The Descartes Systems Group Inc. Stock Position Lifted by Blair William Co. IL - MarketBeat
| DSG Stock | CAD 163.09 1.63 0.99% |
About 62% of Descartes Systems' investor base is looking to short. The analysis of the overall prospects from investing in Descartes Systems Group suggests that many traders are, at the present time, alarmed. Descartes Systems' investing sentiment overview a quick insight into current market opportunities from investing in Descartes Systems Group. Many technical investors use Descartes Systems stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Descartes |
The Descartes Systems Group Inc. Stock Position Lifted by Blair William Co. IL MarketBeat
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Descartes Systems Fundamental Analysis
We analyze Descartes Systems' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Descartes Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Descartes Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Descartes Systems is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Descartes Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Descartes Systems stock to make a market-neutral strategy. Peer analysis of Descartes Systems could also be used in its relative valuation, which is a method of valuing Descartes Systems by comparing valuation metrics with similar companies.
Peers
Descartes Systems Related Equities
| OTEX | Open Text | 1.59 | ||||
| KXS | Kinaxis | 1.26 | ||||
| CSU | Constellation Software | 0.91 | ||||
| ENGH | Enghouse Systems | 0.76 | ||||
| CLS | Celestica | 4.33 |
Check out Descartes Systems Hype Analysis, Descartes Systems Correlation and Descartes Systems Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.