Is Danaos Stock a Good Investment?

Danaos Investment Advice

DAC

To provide specific investment advice or recommendations on Danaos stock, we recommend investors consider the following general factors when evaluating Danaos. This will help you to make an informed decision on whether to include Danaos in one of your diversified portfolios:

Examine Danaos' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Danaos' leadership team and their track record. Good management can help Danaos navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Transportation space and any emerging trends that could impact Danaos' business and its evolving consumer preferences.
Compare Danaos' performance and market position to its competitors. Analyze how Danaos is positioned in terms of product offerings, innovation, and market share.
Check if Danaos pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Danaos' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Danaos stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Danaos is a good investment.

Sell

Buy

Strong Buy

Macroaxis provides advice on Danaos to complement and cross-verify current analyst consensus on Danaos. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Danaos is not overpriced, please confirm all Danaos fundamentals, including its price to sales, net income, and the relationship between the price to earning and gross profit . Given that Danaos has a price to earning of 8.42 X, we urge you to verify Danaos market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	OK	Details
Volatility	Very steady	Details
Hype Condition	Stale	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Not Available	Details
Reporting Quality (M-Score)	Unavailable	Details

Examine Danaos Stock

Researching Danaos' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 49.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.47. Some equities with similar Price to Book (P/B) outperform the market in the long run. Danaos has Price/Earnings To Growth (PEG) ratio of 0.52. The entity recorded earning per share (EPS) of 28.95. The firm last dividend was issued on the 27th of February 2024. Danaos had 1:14 split on the 2nd of May 2019.

To determine if Danaos is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Danaos' research are outlined below:

	About 49.0% of the company shares are held by company insiders
	Latest headline from finance.yahoo.com: 20 Most Greek States in the US

Danaos uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Danaos. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Danaos' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	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

Danaos' market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Danaos's market, we take the total number of its shares issued and multiply it by Danaos's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Danaos' profitablity analysis

Danaos' profitability indicators refer to fundamental financial ratios that showcase Danaos' ability to generate income relative to its revenue or operating costs. If, let's say, Danaos is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Danaos' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Danaos' profitability requires more research than a typical breakdown of Danaos' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

The company has Net Profit Margin of 0.59 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.53 %, which entails that for every 100 dollars of revenue, it generated $0.53 of operating income.

Determining Danaos' profitability involves analyzing its financial statements and using various financial metrics to determine if Danaos is a good buy. For example, gross profit margin measures Danaos' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Danaos' profitability and make more informed investment decisions.

The data published in Danaos' official financial statements usually reflect Danaos' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Danaos. For example, before you start analyzing numbers published by Danaos accountants, it's critical to develop an understanding of what Danaos' liquidity, profitability, and earnings quality are in the context of the Marine Transportation space in which it operates.

Please note, the presentation of Danaos' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Danaos' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Danaos' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Danaos. Please utilize our Beneish M Score to check the likelihood of Danaos' management manipulating its earnings.

Basic technical analysis of Danaos Stock

As of the 14th of May 2024, Danaos shows the Downside Deviation of 1.21, coefficient of variation of 644.46, and Mean Deviation of 0.9631. Danaos technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Danaos, which can be compared to its peers. Please confirm Danaos maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Danaos is priced favorably, providing market reflects its regular price of 83.25 per share. Given that Danaos has jensen alpha of 0.1446, we urge you to verify Danaos's prevailing market performance to make sure the company can sustain itself at a future point.

Understand Danaos' technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Danaos' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1011
	Market Risk Adjusted Performance	0.2765
	Mean Deviation	0.9631
	Semi Deviation	0.9702
	Downside Deviation	1.21
	Coefficient Of Variation	644.46
	Standard Deviation	1.31
	Variance	1.72
	Information Ratio	0.0962
	Jensen Alpha	0.1446
	Total Risk Alpha	0.0503
	Sortino Ratio	0.1046
	Treynor Ratio	0.2665
	Maximum Drawdown	6.13
	Value At Risk	(1.30)
	Potential Upside	2.5
	Downside Variance	1.46
	Semi Variance	0.9414
	Expected Short fall	(1.11)
	Skewness	(0.22)
	Kurtosis	1.69

	Risk Adjusted Performance	0.1011
	Market Risk Adjusted Performance	0.2765
	Mean Deviation	0.9631
	Semi Deviation	0.9702
	Downside Deviation	1.21
	Coefficient Of Variation	644.46
	Standard Deviation	1.31
	Variance	1.72
	Information Ratio	0.0962
	Jensen Alpha	0.1446
	Total Risk Alpha	0.0503
	Sortino Ratio	0.1046
	Treynor Ratio	0.2665
	Maximum Drawdown	6.13
	Value At Risk	(1.30)
	Potential Upside	2.5
	Downside Variance	1.46
	Semi Variance	0.9414
	Expected Short fall	(1.11)
	Skewness	(0.22)
	Kurtosis	1.69

Consider Danaos' intraday indicators

Danaos intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Danaos stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	1026.29
	Daily Balance Of Power	0.4057
	Rate Of Daily Change	1.01
	Day Median Price	83.34
	Day Typical Price	83.31
	Price Action Indicator	0.13
	Period Momentum Indicator	0.43
	Relative Strength Index	74.09

Danaos time-series forecasting models is one of many Danaos' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Danaos' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Danaos Stock media impact

Far too much social signal, news, headlines, and media speculation about Danaos that are available to investors today. That information is available publicly through Danaos media outlets and privately through word of mouth or via Danaos internal channels. However, regardless of the origin, that massive amount of Danaos data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Danaos news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Danaos relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Danaos' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Danaos alpha.

Danaos Historical Investor Sentiment

Investor biases related to Danaos' public news can be used to forecast risks associated with an investment in Danaos. The trend in average sentiment can be used to explain how an investor holding Danaos can time the market purely based on public headlines and social activities around Danaos. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Danaos' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Danaos and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Danaos news discussions. The higher the estimate score, the more favorable the investor's outlook on Danaos.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Danaos without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Danaos Corporate Directors

Danaos corporate directors refer to members of a Danaos board of directors. The board of directors generally takes responsibility for the Danaos' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Danaos' board members must vote for the resolution. The Danaos board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

William Repko	Independent Director	Profile
Miklos KonkolyThege	Independent Director	Profile
Iraklis Prokopakis	COO, Sr. VP, Treasurer, Director, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee	Profile
Dimitris Vastarouchas	Deputy Chief Operating Officer, Technical Director	Profile

How to buy Danaos Stock?

Examine Danaos' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Danaos' leadership team and their track record. Good management can help Danaos navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Transportation space and any emerging trends that could impact Danaos' business and its evolving consumer preferences.
Compare Danaos' performance and market position to its competitors. Analyze how Danaos is positioned in terms of product offerings, innovation, and market share.
Check if Danaos pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Danaos' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in Danaos?

The danger of trading Danaos is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Danaos is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Danaos. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Danaos is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Danaos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Danaos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Danaos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Danaos Stock: