Danske Andelskassers Financials
| DAB Stock | DKK 12.50 0.10 0.79% |
Danske |
Understanding current and past Danske Andelskassers Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Danske Andelskassers' financial statements are interrelated, with each one affecting the others. For example, an increase in Danske Andelskassers' assets may result in an increase in income on the income statement.
The data published in Danske Andelskassers' official financial statements usually reflect Danske Andelskassers' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Danske Andelskassers Bank. For example, before you start analyzing numbers published by Danske accountants, it's critical to develop an understanding of what Danske Andelskassers' liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Danske Andelskassers' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Danske Andelskassers' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Danske Andelskassers' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Danske Andelskassers Bank. Please utilize our Beneish M Score to check the likelihood of Danske Andelskassers' management manipulating its earnings.
Danske Andelskassers Stock Summary
Danske Andelskassers competes with Spar Nord, Sydbank AS, Jyske Bank, Dampskibsselskabet, and Matas AS. Danske Andelskassers Bank AS provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. The company was founded in 1969 and is headquartered in Tjele, Denmark. Danske Andelskassers operates under Banks - Regional - Europe classification in Denmark and is traded on Copenhagen Stock Exchange.| Foreign Associate | USA |
| Instrument | Denmark Stock View All |
| Exchange | Copenhagen Exchange |
| ISIN | DK0060299063 |
| Business Address | Baneskellet 1, Tjele, |
| Sector | Financial Services |
| Industry | Banks - Regional - Europe |
| Benchmark | NYSE Composite |
| Website | www.andelskassen.dk |
| Phone | 45 87 99 31 20 |
| Currency | DKK - Danish Krone |
You should never invest in Danske Andelskassers without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Danske Stock, because this is throwing your money away. Analyzing the key information contained in Danske Andelskassers' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Danske Andelskassers Key Financial Ratios
Generally speaking, Danske Andelskassers' financial ratios allow both analysts and investors to convert raw data from Danske Andelskassers' financial statements into concise, actionable information that can be used to evaluate the performance of Danske Andelskassers over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Danske Andelskassers Bank reports annually and quarterly.Danske Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Danske Andelskassers's current stock value. Our valuation model uses many indicators to compare Danske Andelskassers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Danske Andelskassers competition to find correlations between indicators driving Danske Andelskassers's intrinsic value. More Info.Danske Andelskassers Bank is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Danske Andelskassers Bank is roughly 6.38 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Danske Andelskassers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Danske Andelskassers' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Danske Andelskassers' earnings, one of the primary drivers of an investment's value.Danske Andelskassers Bank Systematic Risk
Danske Andelskassers' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Danske Andelskassers volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Danske Andelskassers Bank correlated with the market. If Beta is less than 0 Danske Andelskassers generally moves in the opposite direction as compared to the market. If Danske Andelskassers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Danske Andelskassers Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Danske Andelskassers is generally in the same direction as the market. If Beta > 1 Danske Andelskassers moves generally in the same direction as, but more than the movement of the benchmark.
About Danske Andelskassers Financials
What exactly are Danske Andelskassers Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Danske Andelskassers' income statement, its balance sheet, and the statement of cash flows. Potential Danske Andelskassers investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Danske Andelskassers investors may use each financial statement separately, they are all related. The changes in Danske Andelskassers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Danske Andelskassers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Danske Andelskassers Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Danske Andelskassers is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Danske has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Danske Andelskassers' financials are consistent with your investment objective using the following steps:- Review Danske Andelskassers' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Danske Andelskassers' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Danske Andelskassers' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Danske Andelskassers' stock is overvalued or undervalued.
Danske Andelskassers Thematic Clasifications
Danske Andelskassers Bank is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Danske Andelskassers April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Danske Andelskassers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Danske Andelskassers Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Danske Andelskassers Bank based on widely used predictive technical indicators. In general, we focus on analyzing Danske Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Danske Andelskassers's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1304 | |||
| Maximum Drawdown | 4.74 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 2.34 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danske Andelskassers Bank. 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. Note that the Danske Andelskassers Bank information on this page should be used as a complementary analysis to other Danske Andelskassers' 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Danske Stock analysis
When running Danske Andelskassers' price analysis, check to measure Danske Andelskassers' 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 Andelskassers is operating at the current time. Most of Danske Andelskassers' value examination focuses on studying past and present price action to predict the probability of Danske Andelskassers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Andelskassers' price. Additionally, you may evaluate how the addition of Danske Andelskassers to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |