Nel ASA (Germany) Technical Analysis
| D7G Stock | EUR 0.17 0.01 5.56% |
As of the 4th of March, Nel ASA secures the Mean Deviation of 1.93, risk adjusted performance of (0.04), and Standard Deviation of 3.09. Nel ASA technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Nel ASA treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Nel ASA is priced some-what accurately, providing market reflects its recent price of 0.17 per share.
Nel ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NelNel |
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 stock 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 Berkshire Hathaway, Chocoladefabriken, Seaboard, NVR, WHITE MTNS, HAMMONIA Schiffsholding, and Lotus Bakeries. 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 stock 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.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.26 |
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 | (0.04) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.29) |
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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (1,554) | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.55 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.26 | |||
| Skewness | 0.0792 | |||
| Kurtosis | (0) |
Nel ASA Backtested Returns
Nel ASA has Sharpe Ratio of -0.0721, which conveys that the firm had a -0.0721 % return per unit of risk over the last 3 months. Nel ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nel ASA's Mean Deviation of 1.93, standard deviation of 3.09, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nel ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nel ASA is expected to be smaller as well. At this point, Nel ASA has a negative expected return of -0.23%. Please make sure to verify Nel ASA's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Nel ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Nel ASA has poor 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 0.25 indicates that over 25.0% of current Nel ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nel ASA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Nel ASA Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Nel ASA across different markets.
About Nel ASA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nel ASA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nel ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nel ASA price pattern first instead of the macroeconomic environment surrounding Nel ASA. By analyzing Nel ASA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nel ASA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nel ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2025 | 2026 (projected) | Dividend Yield | 0.16 | 0.15 | Price To Sales Ratio | 4.18 | 3.97 |
Nel ASA March 4, 2026 Technical Indicators
Most technical analysis of Nel help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nel from various momentum indicators to cycle indicators. When you analyze Nel charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (1,554) | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.55 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.26 | |||
| Skewness | 0.0792 | |||
| Kurtosis | (0) |
Nel ASA March 4, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Nel stock. With literally thousands of 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.
| Accumulation Distribution | 37,375 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 0.18 | ||
| Day Typical Price | 0.17 | ||
| Price Action Indicator | (0.01) |
Complementary Tools for Nel Stock 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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