Nel ASA (Germany) Performance
| D7G Stock | EUR 0.24 0.04 14.29% |
On a scale of 0 to 100, Nel ASA holds a performance score of 2. The company secures a Beta (Market Risk) of -0.85, 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. Please check Nel ASA's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Nel ASA's current price movements will revert.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nel ASA are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Nel ASA reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.3 B | |
| Total Cashflows From Investing Activities | -373.6 M |
Nel |
Nel ASA Relative Risk vs. Return Landscape
If you would invest 26.00 in Nel ASA on December 19, 2024 and sell it today you would lose (2.00) from holding Nel ASA or give up 7.69% of portfolio value over 90 days. Nel ASA is currently producing 0.2909% returns and takes up 10.1017% volatility of returns over 90 trading days. Put another way, 90% of traded stocks are less volatile than Nel, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nel ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nel ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nel ASA, and traders can use it to determine the average amount a Nel ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0288
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 10.1 actual daily | 90 90% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nel ASA is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nel ASA by adding it to a well-diversified portfolio.
Nel ASA Fundamentals Growth
Nel Stock prices reflect investors' perceptions of the future prospects and financial health of Nel ASA, and Nel ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nel Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0822 | |||
| Current Valuation | 1.97 B | |||
| Shares Outstanding | 1.56 B | |||
| Price To Earning | 17.92 X | |||
| Price To Book | 3.93 X | |||
| Price To Sales | 2.77 X | |||
| Revenue | 753.1 M | |||
| EBITDA | (1.57 B) | |||
| Cash And Equivalents | 3.07 B | |||
| Cash Per Share | 2.11 X | |||
| Total Debt | 23.19 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 3.98 X | |||
| Cash Flow From Operations | (449.46 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 6.01 B | |||
About Nel ASA Performance
By analyzing Nel ASA's fundamental ratios, stakeholders can gain valuable insights into Nel ASA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nel ASA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nel ASA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 Frankfurt Stock Exchange in Germany.Things to note about Nel ASA performance evaluation
Checking the ongoing alerts about Nel ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nel ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nel ASA had very high historical volatility over the last 90 days | |
| Nel ASA has some characteristics of a very speculative penny stock | |
| 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 408.77 M. | |
| Nel ASA has accumulated about 3.07 B in cash with (449.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Nel ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nel ASA's stock is overvalued or undervalued compared to its peers.
- Examining Nel ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nel ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nel ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nel ASA's stock. These opinions can provide insight into Nel ASA's potential for growth and whether the stock is currently undervalued or overvalued.
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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