Quarterly Revenue Trend Analysis
Growth Trend of Quarterly Revenue for The Descartes Systems Group Inc. (DSGX).
Seasonally Adjusted Quarterly Revenue Growth Rate
| Quarter-over-Quarter Revenue Growth Rate | 8.9% |
| Year-over-Year Quarterly Revenue Growth Rate | 13% |
Correlation Analysis between Quarterly Revenue and Stock Price
Analyze the correlation between The Descartes Systems Group Inc.(DSGX) stock price and seasonally adjusted quarterly revenue. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.
Seasonally Adjusted Quarterly Revenue and stock price of The Descartes Systems Group Inc. (DSGX) show a High Correlation. The higher the correlation, the greater the reference value.
The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price
High Correlation 0.86
Disclaimer
1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.
2. The information is not complete; for comprehensive data, please refer to the relevant websites.
3. All stock market data analyses are subject to survivorship bias.
