Danish Aerospace Stock Filter Stocks by Fundamentals
DAC Stock | DKK 3.22 0.18 5.29% |
Danish Aerospace fundamentals help investors to digest information that contributes to Danish Aerospace's financial success or failures. It also enables traders to predict the movement of Danish Stock. The fundamental analysis module provides a way to measure Danish Aerospace's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Danish Aerospace stock.
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Danish Fundamentals
Return On Equity | 0.0656 | |||
Return On Asset | 0.0346 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 43.24 M | |||
Shares Outstanding | 10.91 M | |||
Price To Earning | 243.81 X | |||
Price To Book | 2.18 X | |||
Price To Sales | 2.01 X | |||
Revenue | 20.35 M | |||
Gross Profit | 15.64 M | |||
EBITDA | 1.74 M | |||
Net Income | 175.28 K | |||
Cash And Equivalents | 158.06 K | |||
Cash Per Share | 0.01 X | |||
Total Debt | 4.49 M | |||
Debt To Equity | 0.23 % | |||
Current Ratio | 3.79 X | |||
Book Value Per Share | 1.80 X | |||
Cash Flow From Operations | 7.61 M | |||
Earnings Per Share | 0.11 X | |||
Number Of Employees | 24 | |||
Beta | 0.26 | |||
Market Capitalization | 44.18 M | |||
Total Asset | 28.17 M | |||
Z Score | 5.4 | |||
Net Asset | 28.17 M |
About Danish Aerospace Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danish Aerospace's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danish Aerospace using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danish Aerospace based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Danish Aerospace Company AS designs, develops, and manufactures medical monitoring and exercise equipment worldwide. Danish Aerospace Company AS was founded in 1988 and is based in Odense, Denmark. Danish Aerospace operates under Aerospace Defense classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 25 people.
Pair Trading with Danish Aerospace
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danish Aerospace position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danish Aerospace will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Danish Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danish Aerospace when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danish Aerospace - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danish Aerospace to buy it.
The correlation of Danish Aerospace is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danish Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danish Aerospace moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danish Aerospace can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Danish Aerospace Piotroski F Score and Danish Aerospace Altman Z Score analysis. Note that the Danish Aerospace information on this page should be used as a complementary analysis to other Danish Aerospace's 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Danish Stock analysis
When running Danish Aerospace's price analysis, check to measure Danish Aerospace'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 Danish Aerospace is operating at the current time. Most of Danish Aerospace's value examination focuses on studying past and present price action to predict the probability of Danish Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danish Aerospace's price. Additionally, you may evaluate how the addition of Danish Aerospace to your portfolios can decrease your overall portfolio volatility.
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