Danaos Stock Alpha and Beta Analysis
| DAC Stock | USD 84.61 0.76 0.89% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Danaos. It also helps investors analyze the systematic and unsystematic risks associated with investing in Danaos over a specified time horizon. Remember, high Danaos' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Danaos' market risk premium analysis include:
Beta 0.3 | Alpha 0.015 | Risk 1.48 | Sharpe Ratio 0.0334 | Expected Return 0.0493 |
Danaos Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Danaos |
Danaos Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Danaos market risk premium is the additional return an investor will receive from holding Danaos long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Danaos. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Danaos' performance over market.| α | 0.02 | β | 0.30 |
Danaos expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Danaos' Buy-and-hold return. Our buy-and-hold chart shows how Danaos performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Danaos Market Price Analysis
Market price analysis indicators help investors to evaluate how Danaos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danaos shares will generate the highest return on investment. By understating and applying Danaos stock market price indicators, traders can identify Danaos position entry and exit signals to maximize returns.
Danaos Return and Market Media
The median price of Danaos for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 82.54 with a coefficient of variation of 3.44. The daily time series for the period is distributed with a sample standard deviation of 2.86, arithmetic mean of 82.91, and mean deviation of 2.32. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Danaos dividend paid on 29th of August 2024 | 08/29/2024 |
1 | Danaos earnings growth rate lags the 61 percent CAGR delivered to shareholders | 09/09/2024 |
2 | KBRA Receives Notice of Sale of Two Properties in Agora Securities UK 2021 DAC | 10/22/2024 |
3 | Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast | 10/31/2024 |
4 | Is the Options Market Predicting a Spike in Danaos Stock | 11/01/2024 |
5 | Occidental, Skyworks, Zoominfo set to report earnings Tuesday | 11/11/2024 |
6 | Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2024 | 11/12/2024 |
7 | Danaos Buy Rating Reiterated at Jefferies Financial Group | 11/13/2024 |
8 | KBRA Assigns Preliminary Ratings to Shamrock Residential 2024-1 DAC | 11/14/2024 |
9 | Danaos Posts Earnings Results | 11/15/2024 |
10 | Oppenheimer Co. Inc. Invests 935,000 in Danaos Co. - MarketBeat | 11/20/2024 |
About Danaos Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Danaos or other stocks. Alpha measures the amount that position in Danaos has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.041 | 0.0389 | Price To Sales Ratio | 1.56 | 2.07 |
Danaos Upcoming Company Events
As portrayed in its financial statements, the presentation of Danaos' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Danaos' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Danaos' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Danaos. Please utilize our Beneish M Score to check the likelihood of Danaos' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Danaos Backtesting, Danaos Valuation, Danaos Correlation, Danaos Hype Analysis, Danaos Volatility, Danaos History and analyze Danaos Performance. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Danaos technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.