Vestjysk Financial Statements From 2010 to 2024
| VJBA Stock | DKK 4.11 0.01 0.24% |
Check Vestjysk Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vestjysk Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Vestjysk financial statements analysis is a perfect complement when working with Vestjysk Bank Valuation or Volatility modules.
Vestjysk |
Vestjysk Bank AS Company Return On Equity Analysis
Vestjysk 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 Vestjysk Bank Return On Equity | 0.096 |
Most of Vestjysk 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, Vestjysk 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, Vestjysk Bank AS has a Return On Equity of 0.096. This is 93.38% lower than that of the Banks sector and 98.76% lower than that of the Financials industry. The return on equity for all Denmark stocks is 130.97% lower than that of the firm.
Vestjysk Bank AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vestjysk Bank's current stock value. Our valuation model uses many indicators to compare Vestjysk Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vestjysk Bank competition to find correlations between indicators driving Vestjysk Bank's intrinsic value. More Info.Vestjysk Bank AS is rated first in return on equity category among its peers. It is rated first 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 Vestjysk Bank AS is roughly 7.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vestjysk Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vestjysk 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 Vestjysk Bank Financial Statements
Vestjysk Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Vestjysk 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.
Vestjysk Bank AS provides banking products and services for retail and business customers in Jutland, Denmark. The company was founded in 1887 and is based in Lemvig, Denmark. Vestjysk Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 370 people.
Pair Trading with Vestjysk 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 Vestjysk 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 Vestjysk Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Vestjysk Stock
Moving against Vestjysk Stock
| 0.62 | MAJDKO | Maj Invest | PairCorr |
| 0.6 | MAJPEN | Maj Invest Pension | PairCorr |
| 0.58 | DKINYM | Investeringsforeningen | PairCorr |
| 0.57 | DKIGLOVO | Danske Invest | PairCorr |
The ability to find closely correlated positions to Vestjysk 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 Vestjysk 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 Vestjysk 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 Vestjysk Bank AS to buy it.
The correlation of Vestjysk 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 Vestjysk Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vestjysk 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 Vestjysk 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 Vestjysk Stock
Vestjysk Bank financial ratios help investors to determine whether Vestjysk 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 Vestjysk with respect to the benefits of owning Vestjysk Bank security.