Danske Bank As Stock Return On Equity
| DANSKE Stock | DKK 202.20 0.20 0.1% |
Danske Bank AS fundamentals help investors to digest information that contributes to Danske Bank's financial success or failures. It also enables traders to predict the movement of Danske Stock. The fundamental analysis module provides a way to measure Danske Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Danske Bank stock.
Danske |
Danske Bank AS Company Return On Equity Analysis
Danske Bank's 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.
Current Danske Bank Return On Equity | -0.0301 |
Most of Danske Bank's fundamental indicators, such as Return On Equity, 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 Bank AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Danske Bank AS has a Return On Equity of -0.0301. This is 102.08% lower than that of the Banks sector and significantly lower than that of the Financials industry. The return on equity for all Denmark stocks is 90.29% lower than that of the firm.
Danske Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danske Bank's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Danske Bank could also be used in its relative valuation, which is a method of valuing Danske Bank by comparing valuation metrics of similar companies.Danske Bank is currently under evaluation in return on equity category among related companies.
Danske Fundamentals
| Return On Equity | -0.0301 | |||
| Return On Asset | -0.0013 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 1.02 T | |||
| Shares Outstanding | 850.95 M | |||
| Shares Owned By Insiders | 21.02 % | |||
| Shares Owned By Institutions | 17.20 % | |||
| Price To Earning | 10.95 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 2.54 X | |||
| Revenue | 44.47 B | |||
| Gross Profit | 44.41 B | |||
| EBITDA | 52.35 B | |||
| Net Income | (5.07 B) | |||
| Cash And Equivalents | 746.42 B | |||
| Cash Per Share | 874.68 X | |||
| Total Debt | 1.39 T | |||
| Book Value Per Share | 188.40 X | |||
| Cash Flow From Operations | (109.36 B) | |||
| Earnings Per Share | 13.10 X | |||
| Price To Earnings To Growth | 2.09 X | |||
| Target Price | 167.32 | |||
| Number Of Employees | 21.02 K | |||
| Beta | 0.98 | |||
| Market Capitalization | 125.86 B | |||
| Total Asset | 3.76 T | |||
| Retained Earnings | 135.12 B | |||
| Working Capital | (566.67 B) | |||
| Current Asset | 989.48 B | |||
| Current Liabilities | 1.56 T | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 4.02 % | |||
| Net Asset | 3.76 T |
About Danske Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danske Bank AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danske Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danske Bank AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Danske Bank
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 Bank 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 Bank will appreciate offsetting losses from the drop in the long position's value.Moving against Danske Stock
| 0.9 | NORTHM | North Media AS | PairCorr |
| 0.74 | MAERSK-B | AP Mller Earnings Call Today | PairCorr |
| 0.74 | DNORD | Dampskibsselskabet | PairCorr |
| 0.64 | CPHCAP-ST | Copenhagen Capital | PairCorr |
| 0.6 | MAERSK-A | AP Mller Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Danske Bank 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 Bank 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 Bank - 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 Bank AS to buy it.
The correlation of Danske Bank 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 Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Bank AS 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 Bank 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.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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.
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