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UEFA EURO 2020: CZECH REPUBLIC vs DENMARK

EELCO UBBELS

CONSULTANT

ALPHA RESEARCH

Score prediction: CZECH REPUBLIC 1 – DENMARK 0

INVESTMENT INSIGHT:

By beating the Netherlands, the Czech Republic clearly took advantage of the statistical disadvantage, which became a psychological advantage. Although it was thought the team of the Netherlands was stronger, they were ultimately outplayed.

Denmark is the opponent in the coming match. The Danish OMX index consists of well-known names like Nordea Bank, Danske Bank and Vestas. Many ESG investors know Vestas for its wind turbine solutions and services. The Czech Republic makes us think of Skoda and the Trezor.

Making the step from investing to football analysis, we start with a quantitative screening. Denmark and the Czech Republic are not far apart in the UEFA country ranking. Denmark is a little higher than the Czech Republic, but this difference is not significant.

Looking at the bookmakers, the majority thinks Denmark will win. Looking at the past 20 years, it is interesting to note that the Czech Republic won twice, lost three times, and six times the match ended in a draw.

One thing we know for sure: this match will not end in a draw. A win or a loss is for sure. Denmark and the Czech Republic are evenly matched, and this match will be exciting!

Closing off with a quote by Johan Cruijff: “Bad luck, that’s what you get with a negative attitude, and luck is what you get with a positive attitude.”

JOHNNY MADSEN

CHIEF INVESTMENT OFFICER

FORMUE- & INVESTERINGSPLEJE

Score prediction: CZECH REPUBLIC 0 – DENMARK 1

INVESTMENT INSIGHT:

Flexicurity – the famous Danish labour market model – means that employers can easily hire and fire to adjust to the needs of the market place.

At the same time, employees have a secure safety net in-between jobs. The flexible labour market and reliable safety net have helped make globalisation more palatable for the Danes – they feel confident that if one job disappears, another is likely to arise in its place.

This also means Danes feel comfortable changing jobs in order to advance their careers. Each year, about 25% of the Danes who work in the private industry change jobs.

The ease of hiring and firing also make Danish employers more willing to take a chance on people who might otherwise be left outside the labour market. And it also makes it more attractive for foreign companies to invest in a Danish subsidiary.

Kirsten Hastings

Kirsten is international editor of Expert Investor and International Adviser. She joined Last Word Media in October 2015. Kirsten has a Masters in Financial Journalism from the...