DocuSign Revenue vs. Return On Equity
| D1OC34 Stock | BRL 29.58 0.60 2.07% |
For DocuSign profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DocuSign to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DocuSign utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DocuSign's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DocuSign over time as well as its relative position and ranking within its peers.
DocuSign |
DocuSign Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DocuSign's current stock value. Our valuation model uses many indicators to compare DocuSign value to that of its competitors to determine the firm's financial worth. DocuSign is rated below average in revenue category among its peers. It is rated below average in return on equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value DocuSign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DocuSign's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.DocuSign Revenue vs. Competition
DocuSign is rated below average in revenue category among its peers. Market size based on revenue of Software—Application industry is currently estimated at about 29.54 Billion. DocuSign holds roughly 2.11 Billion in revenue claiming about 7% of equities listed under Software—Application industry.
DocuSign Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
DocuSign |
| = | 2.11 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
DocuSign |
| = | -0.37 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
DocuSign Return On Equity Comparison
DocuSign is rated below average in return on equity category among its peers.
DocuSign Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DocuSign, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DocuSign will eventually generate negative long term returns. The profitability progress is the general direction of DocuSign's change in net profit over the period of time. It can combine multiple indicators of DocuSign, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
DocuSign, Inc. provides cloud based software in the United States and internationally. The company was incorporated in 2003 and is headquartered in San Francisco, California. DOCUSIGN INCDRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 5630 people.
DocuSign Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DocuSign. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DocuSign position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DocuSign's important profitability drivers and their relationship over time.
Use DocuSign in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DocuSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DocuSign will appreciate offsetting losses from the drop in the long position's value.DocuSign Pair Trading
DocuSign Pair Trading Analysis
The ability to find closely correlated positions to DocuSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DocuSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DocuSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DocuSign to buy it.
The correlation of DocuSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DocuSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DocuSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DocuSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your DocuSign position
In addition to having DocuSign in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in DocuSign Stock
When determining whether DocuSign is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DocuSign Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Docusign Stock. Highlighted below are key reports to facilitate an investment decision about Docusign Stock:Check out Investing Opportunities. For information on how to trade DocuSign Stock refer to our How to Trade DocuSign Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
To fully project DocuSign's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DocuSign at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include DocuSign's income statement, its balance sheet, and the statement of cash flows.