Nokia Short Ratio

  

Short Ratio Analysis

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Nokia 
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
 = 
3.24 times

Distress Driver Correlations

About Short Ratio

The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Compare Nokia to competition

Nokia Short Ratio Assessment

Ratio  
Benchmark  Embed   Nokia Comparables 
Based on latest financial disclosure Nokia Corporation has Short Ratio of 3.24 times. This is 7.64% higher than that of the Technology sector, and 17.82% higher than that of Communication Equipment industry, The Short Ratio for all stocks is 76.09% lower than the firm.
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Found 10 equities by Short Ratio
ERIC-B STOEricsson
0.0 times
QCOM NMSQUALCOMM Incorporated
1.68 times
NOK NYQNokia Corporation
3.24 times
HRS NYQHarris Corporation
3.09 times
VOC ASXVocus Communications Limited
0.0 times
CIEN NYQCiena Corporation
5.18 times
AGCNET NSEAGC Networks Limited
0.0 times
INFN NMSInfinera Corporation
3.34 times
PLCM NMSPolycom Inc
2.1 times
VIAV NMSViavi Solutions Inc
3.9 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Nokia Short Ratio Comparison
Short Ratio  
Benchmark  Embed   Nokia Comparables 
Nokia is regarded fourth in short ratio category among related companies.
Return On Equity2.60 %
Return On Asset1.48 %
Profit Margin11.79 %
Operating Margin5.40 %
Current Valuation19.6 B
Shares Outstanding5.65 B
Number of Shares Shorted26.61 M
Price to Earning15.24 times
Price to Book1.24 times
Price to Sales1.70 times
Revenue17.17 B
Gross Profit5.92 B
EBITDA1.62 B
Net Income564.4 M
Cash and Equivalents14.5 B
Cash per Share2.57 times
Total Debt4.83 B
Debt to Equity0.19 times
Current Ratio1.87 times
Book Value Per Share4.18 times
Cash Flow from Operations(999.96 M)
Short Ratio3.24 times
One Year High7.63
One Year Low5.11
Earnings Per Share0.49 times
Price to Earnings To Growth1.26 times
Number of Employees55.72 K
Beta1.46
Market Capitalization29.27 B
Total Asset22.73 B
Retained Earnings6.82 B
Working Capital10.25 B
Current Asset17.19 B
Current Liabilities6.94 B
Z Score3.6