Kreditbanken Financial Statements From 2010 to 2024
| KRE Stock | DKK 5,000 50.00 0.99% |
Check Kreditbanken financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kreditbanken's main balance sheet or income statement drivers, such as , as well as many indicators such as . Kreditbanken financial statements analysis is a perfect complement when working with Kreditbanken Valuation or Volatility modules.
Kreditbanken |
Kreditbanken AS Company Return On Asset Analysis
Kreditbanken's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kreditbanken Return On Asset | 0.0094 |
Most of Kreditbanken's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kreditbanken AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Kreditbanken AS has a Return On Asset of 0.0094. This is 102.0% lower than that of the Banks sector and 98.6% lower than that of the Financials industry. The return on asset for all Denmark stocks is 106.71% lower than that of the firm.
Kreditbanken AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kreditbanken's current stock value. Our valuation model uses many indicators to compare Kreditbanken value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kreditbanken competition to find correlations between indicators driving Kreditbanken's intrinsic value. More Info.Kreditbanken AS is rated below average in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers reporting about 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kreditbanken AS is roughly 6.51 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kreditbanken by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kreditbanken's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Kreditbanken Financial Statements
Kreditbanken investors utilize fundamental indicators, such as revenue or net income, to predict how Kreditbanken Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Kreditbanken AS provides various banking products and services to private and business customers in Denmark. Kreditbanken AS was founded in 1926 and is headquartered in Aabenraa, Denmark. Kreditbanken operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange.
Pair Trading with Kreditbanken
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 Kreditbanken 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 Kreditbanken will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kreditbanken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kreditbanken 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 Kreditbanken - 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 Kreditbanken AS to buy it.
The correlation of Kreditbanken 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 Kreditbanken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kreditbanken AS 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 Kreditbanken 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.Other Information on Investing in Kreditbanken Stock
Kreditbanken financial ratios help investors to determine whether Kreditbanken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kreditbanken with respect to the benefits of owning Kreditbanken security.