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Danske Andelskassers Fundamental Trends Analysis

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The Drivers Module shows relationships between Danske Andelskassers's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Danske Andelskassers Bank AS over time as well as its relative position and ranking within its peers. Check out Investing Opportunities.
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Danske Andelskassers Z Score vs. Beta Fundamental Analysis

Danske Andelskassers Bank AS is one of the top stocks in beta category among related companies. It is one of the top stocks in z score category among related companies .
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Danske Andelskassers 
Beta 
 = 
Covariance 
Variance 
=
-0.41
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Danske Andelskassers 
Z Score 
 = 
Sum Of  
 
5 Factors 
=
0.6
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.

Danske Z Score Comparison

Danske Andelskassers is currently under evaluation in z score category among related companies.

Danske Fundamental Comparison

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