Danaos Competitors
| DAC Stock | USD 65.34 0.57 0.86% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Danaos competition on your existing holdings. Check out Danaos Correlation with its peers.For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
Danaos |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Danaos' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Danaos in the context of predictive analytics.
Danaos Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Danaos and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Danaos and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Danaos does not affect the price movement of the other competitor.
BGI | CECO | CPNG | LULU | ESAC | PDD | ACBA | ||
BGI | 0.3 | -0.63 | -0.11 | -0.31 | -0.27 | -0.1 | BGI | |
CECO | 0.3 | -0.11 | 0.35 | 0.66 | 0.56 | 0.74 | CECO | |
CPNG | -0.63 | -0.11 | 0.36 | 0.15 | 0.29 | 0.11 | CPNG | |
LULU | -0.11 | 0.35 | 0.36 | 0.29 | 0.59 | 0.47 | LULU | |
ESAC | -0.31 | 0.66 | 0.15 | 0.29 | 0.79 | 0.89 | ESAC | |
PDD | -0.27 | 0.56 | 0.29 | 0.59 | 0.79 | 0.86 | PDD | |
ACBA | -0.1 | 0.74 | 0.11 | 0.47 | 0.89 | 0.86 | ACBA | |
BGI | CECO | CPNG | LULU | ESAC | PDD | ACBA |
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations | High negative correlations |
Risk-Adjusted Indicators
There is a big difference between Danaos Stock performing well and Danaos company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Danaos' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Information Ratio | Expected Shortfall | Potential Upside | Value At@Risk | Maximum Drawdown | |
|---|---|---|---|---|---|---|---|---|---|---|
| BGI | 2.67 | (0.18) | 0.00 | 0.17 | 0.00 | (0.0168) | 0.00 | 6.34 | (5.19) | 27.24 |
| CECO | 2.08 | 0.44 | 0.18 | 0.19 | 1.99 | 0.10 | (2.62) | 3.80 | (3.39) | 29.58 |
| CPNG | 1.34 | 0.07 | 0.00 | (0.01) | 0.00 | 0.0203 | 0.00 | 2.61 | (3.13) | 11.61 |
| LULU | 1.13 | 0.12 | 0.07 | 0.04 | 1.44 | 0.07 | (1.16) | 2.23 | (2.22) | 8.36 |
| ESAC | 0.09 | 0.03 | 0.00 | 1.72 | 0.00 | 0.52 | 0.00 | 0.36 | 0.00 | 1.10 |
| PDD | 2.27 | 0.75 | 0.22 | 0.24 | 2.34 | 0.20 | (2.39) | 5.71 | (4.34) | 20.33 |
| ACBA | 0.24 | 0.06 | 0.24 | 2.89 | 0.00 | 0.32 | (0.40) | 0.71 | (0.54) | 1.66 |
Cross Equities Net Income Analysis
Compare Danaos and related stocks such as Birks Group, CECO Environmental Corp, and Coupang LLC Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BGI | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | 3.5 M |
| CECO | 10.8 M | 10.8 M | 10.8 M | 6.6 M | 13.1 M | (5.6 M) | (38.2 M) | (3 M) | (7.1 M) | 17.7 M | 8.2 M | 1.4 M | 17.4 M | 18.8 M |
| CPNG | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (1.1 B) | (696.9 M) | (463.2 M) | (1.5 B) | (92 M) | (99.3 M) |
| LULU | 239 M | 239 M | 239 M | 239 M | 239 M | 645.6 M | 645.6 M | 645.6 M | 645.6 M | 645.6 M | 854.8 M | 854.8 M | 854.8 M | 759.8 M |
| ESAC | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 9.5 M | 14.3 M | 14.4 M |
| PDD | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (525.1 M) | (10.2 B) | (7 B) | (7.2 B) | 7.8 B | 31.5 B | 34 B |
| ACBA | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (15.8 K) | (1 M) | 1.1 M | 1.2 M |
Danaos and related stocks such as Birks Group, CECO Environmental Corp, and Coupang LLC Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Danaos financial statement analysis. It represents the amount of money remaining after all of Danaos operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.Danaos Competitive Analysis
The better you understand Danaos competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Danaos' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Danaos' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Danaos Competition Performance Charts
Five steps to successful analysis of Danaos Competition
Danaos' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Danaos in relation to its competition. Danaos' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Danaos in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Danaos' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Danaos, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Danaos position
In addition to having Danaos in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Danaos Correlation with its peers.For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide. Note that the Danaos information on this page should be used as a complementary analysis to other Danaos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Danaos Stock analysis
When running Danaos' price analysis, check to measure Danaos' 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 Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Danaos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 17.415 | Dividend Share 3 | Earnings Share 25.39 | Revenue Per Share 49.281 | Quarterly Revenue Growth (0.038) |
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' 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.