Will Alkermes Plc shareholders switch to Danaos (USA Stocks:DAC)?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Now, let's check Danaos revenue. Based on the latest financial disclosure, Danaos reported 689.5 M of revenue. This is 80.29% lower than that of the Marine sector and significantly higher than that of the Industrials industry. The revenue for all United States stocks is 92.69% higher than that of Danaos. As for Alkermes Plc we see revenue of 1.17 B, which is much higher than that of the Industrials

	Danaos	689.5 Million
	Sector	0.0
	Alkermes	1.17 Billion

Our take on Danaos small dip

The semi variance is down to 4.76 as of today. Danaos currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of -0.03. However, we advise investors to further question Danaos expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Danaos' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Danaos' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Although some other companies in the marine shipping industry are either recovering or due for a correction, Danaos may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 13th of February 2023, we see that Danaos responds to the market. The firm is undervalued with below average probability of distress within the next 24 months. Our final 90 days 'Buy-Sell' recommendation on the firm is Strong Hold.