Nokia Corp Adr Stock Performance

NOK Stock  USD 3.54  0.06  1.67%   
Nokia Corp has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.52, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nokia Corp will likely underperform. Nokia Corp ADR right now secures a risk of 2.29%. Please verify Nokia Corp ADR semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Nokia Corp ADR will be following its current price movements.

Risk-Adjusted Performance

3 of 100

 
Low
 
High
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nokia Corp ADR are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady basic indicators, Nokia Corp may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more

Actual Historical Performance (%)

One Day Return
(1.67)
Five Day Return
(0.84)
Year To Date Return
3.81
Ten Year Return
(51.77)
All Time Return
168.18
Forward Dividend Yield
0.0363
Payout Ratio
0.6533
Last Split Factor
4:1
Forward Dividend Rate
0.13
Dividend Date
2024-02-13
 
Nokia Corp dividend paid on 13th of February 2024
02/13/2024
1
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2
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3
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03/19/2024
4
Aurskog Sparebank Ekskl. utbytte NOK 15,00 i dag
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5
Massive MIMO Market Size is Expected to Reach 63.6 Billion by 2032 Nokia, ZTE Corporation, Deutsche Telekom
03/22/2024
6
Nokia Corporation Repurchase of own shares on 25.03.2024
03/25/2024
7
Nokia Gains As Market Dips What You Should Know
03/26/2024
8
Nokia Oyj Omien osakkeiden takaisinosto 27.03.2024
03/27/2024
Begin Period Cash Flow5.5 B
  

Nokia Corp Relative Risk vs. Return Landscape

If you would invest  338.00  in Nokia Corp ADR on December 30, 2023 and sell it today you would earn a total of  16.00  from holding Nokia Corp ADR or generate 4.73% return on investment over 90 days. Nokia Corp ADR is generating 0.101% of daily returns assuming volatility of 2.2894% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than Nokia, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon Nokia Corp is expected to generate 1.38 times less return on investment than the market. In addition to that, the company is 4.0 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

Nokia Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nokia Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nokia Corp ADR, and traders can use it to determine the average amount a Nokia Corp'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 = 0.0441

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Estimated Market Risk

 2.29
  actual daily
20
80% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Nokia Corp is performing at about 3% 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 Nokia Corp by adding it to a well-diversified portfolio.

Nokia Corp Fundamentals Growth

Nokia Stock prices reflect investors' perceptions of the future prospects and financial health of Nokia Corp, and Nokia Corp 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 Nokia Stock performance.

About Nokia Corp Performance

To evaluate Nokia Corp ADR Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nokia Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Nokia Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nokia Corp ADR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nokia's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.06  0.06 
Return On Assets 0.01  0.01 
Return On Equity 0.03  0.03 

Things to note about Nokia Corp ADR performance evaluation

Checking the ongoing alerts about Nokia Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nokia Corp ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
On 13th of February 2024 Nokia Corp paid $ 0.0326 per share dividend to its current shareholders
Latest headline from globenewswire.com: Nokia Oyj Omien osakkeiden takaisinosto 27.03.2024
Evaluating Nokia Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nokia Corp's stock performance include:
  • Analyzing Nokia Corp'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 Nokia Corp's stock is overvalued or undervalued compared to its peers.
  • Examining Nokia Corp'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 Nokia Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nokia Corp's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Nokia Corp's stock. These opinions can provide insight into Nokia Corp's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nokia Corp's stock performance is not an exact science, and many factors can impact Nokia Corp's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Nokia Corp's price analysis, check to measure Nokia Corp'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 Nokia Corp is operating at the current time. Most of Nokia Corp's value examination focuses on studying past and present price action to predict the probability of Nokia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia Corp's price. Additionally, you may evaluate how the addition of Nokia Corp to your portfolios can decrease your overall portfolio volatility.
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Is Nokia Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Dividend Share
0.13
Revenue Per Share
4.011
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0307
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.