Danske Financial Statements From 2010 to 2024
| DAB Stock | DKK 12.60 0.10 0.79% |
Check Danske Andelskassers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danske Andelskassers' main balance sheet or income statement drivers, such as , as well as many indicators such as . Danske financial statements analysis is a perfect complement when working with Danske Andelskassers Valuation or Volatility modules.
Danske |
Danske Andelskassers Bank Company Operating Margin Analysis
Danske Andelskassers' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Danske Andelskassers Operating Margin | 0.19 % |
Most of Danske Andelskassers' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Danske Andelskassers Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Danske Andelskassers Bank has an Operating Margin of 0.19%. This is 98.97% lower than that of the Financial Services sector and 99.22% lower than that of the Banks - Regional - Europe industry. The operating margin for all Denmark stocks is 103.45% lower than that of the firm.
Danske Andelskassers Bank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Danske Andelskassers's current stock value. Our valuation model uses many indicators to compare Danske Andelskassers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Danske Andelskassers competition to find correlations between indicators driving Danske Andelskassers's intrinsic value. More Info.Danske Andelskassers Bank is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Danske Andelskassers Bank is roughly 6.38 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Danske Andelskassers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Danske Andelskassers' 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.About Danske Andelskassers Financial Statements
Danske Andelskassers investors utilize fundamental indicators, such as revenue or net income, to predict how Danske Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Danske Andelskassers Bank AS provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. The company was founded in 1969 and is headquartered in Tjele, Denmark. Danske Andelskassers operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange.
Pair Trading with Danske Andelskassers
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 Danske Andelskassers 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 Danske Andelskassers will appreciate offsetting losses from the drop in the long position's value.Moving against Danske Stock
| 0.83 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.74 | SKJE | Skjern Bank AS | PairCorr |
| 0.6 | VJBA | Vestjysk Bank AS | PairCorr |
| 0.53 | CARL-A | Carlsberg AS | PairCorr |
| 0.49 | JYSK | Jyske Bank AS | PairCorr |
The ability to find closely correlated positions to Danske Andelskassers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danske Andelskassers 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 Danske Andelskassers - 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 Danske Andelskassers Bank to buy it.
The correlation of Danske Andelskassers 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 Danske Andelskassers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Andelskassers Bank 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 Danske Andelskassers 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.Other Information on Investing in Danske Stock
Danske Andelskassers financial ratios help investors to determine whether Danske Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Danske with respect to the benefits of owning Danske Andelskassers security.