Danaos Competitors
| DAC Stock | USD 101.75 1.29 1.28% |
Danaos vs Global Ship Correlation
Almost no diversification
The correlation between Danaos and GSL is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Danaos and GSL in the same portfolio, assuming nothing else is changed.
Moving together with Danaos Stock
Moving against Danaos Stock
At present, Danaos' Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Danaos' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 461.7 M, whereas Total Assets are forecasted to decline to about 3.2 B.Danaos Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Danaos and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Danaos and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Danaos does not affect the price movement of the other competitor.
| 0.62 | 0.78 | 0.89 | 0.7 | 0.93 | CMRE | ||
| 0.62 | 0.82 | 0.69 | 0.85 | 0.66 | CDLR | ||
| 0.78 | 0.82 | 0.71 | 0.96 | 0.88 | NMM | ||
| 0.89 | 0.69 | 0.71 | 0.65 | 0.83 | ZIM | ||
| 0.7 | 0.85 | 0.96 | 0.65 | 0.8 | CMBT | ||
| 0.93 | 0.66 | 0.88 | 0.83 | 0.8 | GSL | ||
Risk-Adjusted Indicators
There is a big difference between Danaos Stock performing well and Danaos Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Danaos' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMRE | 1.53 | 0.38 | 0.17 | 0.90 | 1.72 | 3.28 | 11.00 | |||
| CDLR | 2.07 | 0.32 | 0.13 | 0.28 | 2.07 | 5.36 | 11.93 | |||
| NMM | 1.23 | 0.28 | 0.19 | 4.21 | 1.05 | 2.65 | 7.51 | |||
| ZIM | 2.56 | 0.44 | 0.14 | 0.29 | 2.76 | 6.15 | 20.91 | |||
| CMBT | 2.00 | 0.36 | 0.16 | 8.74 | 1.85 | 4.58 | 13.21 | |||
| GSL | 1.30 | 0.21 | 0.12 | 0.74 | 1.29 | 2.52 | 13.14 |
Cross Equities Net Income Analysis
Compare Danaos and related stocks such as Costamare, Cadeler AS, and Navios Maritime Partners Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMRE | 99.8 M | 87.6 M | 81.1 M | 103.1 M | 115.1 M | 143.8 M | 81.7 M | 72.9 M | 67.2 M | 99 M | 8.9 M | 435.1 M | 555 M | 385.7 M | 319.9 M | 367.9 M | 184.7 M |
| CDLR | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | 7.1 M | (6.4 M) | 919 K | (23.8 M) | (27 M) | 7.5 M | 35.5 M | 11.5 M | 65.1 M | 74.8 M | 78.6 M |
| NMM | 4.1 M | 65.3 M | 95.9 M | 59 M | 74.9 M | 41.8 M | (52.5 M) | (15.1 M) | (13.1 M) | (62.1 M) | (68.5 M) | 516.2 M | 579.2 M | 433.6 M | 367.3 M | 422.4 M | 443.5 M |
| ZIM | (433.2 M) | (433.2 M) | (433.2 M) | (535 M) | (204.9 M) | 2.3 M | (168.3 M) | 6.2 M | (125.7 M) | (18.1 M) | 518 M | 4.6 B | 4.6 B | (2.7 B) | 2.1 B | 2.5 B | 2.6 B |
| CMBT | 26.2 M | (96 M) | (118.9 M) | (89.7 M) | (45.8 M) | 350.3 M | 204 M | 1.4 M | (110.1 M) | 112.2 M | 473.2 M | (338.8 M) | 203.3 M | 858 M | 870.8 M | 1 B | 1.1 B |
| GSL | 32.7 M | 9.1 M | 31.9 M | 32.5 M | 6.1 M | (28.9 M) | (65.1 M) | (74.3 M) | (57.4 M) | 39.8 M | 41.6 M | 171.5 M | 292.9 M | 304.5 M | 353.6 M | 406.7 M | 427 M |
Danaos and related stocks such as Costamare, Cadeler AS, and Navios Maritime Partners Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Danaos financial statement analysis. It represents the amount of money remaining after all of Danaos operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Danaos Competitive Analysis
The better you understand Danaos competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Danaos' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Danaos' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Danaos Competition Performance Charts
Five steps to successful analysis of Danaos Competition
Danaos' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Danaos in relation to its competition. Danaos' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Danaos in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Danaos' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Danaos, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Danaos Correlation with its peers. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Marine Transportation sector continue expanding? Could Danaos diversify its offerings? Factors like these will boost the valuation of Danaos. Projected growth potential of Danaos fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Danaos data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.129 | Dividend Share 3.45 | Earnings Share 25.14 | Revenue Per Share | Quarterly Revenue Growth 0.018 |
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Danaos' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Danaos should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Danaos' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.