Nel Asa Stock Buy Hold or Sell Recommendation
| NLLSF Stock | USD 0.29 0.02 6.45% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Nel ASA is 'Cautious Hold'. Macroaxis provides Nel ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Nel ASA positions.
Check out Nel ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nel and provide practical buy, sell, or hold advice based on investors' constraints. Nel ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Nel |
Execute Nel ASA Buy or Sell Advice
The Nel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nel ASA. Macroaxis does not own or have any residual interests in Nel ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nel ASA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nel ASA Trading Alerts and Improvement Suggestions
| Nel ASA generated a negative expected return over the last 90 days | |
| Nel ASA has some characteristics of a very speculative penny stock | |
| Nel ASA has high historical volatility and very poor performance | |
| The company reported the revenue of 753.1 M. Net Loss for the year was (1.67 B) with profit before overhead, payroll, taxes, and interest of 201.4 M. | |
| Nel ASA has accumulated about 3.52 B in cash with (449.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Nel ASA Returns Distribution Density
The distribution of Nel ASA's historical returns is an attempt to chart the uncertainty of Nel ASA's future price movements. The chart of the probability distribution of Nel ASA daily returns describes the distribution of returns around its average expected value. We use Nel ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nel ASA returns is essential to provide solid investment advice for Nel ASA.
| Mean Return | -0.86 | Value At Risk | -8.33 | Potential Upside | 6.25 | Standard Deviation | 4.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nel ASA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nel ASA Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nel ASA or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nel ASA's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nel pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 4.58 | |
Ir | Information ratio | -0.21 |
Nel ASA Volatility Alert
Nel ASA exhibits very low volatility with skewness of 0.04 and kurtosis of 0.43. Nel ASA is a potential penny stock. Although Nel ASA may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Nel ASA. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Nel instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Nel ASA Fundamentals Vs Peers
Comparing Nel ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nel ASA's direct or indirect competition across all of the common fundamentals between Nel ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nel ASA or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Nel ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nel ASA by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nel ASA to competition |
| Fundamentals | Nel ASA | Peer Average |
| Return On Equity | -0.12 | -0.31 |
| Return On Asset | -0.0822 | -0.14 |
| Profit Margin | (0.92) % | (1.27) % |
| Operating Margin | (1.13) % | (5.51) % |
| Current Valuation | 2.08 B | 16.62 B |
| Shares Outstanding | 1.56 B | 571.82 M |
| Shares Owned By Insiders | 0.24 % | 10.09 % |
| Shares Owned By Institutions | 35.26 % | 39.21 % |
| Price To Earning | 12.23 X | 28.72 X |
| Price To Book | 4.05 X | 9.51 X |
| Price To Sales | 3.05 X | 11.42 X |
| Revenue | 753.1 M | 9.43 B |
| Gross Profit | 201.4 M | 27.38 B |
| EBITDA | (1.57 B) | 3.9 B |
| Net Income | (1.67 B) | 570.98 M |
| Cash And Equivalents | 3.52 B | 2.7 B |
| Cash Per Share | 2.26 X | 5.01 X |
| Total Debt | 23.19 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 5.67 X | 2.16 X |
| Book Value Per Share | 3.98 X | 1.93 K |
| Cash Flow From Operations | (449.46 M) | 971.22 M |
| Earnings Per Share | (0.07) X | 3.12 X |
| Number Of Employees | 576 | 18.84 K |
| Beta | 1.09 | -0.15 |
| Market Capitalization | 2.8 B | 19.03 B |
| Total Asset | 6.01 B | 29.47 B |
| Z Score | 72.0 | 8.72 |
| Net Asset | 6.01 B |
Nel ASA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nel ASA Buy or Sell Advice
When is the right time to buy or sell Nel ASA? Buying financial instruments such as Nel Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Nel ASA 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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Other Information on Investing in Nel Pink Sheet
Nel ASA financial ratios help investors to determine whether Nel Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nel with respect to the benefits of owning Nel ASA security.