Is Now The Time To Put Descartes Systems Group On Your Watchlist?
| DSGX Stock | USD 115.94 1.71 1.45% |
Slightly above 61% 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 can be driven by a variety of factors including economic data, Descartes Systems' earnings reports, geopolitical events, and overall market trends.
Descartes |
Its common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
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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.
Return On Asset
Return On Asset Comparative Analysis
Descartes Systems is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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
| EXFY | Expensify | 3.11 | ||||
| SSNC | SSC Technologies | 1.23 | ||||
| BSY | Bentley Systems | 0.75 | ||||
| AZPN | Aspen Technology | 0.27 | ||||
| BLKB | Blackbaud | 0.09 | ||||
| ENFN | Enfusion | 0.36 | ||||
| CWAN | Clearwater Analytics | 0.73 | ||||
| TYL | Tyler Technologies | 1.40 | ||||
| PRO | PROS Holdings | 2.01 | ||||
| MANH | Manhattan Associates | 3.90 | ||||
| MLNK | Meridianlink | 4.99 |
Additional Tools for Descartes Stock Analysis
When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.