Descartes Systems Group Stock Alpha and Beta Analysis
| DSG Stock | CAD 162.23 2.32 1.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Descartes Systems Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Descartes Systems over a specified time horizon. Remember, high Descartes Systems' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Descartes Systems' market risk premium analysis include:
Beta 0.72 | Alpha 0.17 | Risk 1.45 | Sharpe Ratio 0.2 | Expected Return 0.29 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Descartes |
Descartes Systems Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Descartes Systems market risk premium is the additional return an investor will receive from holding Descartes Systems long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Descartes Systems. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Descartes Systems' performance over market.| α | 0.17 | β | 0.72 |
Descartes Systems expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Descartes Systems' Buy-and-hold return. Our buy-and-hold chart shows how Descartes Systems performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Descartes Systems Market Price Analysis
Market price analysis 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 understating and applying Descartes Systems stock market price indicators, traders can identify Descartes Systems position entry and exit signals to maximize returns.
Descartes Systems Return and Market Media
The median price of Descartes Systems for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 141.35 with a coefficient of variation of 6.67. The daily time series for the period is distributed with a sample standard deviation of 9.57, arithmetic mean of 143.5, and mean deviation of 8.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Descartes Systems Group Clears Technical Benchmark, Hitting 80-Plus RS Rating - Investors Business Daily | 08/30/2024 |
2 | Fiera Capital Corp Purchases 81,263 Shares of The Descartes Systems Group Inc. - MarketBeat | 09/03/2024 |
3 | The Descartes Systems Group Inc. Stock Position Lifted by Blair William Co. IL - MarketBeat | 09/19/2024 |
4 | Sei Investments Co. Has 21.55 Million Stake in The Descartes Systems Group Inc. - MarketBeat | 09/26/2024 |
5 | Insider Selling The Descartes Systems Group Inc. Senior Officer Sells 22,900 Shares of Stock - MarketBeat | 09/30/2024 |
6 | 2 Stocks That Could Help You Get Richer in 2025 - MSN | 11/21/2024 |
About Descartes Systems Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Descartes or other stocks. Alpha measures the amount that position in Descartes Systems has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 35.84 | 33.93 | 32.85 | 31.21 | PTB Ratio | 6.15 | 5.62 | 6.12 | 6.42 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Descartes Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Descartes Systems' short interest history, or implied volatility extrapolated from Descartes Systems options trading.
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Check out Descartes Systems Backtesting, Descartes Systems Valuation, Descartes Systems Correlation, Descartes Systems Hype Analysis, Descartes Systems Volatility, Descartes Systems History and analyze Descartes Systems Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.