Docusign Stock Market Value
| DOCU Stock | USD 85.76 11.06 14.81% |
| Symbol | DocuSign |
DocuSign Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DocuSign. If investors know DocuSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DocuSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.608 | Earnings Share 4.82 | Revenue Per Share | Quarterly Revenue Growth 0.078 | Return On Assets |
The market value of DocuSign is measured differently than its book value, which is the value of DocuSign that is recorded on the company's balance sheet. Investors also form their own opinion of DocuSign's value that differs from its market value or its book value, called intrinsic value, which is DocuSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DocuSign's market value can be influenced by many factors that don't directly affect DocuSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DocuSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if DocuSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DocuSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
DocuSign 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DocuSign's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DocuSign.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in DocuSign on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding DocuSign or generate 0.0% return on investment in DocuSign over 90 days. DocuSign is related to or competes with Trade Desk, ServiceNow, Atlassian Corp, Snowflake, Unity Software, Shopify, and Datadog. DocuSign, Inc. provides electronic signature software in the United States and internationally More
DocuSign Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DocuSign's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DocuSign upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0084 | |||
| Maximum Drawdown | 34.12 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 2.33 |
DocuSign Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DocuSign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DocuSign's standard deviation. In reality, there are many statistical measures that can use DocuSign historical prices to predict the future DocuSign's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.5843 | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DocuSign's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DocuSign Backtested Returns
DocuSign secures Sharpe Ratio (or Efficiency) of -0.0648, which denotes the company had a -0.0648 % return per unit of standard deviation over the last 3 months. DocuSign exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DocuSign's Mean Deviation of 1.96, standard deviation of 4.11, and Coefficient Of Variation of (4,208) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, DocuSign's returns are expected to increase less than the market. However, during the bear market, the loss of holding DocuSign is expected to be smaller as well. At this point, DocuSign has a negative expected return of -0.18%. Please make sure to confirm DocuSign's jensen alpha, as well as the relationship between the skewness and day median price , to decide if DocuSign performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
DocuSign has average predictability. Overlapping area represents the amount of predictability between DocuSign time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DocuSign price movement. The serial correlation of 0.42 indicates that just about 42.0% of current DocuSign price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 35.8 |
DocuSign lagged returns against current returns
Autocorrelation, which is DocuSign stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DocuSign's stock expected returns. We can calculate the autocorrelation of DocuSign returns to help us make a trade decision. For example, suppose you find that DocuSign has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DocuSign regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DocuSign stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DocuSign stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DocuSign stock over time.
Current vs Lagged Prices |
| Timeline |
DocuSign Lagged Returns
When evaluating DocuSign's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DocuSign stock have on its future price. DocuSign autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DocuSign autocorrelation shows the relationship between DocuSign stock current value and its past values and can show if there is a momentum factor associated with investing in DocuSign.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DocuSign Stock Analysis
When running DocuSign's price analysis, check to measure DocuSign's 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 DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.