Skjern Financial Statements From 2010 to 2024
| SKJE Stock | DKK 155.00 1.00 0.65% |
Check Skjern Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skjern Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Skjern financial statements analysis is a perfect complement when working with Skjern Bank Valuation or Volatility modules.
Skjern |
Skjern Bank AS Company Return On Equity Analysis
Skjern Bank's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Skjern Bank Return On Equity | 0.11 |
Most of Skjern Bank's fundamental indicators, such as Return On Equity, 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, Skjern Bank AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Skjern Bank AS has a Return On Equity of 0.114. This is 92.14% lower than that of the Banks sector and 98.52% lower than that of the Financials industry. The return on equity for all Denmark stocks is 136.77% lower than that of the firm.
Skjern Bank AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Skjern Bank's current stock value. Our valuation model uses many indicators to compare Skjern Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Skjern Bank competition to find correlations between indicators driving Skjern Bank's intrinsic value. More Info.Skjern Bank AS is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Skjern Bank AS is roughly 8.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Skjern Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Skjern Bank'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 Skjern Bank Financial Statements
Skjern Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Skjern 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.
Skjern Bank AS provides financial services to private customers, business and institutional customers, and public companies in Denmark. The company was founded in 1906 and is based in Skjern, Denmark. Skjern Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange.
Pair Trading with Skjern Bank
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 Skjern Bank 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 Skjern Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Skjern Stock
Moving against Skjern Stock
The ability to find closely correlated positions to Skjern Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skjern Bank 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 Skjern Bank - 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 Skjern Bank AS to buy it.
The correlation of Skjern Bank 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 Skjern Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skjern Bank 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 Skjern Bank 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 Skjern Stock
Skjern Bank financial ratios help investors to determine whether Skjern 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 Skjern with respect to the benefits of owning Skjern Bank security.