NLS Return On Assets from 2010 to 2024

NLSP Stock  USD 1.98  0.02  1.00%   
NLS Pharmaceutics Return On Assets yearly trend continues to be relatively stable with very little volatility. Return On Assets are likely to drop to -6.92. Return On Assets is a profitability ratio that indicates the percentage of profit NLS Pharmaceutics AG earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(6.59)
Current Value
(6.92)
Quarterly Volatility
8.39762128
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NLS Pharmaceutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NLS Pharmaceutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.8 K, Interest Expense of 137.9 K or Selling General Administrative of 6.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. NLS financial statements analysis is a perfect complement when working with NLS Pharmaceutics Valuation or Volatility modules.
  
Check out the analysis of NLS Pharmaceutics Correlation against competitors.

Latest NLS Pharmaceutics' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of NLS Pharmaceutics AG over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. NLS Pharmaceutics' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NLS Pharmaceutics' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

NLS Return On Assets Regression Statistics

Arithmetic Mean(5.74)
Coefficient Of Variation(146.20)
Mean Deviation4.49
Median(2.91)
Standard Deviation8.40
Sample Variance70.52
Range33.562
R-Value(0.16)
Mean Square Error74.11
R-Squared0.02
Significance0.58
Slope(0.29)
Total Sum of Squares987.28

NLS Return On Assets History

2024 -6.92
2023 -6.59
2022 -1.78
2021 -2.07
2020 -2.36
2019 -7.82
2018 -35.34

About NLS Pharmaceutics Financial Statements

NLS Pharmaceutics shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although NLS Pharmaceutics investors may analyze each financial statement separately, they are all interrelated. The changes in NLS Pharmaceutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on NLS Pharmaceutics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets(6.59)(6.92)

Pair Trading with NLS Pharmaceutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NLS Pharmaceutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NLS Pharmaceutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with NLS Stock

  0.83VALN Valneva SE ADRPairCorr
  0.82ERNA Eterna TherapeuticsPairCorr

Moving against NLS Stock

  0.86BMY Bristol Myers SquibbPairCorr
  0.85ESPR Esperion TherapeuticsPairCorr
  0.74GILD Gilead SciencesPairCorr
  0.61DYAI Dyadic InternationalPairCorr
  0.45DNA Ginkgo Bioworks HoldingsPairCorr
The ability to find closely correlated positions to NLS Pharmaceutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NLS Pharmaceutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NLS Pharmaceutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NLS Pharmaceutics AG to buy it.
The correlation of NLS Pharmaceutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NLS Pharmaceutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NLS Pharmaceutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NLS Pharmaceutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for NLS Stock Analysis

When running NLS Pharmaceutics' price analysis, check to measure NLS Pharmaceutics' 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 NLS Pharmaceutics is operating at the current time. Most of NLS Pharmaceutics' value examination focuses on studying past and present price action to predict the probability of NLS Pharmaceutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLS Pharmaceutics' price. Additionally, you may evaluate how the addition of NLS Pharmaceutics to your portfolios can decrease your overall portfolio volatility.