Investeringsforeningen Danske Invest Fund Cash Per Share
| DKIDKF Fund | DKK 292.10 1.35 0.46% |
Investeringsforeningen Danske Invest fundamentals help investors to digest information that contributes to DKIDKF's financial success or failures. It also enables traders to predict the movement of DKIDKF Fund. The fundamental analysis module provides a way to measure DKIDKF'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 DKIDKF fund.
DKIDKF |
Investeringsforeningen Danske Invest Fund Cash Per Share Analysis
DKIDKF's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
In accordance with the recently published financial statements, Investeringsforeningen Danske Invest has a Cash Per Share of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Cash Per Share (which currently averages 0.0) category. This indicator is about the same for all Denmark funds average (which is currently at 0.0).
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About DKIDKF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Investeringsforeningen Danske Invest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DKIDKF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Investeringsforeningen Danske Invest based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Pair Trading with DKIDKF
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 DKIDKF 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 DKIDKF will appreciate offsetting losses from the drop in the long position's value.Moving together with DKIDKF Fund
| 0.69 | JYIHRV | Jyske Invest Hjt | PairCorr |
The ability to find closely correlated positions to DKIDKF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DKIDKF 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 DKIDKF - 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 Investeringsforeningen Danske Invest to buy it.
The correlation of DKIDKF 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 DKIDKF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Investeringsforeningen 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 DKIDKF 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Investeringsforeningen Danske Invest. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between DKIDKF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DKIDKF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DKIDKF's 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.