Per Munck - Skjern Bank Executive

SKJE Stock  DKK 155.50  0.50  0.32%   

Executive

Mr. Per Urban Munck has served as Chief Executive Officer and Member of the Executive Board of Skjern Bank AS since November 1, 1999. He is also Member of the Board of Directors of Value Invest Luxembourg S.A., Foreningen Bankdata and Forvaltningsinstituttet for Lokale Pengeinstitutter. since 1999.
Age 69
Tenure 25 years
Phone45 96 82 13 33
Webhttps://www.skjernbank.dk

Skjern Bank Management Efficiency

The company has return on total asset (ROA) of 0.0142 % which means that it generated a profit of $0.0142 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.114 %, meaning that it generated $0.114 on every $100 dollars invested by stockholders. Skjern Bank's management efficiency ratios could be used to measure how well Skjern Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Skjern Bank AS has accumulated 264.92 M in total debt. Debt can assist Skjern Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Skjern Bank'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 Skjern Bank AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Skjern to invest in growth at high rates of return. When we think about Skjern Bank's use of debt, we should always consider it together with cash and equity.

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Skjern Bank AS provides financial services to private customers, business and institutional customers, and public companies in Denmark. The company was founded in 1906 and is based in Skjern, Denmark. Skjern Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. Skjern Bank AS (SKJE) is traded on Copenhagen Exchange in Denmark and employs 193 people.

Management Performance

Skjern Bank AS Leadership Team

Elected by the shareholders, the Skjern Bank's board of directors comprises two types of representatives: Skjern Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Skjern. The board's role is to monitor Skjern Bank's management team and ensure that shareholders' interests are well served. Skjern Bank'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, Skjern Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Per Munck, Member of The Executive Board and Banking Executive
Thomas Baun, CFO and Member of Management Board

Skjern 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 Skjern Bank 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 Skjern 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 Skjern 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 Skjern Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Skjern Stock

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Moving against Skjern Stock

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  0.69TRYG Tryg ASPairCorr
  0.31NDA-DK Nordea Bank AbpPairCorr
The ability to find closely correlated positions to Skjern 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 Skjern 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 Skjern 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 Skjern Bank AS to buy it.
The correlation of Skjern 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 Skjern Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skjern 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 Skjern 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Skjern Stock

Skjern Bank financial ratios help investors to determine whether Skjern 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 Skjern with respect to the benefits of owning Skjern Bank security.