Nordea Bank Return On Equity vs. Shares Outstanding
| NDA-DK Stock | 78.66 0.18 0.23% |
For Nordea Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nordea Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nordea Bank Abp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nordea Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nordea Bank Abp over time as well as its relative position and ranking within its peers.
Nordea |
Nordea Bank Abp Shares Outstanding vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nordea Bank's current stock value. Our valuation model uses many indicators to compare Nordea Bank value to that of its competitors to determine the firm's financial worth. Nordea Bank Abp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 32,685,560,144 of Shares Outstanding per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nordea Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nordea 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.Nordea Shares Outstanding vs. Return On Equity
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.
Nordea Bank |
| = | 0.11 |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Nordea Bank |
| = | 3.62 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Nordea Shares Outstanding Comparison
Nordea Bank is currently under evaluation in shares outstanding category among its peers.
Nordea Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nordea Bank. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nordea Bank position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nordea Bank's important profitability drivers and their relationship over time.
Use Nordea Bank in pair-trading
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 Nordea 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 Nordea Bank will appreciate offsetting losses from the drop in the long position's value.Nordea Bank Pair Trading
Nordea Bank Abp Pair Trading Analysis
The ability to find closely correlated positions to Nordea 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 Nordea 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 Nordea 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 Nordea Bank Abp to buy it.
The correlation of Nordea 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 Nordea Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordea Bank Abp 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 Nordea 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.Use Investing Themes to Complement your Nordea Bank position
In addition to having Nordea Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
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Other Information on Investing in Nordea Stock
To fully project Nordea Bank's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nordea Bank Abp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nordea Bank's income statement, its balance sheet, and the statement of cash flows.