Docusign Stock Price on February 29, 2024
| DOCU Stock | USD 58.76 1.46 2.55% |
Below is the normalized historical share price chart for DocuSign extending back to April 27, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of DocuSign stands at 58.76, as last reported on the 2nd of May, with the highest price reaching 58.80 and the lowest price hitting 56.97 during the day.
If you're considering investing in DocuSign Stock, it is important to understand the factors that can impact its price. We consider DocuSign very steady. DocuSign secures Sharpe Ratio (or Efficiency) of 0.0187, which denotes the company had a 0.0187% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for DocuSign, which you can use to evaluate the volatility of the firm. Please confirm DocuSign's Standard Deviation of 2.07, coefficient of variation of (4,103), and Mean Deviation of 1.54 to check if the risk estimate we provide is consistent with the expected return of 0.0387%.
At this time, DocuSign's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 3 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 2 B in 2024. . At this time, DocuSign's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 12.98 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (1.02) in 2024. DocuSign Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of April 2018 | 200 Day MA 51.1958 | 50 Day MA 56.7122 | Beta 0.875 |
DocuSign |
Sharpe Ratio = 0.0187
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| Negative Returns | DOCU |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average DocuSign is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of DocuSign by adding it to a well-diversified portfolio.
Price Book 10.7077 | Enterprise Value Ebitda 57.2359 | Price Sales 4.3807 | Shares Float 203.2 M | Wall Street Target Price 65.61 |
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DocuSign Valuation on February 29, 2024
It is possible to determine the worth of DocuSign on a given historical date. On February 29, 2024 DocuSign was worth 52.99 at the beginning of the trading date compared to the closed value of 53.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DocuSign stock. Still, in general, we apply an absolute valuation method to find DocuSign's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of DocuSign where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DocuSign's related companies.
| Open | High | Low | Close | Volume | |
| 51.81 | 53.43 | 51.58 | 52.77 | 1,884,146 | |
02/29/2024 | 52.99 | 53.54 | 52.13 | 53.27 | 3,000,664 |
| 53.00 | 54.59 | 52.90 | 54.58 | 2,534,787 |
| Backtest DocuSign | | | DocuSign History | | | DocuSign Valuation | Previous | Next |
DocuSign Trading Date Momentum on February 29, 2024
| On March 01 2024 DocuSign was traded for 54.58 at the closing time. The top price for the day was 54.59 and the lowest listed price was 52.90 . The trading volume for the day was 2.5 M. The trading history from March 1, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.46% . The overall trading delta against the current closing price is 5.52% . |
DocuSign Fundamentals Correlations and Trends
By evaluating DocuSign's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among DocuSign's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DocuSign financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DocuSign Stock history
DocuSign investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for DocuSign is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DocuSign will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing DocuSign stock prices may prove useful in developing a viable investing in DocuSign
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 208.9 M | 185 M | |
| Net Loss | -112.1 M | -117.7 M |
DocuSign Stock Technical Analysis
DocuSign technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
DocuSign Period Price Range
Low | February 29, 2024
| High |
52.99 | 53.27 |
DocuSign May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how DocuSign stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DocuSign shares will generate the highest return on investment. By undertsting and applying DocuSign stock market strength indicators, traders can identify DocuSign entry and exit signals to maximize returns
DocuSign Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DocuSign's price direction in advance. Along with the technical and fundamental analysis of DocuSign Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DocuSign to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.05) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DocuSign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy DocuSign Stock please use our How to Invest in DocuSign guide.Note that the DocuSign information on this page should be used as a complementary analysis to other DocuSign's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary 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.
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Is DocuSign's industry 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 5.985 | Earnings Share 0.36 | Revenue Per Share 13.534 | Quarterly Revenue Growth 0.08 | Return On Assets 0.0131 |
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.