Jyske Financial Statements From 2010 to 2024
| JYSK Stock | DKK 485.00 5.60 1.14% |
Check Jyske Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jyske Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Jyske financial statements analysis is a perfect complement when working with Jyske Bank Valuation or Volatility modules.
Jyske |
Jyske Bank AS Company Return On Asset Analysis
Jyske Bank'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 Jyske Bank Return On Asset | 0.0044 |
Most of Jyske Bank'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, Jyske Bank 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, Jyske Bank AS has a Return On Asset of 0.0044. This is 100.94% lower than that of the Banks sector and 99.34% lower than that of the Financials industry. The return on asset for all Denmark stocks is 103.14% lower than that of the firm.
Jyske Bank AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jyske Bank's current stock value. Our valuation model uses many indicators to compare Jyske Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jyske Bank competition to find correlations between indicators driving Jyske Bank's intrinsic value. More Info.Jyske Bank AS is rated second overall in return on equity category among its peers. It also is rated second overall in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Jyske Bank AS is roughly 17.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Jyske Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jyske 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 Jyske Bank Financial Statements
Jyske Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Jyske 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.
Jyske Bank AS provides a range of financial solutions to personal, corporate, private banking, and institutional clients in Denmark. The company was founded in 1967 and is based in Silkeborg, Denmark. Jyske Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 3684 people.
Pair Trading with Jyske 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 Jyske 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 Jyske Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Jyske Stock
| 0.74 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.84 | VJBA | Vestjysk Bank AS | PairCorr |
| 0.74 | VWS | Vestas Wind Systems | PairCorr |
Moving against Jyske Stock
The ability to find closely correlated positions to Jyske 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 Jyske 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 Jyske 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 Jyske Bank AS to buy it.
The correlation of Jyske 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 Jyske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jyske 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 Jyske 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 Jyske Stock
Jyske Bank financial ratios help investors to determine whether Jyske 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 Jyske with respect to the benefits of owning Jyske Bank security.