Nel Asa Stock Net Income
| NLLSF Stock | USD 0.23 0.02 9.52% |
As of the 4th of March, Nel ASA secures the Risk Adjusted Performance of 0.026, downside deviation of 5.91, and Mean Deviation of 3.28. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nel ASA, as well as the relationship between them. Please verify Nel ASA jensen alpha, as well as the relationship between the potential upside and skewness to decide if Nel ASA is priced some-what accurately, providing market reflects its recent price of 0.23 per share. As Nel ASA appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.
Nel ASA's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nel ASA's valuation are provided below:Nel ASA does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Nel |
Nel ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nel ASA's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nel ASA.
| 12/04/2025 |
| 03/04/2026 |
If you would invest 0.00 in Nel ASA on December 4, 2025 and sell it all today you would earn a total of 0.00 from holding Nel ASA or generate 0.0% return on investment in Nel ASA over 90 days. Nel ASA is related to or competes with Glory, OC OerlikonAG, Savaria, Amada, Bird Construction, Transcontinental, and COSCO SHIPPING. Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy... More
Nel ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nel ASA's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nel ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.91 | |||
| Information Ratio | 0.0137 | |||
| Maximum Drawdown | 28.7 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 4.76 |
Nel ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nel ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nel ASA's standard deviation. In reality, there are many statistical measures that can use Nel ASA historical prices to predict the future Nel ASA's volatility.| Risk Adjusted Performance | 0.026 | |||
| Jensen Alpha | 0.1163 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0112 | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nel ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nel ASA March 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.026 | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 3.28 | |||
| Semi Deviation | 3.68 | |||
| Downside Deviation | 5.91 | |||
| Coefficient Of Variation | 4287.43 | |||
| Standard Deviation | 4.85 | |||
| Variance | 23.5 | |||
| Information Ratio | 0.0137 | |||
| Jensen Alpha | 0.1163 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0112 | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 28.7 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 4.76 | |||
| Downside Variance | 34.91 | |||
| Semi Variance | 13.54 | |||
| Expected Short fall | (5.81) | |||
| Skewness | 0.8795 | |||
| Kurtosis | 3.35 |
Nel ASA Backtested Returns
At this point, Nel ASA is out of control. Nel ASA has Sharpe Ratio of 0.0385, which conveys that the firm had a 0.0385 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nel ASA, which you can use to evaluate the volatility of the firm. Please verify Nel ASA's Mean Deviation of 3.28, downside deviation of 5.91, and Risk Adjusted Performance of 0.026 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Nel ASA has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nel ASA are expected to decrease at a much lower rate. During the bear market, Nel ASA is likely to outperform the market. Nel ASA right now secures a risk of 4.87%. Please verify Nel ASA sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Nel ASA will be following its current price movements.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Nel ASA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nel ASA time series from 4th of December 2025 to 18th of January 2026 and 18th of January 2026 to 4th of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nel ASA price movement. The serial correlation of -0.2 indicates that over 20.0% of current Nel ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Nel ASA reported net income of (1.67 Billion). This is 742.47% lower than that of the Industrials sector and significantly lower than that of the Specialty Industrial Machinery industry. The net income for all United States stocks is significantly higher than that of the company.
Nel Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nel ASA's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nel ASA could also be used in its relative valuation, which is a method of valuing Nel ASA by comparing valuation metrics of similar companies.Nel ASA is currently under evaluation in net income category among its peers.
Nel Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0822 | |||
| Profit Margin | (0.92) % | |||
| Operating Margin | (1.13) % | |||
| Current Valuation | 2.08 B | |||
| Shares Outstanding | 1.56 B | |||
| Shares Owned By Insiders | 0.24 % | |||
| Shares Owned By Institutions | 35.26 % | |||
| Price To Earning | 12.23 X | |||
| Price To Book | 4.05 X | |||
| Price To Sales | 3.05 X | |||
| Revenue | 753.1 M | |||
| Gross Profit | 201.4 M | |||
| EBITDA | (1.57 B) | |||
| Net Income | (1.67 B) | |||
| Cash And Equivalents | 3.52 B | |||
| Cash Per Share | 2.26 X | |||
| Total Debt | 23.19 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 5.67 X | |||
| Book Value Per Share | 3.98 X | |||
| Cash Flow From Operations | (449.46 M) | |||
| Earnings Per Share | (0.07) X | |||
| Number Of Employees | 576 | |||
| Beta | 1.09 | |||
| Market Capitalization | 2.8 B | |||
| Total Asset | 6.01 B | |||
| Z Score | 72.0 | |||
| Net Asset | 6.01 B |
About Nel ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nel ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nel ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nel ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.