Sparekassen Financial Statements From 2010 to 2024
| SPKSJF Stock | DKK 211.50 1.50 0.71% |
Check Sparekassen Sjaelland financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sparekassen Sjaelland's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sparekassen financial statements analysis is a perfect complement when working with Sparekassen Sjaelland Valuation or Volatility modules.
Sparekassen |
Sparekassen Sjaelland Fyn AS Company Return On Equity Analysis
Sparekassen Sjaelland'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 Sparekassen Sjaelland Return On Equity | 0.0966 |
Most of Sparekassen Sjaelland'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, Sparekassen Sjaelland Fyn 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.
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Based on the latest financial disclosure, Sparekassen Sjaelland Fyn AS has a Return On Equity of 0.0966. This is 93.34% lower than that of the Banks sector and 98.75% lower than that of the Financials industry. The return on equity for all Denmark stocks is 131.16% lower than that of the firm.
Sparekassen Sjaelland Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sparekassen Sjaelland's current stock value. Our valuation model uses many indicators to compare Sparekassen Sjaelland value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparekassen Sjaelland competition to find correlations between indicators driving Sparekassen Sjaelland's intrinsic value. More Info.Sparekassen Sjaelland Fyn AS is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sparekassen Sjaelland Fyn AS is roughly 7.49 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sparekassen Sjaelland by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sparekassen Sjaelland'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 Sparekassen Sjaelland Financial Statements
Sparekassen Sjaelland stakeholders use historical fundamental indicators, such as Sparekassen Sjaelland's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sparekassen Sjaelland investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sparekassen Sjaelland's assets and liabilities are reflected in the revenues and expenses on Sparekassen Sjaelland's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sparekassen Sjaelland Fyn AS. Please read more on our technical analysis and fundamental analysis pages.
Sparekassen Sjlland-Fyn AS, a savings bank, provides banking products and services to private individuals and corporate customers. Sparekassen Sjlland-Fyn AS was founded in 1825 and is based in Holbk, Denmark. Sparekassen Sjlland operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 613 people.
Pair Trading with Sparekassen Sjaelland
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 Sparekassen Sjaelland 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 Sparekassen Sjaelland will appreciate offsetting losses from the drop in the long position's value.Moving against Sparekassen Stock
| 0.53 | DKINYM | Investeringsforeningen | PairCorr |
| 0.48 | MAJDKO | Maj Invest | PairCorr |
| 0.39 | DKIGLOVO | Danske Invest | PairCorr |
| 0.34 | ORPHA | Orphazyme AS | PairCorr |
The ability to find closely correlated positions to Sparekassen Sjaelland could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparekassen Sjaelland 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 Sparekassen Sjaelland - 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 Sparekassen Sjaelland Fyn AS to buy it.
The correlation of Sparekassen Sjaelland 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 Sparekassen Sjaelland moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparekassen Sjaelland 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 Sparekassen Sjaelland 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 Sparekassen Stock
Sparekassen Sjaelland financial ratios help investors to determine whether Sparekassen 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 Sparekassen with respect to the benefits of owning Sparekassen Sjaelland security.