Per Svenningsen - Dantax Chief Officer

DANT Stock  DKK 406.00  4.00  1.00%   

Insider

Per Svenningsen is Chief Officer of Dantax
Phone45 98 24 76 77
Webhttps://dantaxradio.dk

Dantax Management Efficiency

Dantax's management efficiency ratios could be used to measure how well Dantax manages its routine affairs as well as how well it operates its assets and liabilities.
Dantax has accumulated 16 K in total debt. Dantax has a current ratio of 14.86, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Dantax until it has trouble settling it off, either with new capital or with free cash flow. So, Dantax's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dantax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dantax to invest in growth at high rates of return. When we think about Dantax's use of debt, we should always consider it together with cash and equity.

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Dantax AS designs, develops, produces, and sells audio products under the Scansonic, Raidho, and Harmony brands. The company was founded in 1969 and is based in Pandrup, Denmark. Dantax AS operates under Household Appliances And Hardware classification in Denmark and is traded on Copenhagen Stock Exchange. Dantax (DANT) is traded on Copenhagen Exchange in Denmark and employs 12 people.

Management Performance

Dantax Leadership Team

Elected by the shareholders, the Dantax's board of directors comprises two types of representatives: Dantax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dantax. The board's role is to monitor Dantax's management team and ensure that shareholders' interests are well served. Dantax's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dantax's outside directors are responsible for providing unbiased perspectives on the board's policies.
Per Svenningsen, Chief Officer
Peter Jensen, CEO Director

Dantax Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Dantax a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.59PNDORA Pandora ASPairCorr
  0.33COLO-B Coloplast 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.