Dantax Stock Price To Earnings To Growth

DANT Stock  DKK 410.00  20.00  5.13%   
Dantax fundamentals help investors to digest information that contributes to Dantax's financial success or failures. It also enables traders to predict the movement of Dantax Stock. The fundamental analysis module provides a way to measure Dantax'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 Dantax stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dantax Company Price To Earnings To Growth Analysis

Dantax's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

Based on the latest financial disclosure, Dantax has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Household Durables sector and 100.0% lower than that of the Consumer Discretionary industry. The price to earnings to growth for all Denmark stocks is 100.0% higher than that of the company.

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Dantax Fundamentals

About Dantax Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dantax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dantax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dantax based on its fundamental data. In general, a quantitative approach, as applied to this company, 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 Dantax

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 Dantax 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 Dantax will appreciate offsetting losses from the drop in the long position's value.

Moving against Dantax Stock

  0.66MAERSK-A AP MllerPairCorr
  0.65MAERSK-B AP MllerPairCorr
  0.6CHEMM ChemoMetec ASPairCorr
  0.57PNDORA Pandora ASPairCorr
The ability to find closely correlated positions to Dantax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dantax 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 Dantax - 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 Dantax to buy it.
The correlation of Dantax 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 Dantax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dantax 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 Dantax 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dantax Stock

Dantax financial ratios help investors to determine whether Dantax 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 Dantax with respect to the benefits of owning Dantax security.