Danske Bank (Denmark) Today

DANSKE Stock  DKK 206.60  0.10  0.05%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
Danske Bank is trading at 206.60 as of the 28th of March 2024, a 0.05 percent increase since the beginning of the trading day. The stock's open price was 206.5. Danske Bank has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Danske Bank AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Danske Bank AS provides various banking products and services to small and medium-sized businesses, corporate, institutional, and personal customers. Danske Bank AS was founded in 1871 and is headquartered in Copenhagen, Denmark. Danske Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. The company has 850.95 M outstanding shares. More on Danske Bank AS

Moving together with Danske Stock

  0.78KRE Kreditbanken ASPairCorr

Moving against Danske Stock

  0.83MAERSK-B AP Mller -PairCorr
  0.8MAERSK-A AP Mller -PairCorr
  0.6EAC EAC Invest ASPairCorr
  0.55BNORDIK-CSE PF BankNordikPairCorr
  0.49RIAS-B RIAS ASPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Danske Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Danske Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Danske Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChris Vogelzang
Business ConcentrationFinancials, Banks, Banks—Regional, Financial Services (View all Sectors)
Danske Bank AS (DANSKE) is traded on Copenhagen Exchange in Denmark and employs 21,022 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 125.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Danske Bank's market, we take the total number of its shares issued and multiply it by Danske Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Danske Bank AS operates under Banks sector and is part of Financials industry. The entity has 850.95 M outstanding shares. Danske Bank AS has accumulated about 746.42 B in cash with (109.36 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 874.68.
Check Danske Bank Probability Of Bankruptcy
Ownership Allocation
Danske Bank AS retains a total of 850.95 Million outstanding shares. Danske Bank AS retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Danske Ownership Details

Danske Stock Price Odds Analysis

What are Danske Bank's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Danske Bank jumping above the current price in 90 days from now is under 4%. The Danske Bank AS probability density function shows the probability of Danske Bank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Danske Bank has a beta of 0.7602 suggesting as returns on the market go up, Danske Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Danske Bank AS will be expected to be much smaller as well. Additionally, danske Bank AS has an alpha of 0.1965, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 206.6HorizonTargetOdds Above 206.6
96.93%90 days
 206.60 
3.03%
Based on a normal probability distribution, the odds of Danske Bank to move above the current price in 90 days from now is under 4 (This Danske Bank AS probability density function shows the probability of Danske Stock to fall within a particular range of prices over 90 days) .

Danske Bank AS Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Danske Bank market risk premium is the additional return an investor will receive from holding Danske Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Danske Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Danske Bank's alpha and beta are two of the key measurements used to evaluate Danske Bank's performance over the market, the standard measures of volatility play an important role as well.

Danske Stock Against Markets

Picking the right benchmark for Danske Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Danske Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Danske Bank is critical whether you are bullish or bearish towards Danske Bank AS at a given time. Please also check how Danske Bank's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Danske Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run USA ETFs Now

   

USA ETFs

Find actively traded Exchange Traded Funds (ETF) in USA
All  Next Launch Module

Danske Bank Corporate Directors

Danske Bank corporate directors refer to members of a Danske Bank board of directors. The board of directors generally takes responsibility for the Danske Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Danske Bank's board members must vote for the resolution. The Danske Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Martin TiveusDirectorProfile
Bente LandsnesIndependent DirectorProfile
Thorbjoern DahlDirector, Employee RepresentativeProfile
Urban BackstromIndependent DirectorProfile

How to buy Danske Stock?

Before investing in Danske Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Danske Bank. To buy Danske Bank stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Danske Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Danske Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Danske Bank AS stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Danske Bank AS stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Danske Bank AS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Danske Bank AS?

The danger of trading Danske Bank AS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Danske Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Danske Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Danske Bank AS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danske Bank AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Danske Stock analysis

When running Danske Bank's price analysis, check to measure Danske Bank'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 Danske Bank is operating at the current time. Most of Danske Bank's value examination focuses on studying past and present price action to predict the probability of Danske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Bank's price. Additionally, you may evaluate how the addition of Danske Bank to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Transaction History
View history of all your transactions and understand their impact on performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
Please note, there is a significant difference between Danske Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danske Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danske Bank'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.