. The price drop on the next news is expected to be -0.68%, whereas the daily expected return is currently at 0.31%. The volatility of related hype on Descartes Systems is about 18.77%, with the expected price after the next announcement by competition of 160.66. About 87.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.11. Descartes Systems had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days. Check out Descartes Systems Basic Forecasting Models to cross-verify your projections.Descartes Systems Related Hype Analysis
Having access to credible news sources related to Descartes Systems' direct competition is more important than ever and may enhance your ability to predict Descartes Systems' future price movements. Getting to know how Descartes Systems' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Descartes Systems may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KXS | Kinaxis | 3.69 | 5 per month | 2.85 | 0.05 | 3.95 | (3.29) | 16.52 | |
| ENGH | Enghouse Systems | (0.09) | 4 per month | 0.00 | (0.11) | 2.71 | (2.81) | 8.90 | |
| OTEX | Open Text Corp | (2.06) | 3 per month | 0.00 | (0.09) | 1.84 | (2.51) | 13.83 | |
| CLS | Celestica | (1.04) | 4 per month | 2.76 | 0.20 | 5.61 | (4.18) | 22.15 | |
| CSU | Constellation Software | (39.66) | 1 per month | 1.22 | 0 | 2.24 | (1.85) | 6.34 |
Descartes Systems Additional Predictive Modules
Most predictive techniques to examine Descartes price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Descartes using various technical indicators. When you analyze Descartes charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Descartes Systems Predictive Indicators
The successful prediction of Descartes Systems stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Descartes Systems Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Descartes Systems based on analysis of Descartes Systems hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Descartes Systems's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Descartes Systems's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 35.84 | 33.93 | 40.62 | 38.59 | PTB Ratio | 6.15 | 5.62 | 6.12 | 6.42 |
Story Coverage note for Descartes Systems
The number of cover stories for Descartes Systems depends on current market conditions and Descartes Systems' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Descartes Systems is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Descartes Systems' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Descartes Systems Short Properties
Descartes Systems' future price predictability will typically decrease when Descartes Systems' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Descartes Systems Group often depends not only on the future outlook of the potential Descartes Systems' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Descartes Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.8 M | |
| Cash And Short Term Investments | 321 M |
Check out Descartes Systems Basic Forecasting Models to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.