Danske Bank (Germany) Today
| DSN Stock | EUR 27.07 0.24 0.88% |
Performance12 of 100
| Odds Of DistressOver 56
|
Danske Bank is trading at 27.07 as of the 18th of April 2024, a -0.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 26.85. Danske Bank has over 56 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns 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 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
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Follow Valuation Odds of Bankruptcy
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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.
| Business Concentration | Other, Other (View all Sectors) |
Danske Bank AS (DSN) is traded on Berlin Exchange in Germany . The company currently falls under 'Large-Cap' category with a current market capitalization of 12.93 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 Other sector and is part of Other industry. The entity has 0 outstanding shares.
Danske Bank generates negative cash flow from operations
Check Danske Bank Probability Of Bankruptcy
Danske Stock Price Odds Analysis
What are Danske Bank's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Danske Bank jumping above the current price in 90 days from now is about 6.36%. 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 AS has a beta of -0.1978 suggesting as returns on the benchmark increase, returns on holding Danske Bank are expected to decrease at a much lower rate. During a bear market, however, Danske Bank AS is likely to outperform the market. Additionally, danske Bank AS has an alpha of 0.6554, implying that it can generate a 0.66 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Danske Bank to move above the current price in 90 days from now is about 6.36 (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.
| Mean Deviation | 1.48 | |||
| Standard Deviation | 4.46 | |||
| Variance | 19.91 | |||
| Downside Variance | 0.8517 |
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?
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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
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 board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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