Danske Bank (Denmark) Today
| DANSKE Stock | DKK 202.80 0.20 0.1% |
Performance10 of 100
| Odds Of DistressLess than 37
|
Danske Bank is trading at 202.80 as of the 29th of April 2024, a 0.1 percent up since the beginning of the trading day. The stock's open price was 202.6. Danske Bank has about a 37 percent probability of financial distress in the next few years of operation but had a somewhat ok 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 6th of December 2022 and ending today, the 29th of April 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
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Moving against Danske Stock
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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.
| CEO | Chris Vogelzang |
| Business Concentration | Financials, 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 AllocationDanske 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 about 23.51%. 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 -0.06 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 0.1941, implying that it can generate a 0.19 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 23.51 (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 | 0.975 | |||
| Semi Deviation | 0.9197 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 |
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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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 Tiveus | Director | Profile | |
| Bente Landsnes | Independent Director | Profile | |
| Thorbjoern Dahl | Director, Employee Representative | Profile | |
| Urban Backstrom | Independent Director | Profile |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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