Nel ASA Financials
| NLLSF Stock | USD 0.28 0.01 3.70% |
Nel |
Understanding current and past Nel ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nel ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Nel ASA's assets may result in an increase in income on the income statement.
Nel ASA Stock Summary
Nel ASA competes with Atlas Copco. Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway. NEL ASA is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | NO0010081235 |
| Business Address | Karenslyst all 49, |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Benchmark | Dow Jones Industrial |
| Website | nelhydrogen.com |
| Phone | 47 23 24 89 50 |
| Currency | USD - US Dollar |
Nel ASA Key Financial Ratios
There are many critical financial ratios that Nel ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nel ASA reports annually and quarterly.| Return On Equity | -0.12 | |||
| Return On Asset | -0.0822 | |||
| Number Of Employees | 576 | |||
| Beta | 1.09 | |||
| Z Score | 72.0 |
Nel Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nel ASA's current stock value. Our valuation model uses many indicators to compare Nel ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nel ASA competition to find correlations between indicators driving Nel ASA's intrinsic value. More Info.Nel ASA 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 return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nel ASA's earnings, one of the primary drivers of an investment's value.Nel ASA Systematic Risk
Nel ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nel ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Nel ASA correlated with the market. If Beta is less than 0 Nel ASA generally moves in the opposite direction as compared to the market. If Nel ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nel ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nel ASA is generally in the same direction as the market. If Beta > 1 Nel ASA moves generally in the same direction as, but more than the movement of the benchmark.
Nel ASA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nel ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nel ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nel ASA based on widely used predictive technical indicators. In general, we focus on analyzing Nel Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nel ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 22.74 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 6.25 |
Complementary Tools for Nel Pink Sheet analysis
When running Nel ASA's price analysis, check to measure Nel ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nel ASA is operating at the current time. Most of Nel ASA's value examination focuses on studying past and present price action to predict the probability of Nel ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nel ASA's price. Additionally, you may evaluate how the addition of Nel ASA to your portfolios can decrease your overall portfolio volatility.
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