Dantax (Denmark) Today
| DANT Stock | DKK 400.00 8.00 2.04% |
Performance9 of 100
| Odds Of DistressLess than 36
|
Dantax is selling at 400.00 as of the 19th of April 2024; that is 2.04 percent up since the beginning of the trading day. The stock's open price was 392.0. Dantax has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Dantax are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Dantax AS designs, develops, produces, and sells audio products under the Scansonic, Raidho, and Harmony brands. The company was founded in 1969 and is based in Pandrup, Denmark. Dantax AS operates under Household Appliances And Hardware classification in Denmark and is traded on Copenhagen Stock Exchange.. The company has 295.82 K outstanding shares. More on Dantax
Moving together with Dantax Stock
| 0.8 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.75 | PNDORA | Pandora AS | PairCorr |
| 0.86 | COLO-B | Coloplast AS | PairCorr |
Moving against Dantax Stock
| 0.89 | MAERSK-B | AP Mller | PairCorr |
| 0.88 | MAERSK-A | AP Mller | PairCorr |
Follow Valuation Odds of Bankruptcy
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Dantax 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. Dantax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dantax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Peter Jensen |
| Business Concentration | Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors) |
Dantax (DANT) is traded on Copenhagen Exchange in Denmark and employs 12 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 96.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dantax's market, we take the total number of its shares issued and multiply it by Dantax'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. Dantax operates under Household Durables sector and is part of Consumer Discretionary industry. The entity has 295.82 K outstanding shares.
Dantax has accumulated about 52.7 M in cash with 2.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 178.13.
Check Dantax Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Dantax is kr96.44 Million. Dantax shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 84.74 percent of Dantax outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Dantax Ownership Details
Dantax Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Dantax jumping above the current price in 90 days from now is about 14.24%. The Dantax probability density function shows the probability of Dantax stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Dantax has a beta of 0.4958 suggesting as returns on the market go up, Dantax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dantax will be expected to be much smaller as well. Additionally, dantax has an alpha of 0.3175, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dantax to move above the current price in 90 days from now is about 14.24 (This Dantax probability density function shows the probability of Dantax Stock to fall within a particular range of prices over 90 days) .
Dantax Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dantax market risk premium is the additional return an investor will receive from holding Dantax 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 Dantax. 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 Dantax's alpha and beta are two of the key measurements used to evaluate Dantax's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.7 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.59 |
Dantax Stock Against Markets
Picking the right benchmark for Dantax 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 Dantax 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 Dantax is critical whether you are bullish or bearish towards Dantax at a given time. Please also check how Dantax'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 Dantax 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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| All Next | Launch Module |
How to buy Dantax Stock?
Before investing in Dantax, 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 Dantax. To buy Dantax stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dantax. 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 Dantax stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dantax 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 Dantax 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 Dantax, 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 Dantax?
The danger of trading Dantax 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 Dantax 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 Dantax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dantax 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 Dantax. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Dantax Stock analysis
When running Dantax's price analysis, check to measure Dantax'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 Dantax is operating at the current time. Most of Dantax's value examination focuses on studying past and present price action to predict the probability of Dantax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dantax's price. Additionally, you may evaluate how the addition of Dantax to your portfolios can decrease your overall portfolio volatility.
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