DSGX Forecast


Bullish Case: DSGX shows a solid historical uptrend and strong financials. Recent acquisitions and steady earnings growth bolster long-term outlook. Low near-term implied volatility suggests market optimism.


Bearish Case: Insider selling and a high P/E ratio may signal overvaluation. Declining volume and flat price action suggest limited upside. Potential macroeconomic pressures could dampen growth.


Potential Outcomes: 50% chance of moderate growth from acquisition synergies, 30% likelihood of stagnation from high valuation, 20% risk of decline from macroeconomic factors.


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June 28, 2024


Descartes Systems Forecast

DSGX      Descartes Systems











Correlated Assets

Assets that tend to move strongly with DSGX



SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.96)


CVLT Forecast + Options Trading Strategies   CVLT  Commvault Systems (0.96)


MGK Forecast + Options Trading Strategies   MGK  Vanguard Mega Cap Growth (0.96)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (0.96)


SKYW Forecast + Options Trading Strategies   SKYW  Skywest (0.96)



Uncorrelated Assets

Assets with little price relationship to DSGX



TWLO Forecast + Options Trading Strategies   TWLO  Twilio (-0.0)


PBF Forecast + Options Trading Strategies   PBF  PBF Energy (0.01)


HAS Forecast + Options Trading Strategies   HAS  Hasbro (-0.01)


LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (-0.01)


EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against DSGX



MED Forecast + Options Trading Strategies   MED  Medifast (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.96)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.96)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.96)





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