Descartes Systems Group Stock Alpha and Beta Analysis
| DSGX Stock | USD 117.25 1.17 1.01% |
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 1.13 | Alpha 0.0985 | Risk 1.5 | Sharpe Ratio 0.15 | Expected Return 0.22 |
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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 | 0.1 | β | 1.13 |
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 Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 104.05 with a coefficient of variation of 5.39. The daily time series for the period is distributed with a sample standard deviation of 5.64, arithmetic mean of 104.63, and mean deviation of 4.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | 09/03/2024 |
2 | Descartes Systems acquires MyCarrierPortal | 09/18/2024 |
3 | Descartes Study Reveals Nearly 90 percent of Consumers Sustainable Home Delivery Choices Are Impacted by Economic Pressure | 10/10/2024 |
4 | Cathay Cargo Leveraged Descartes Air Cargo Tracking Solution to Help Support Safe Journey of Giant Pandas | 10/16/2024 |
5 | With 86 percent ownership, The Descartes Systems Group Inc. boasts of strong institutional backing | 10/17/2024 |
6 | Descartes Systems Group shareholders have earned a 24 percent CAGR over the last five years | 11/01/2024 |
7 | Aroma Retail Supports Exponential Ecommerce Growth with Descartes Parcel Shipping Solution | 11/04/2024 |
8 | Strength Seen in Descartes Systems Can Its 4.4 percent Jump Turn into More Strength | 11/07/2024 |
9 | The Descartes Systems Group Reaches New 52-Week High Should You Buy | 11/13/2024 |
10 | Automated Logistics Systems Simplifies Customs Clearance with Descartes Foreign Trade Zone Solution | 11/18/2024 |
11 | Cartesian Therapeutics to Present Updated Data from Phase 2b Trial of Descartes-08 in Patients with Myasthenia Gravis at the 2nd Annual Cell Therapy for Autoimm... | 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 |
Descartes Systems Upcoming Company Events
As portrayed in its financial statements, the presentation of Descartes Systems' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Descartes Systems' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Descartes Systems' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Descartes Systems. Please utilize our Beneish M Score to check the likelihood of Descartes Systems' management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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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.