Nokia Corp Adr Stock Price on March 18, 2021

NOK Stock  USD 3.54  0.06  1.67%   
Below is the normalized historical share price chart for Nokia Corp ADR extending back to July 01, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nokia Corp stands at 3.54, as last reported on the 28th of March, with the highest price reaching 3.60 and the lowest price hitting 3.54 during the day.
IPO Date
3rd of January 1994
200 Day MA
3.6706
50 Day MA
3.5726
Beta
0.695
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nokia Stock, it is important to understand the factors that can impact its price. We consider Nokia Corp slightly risky. Nokia Corp ADR has Sharpe Ratio of 0.0417, which conveys that the firm had a 0.0417% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nokia Corp, which you can use to evaluate the volatility of the firm. Please verify Nokia Corp's Downside Deviation of 1.98, mean deviation of 1.4, and Risk Adjusted Performance of 0.0523 to check out if the risk estimate we provide is consistent with the expected return of 0.0946%.
  
At this time, Nokia Corp's Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 212.1 M this year, although the value of Total Stockholder Equity will most likely fall to about 13.4 B. . The value of Price Earnings Ratio is estimated to slide to 24.53. The value of Price To Sales Ratio is estimated to slide to 0.73. Nokia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0417

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 0.09
  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.
Price Book
0.8786
Enterprise Value Ebitda
5.58
Price Sales
0.9042
Shares Float
4.5 B
Dividend Share
0.13

Nokia Corp Valuation on March 18, 2021

It is possible to determine the worth of Nokia Corp on a given historical date. On March 18, 2021 Nokia was worth 5.05 at the beginning of the trading date compared to the closed value of 4.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nokia Corp stock. Still, in general, we apply an absolute valuation method to find Nokia Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nokia Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nokia Corp's related companies.
 Open High Low Close Volume
03/14/2022
  5.05    5.10    4.69    4.69    36,673,617  
  5.07    5.10    4.76    4.76    26,503,778  
Backtest Nokia Corp  |  Nokia Corp History  |  Nokia Corp Valuation Next  
Open Value
5.05
4.69
Closing Value
11.86
Upside

Nokia Corp Trading Date Momentum on March 18, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Nokia Corp ADR Fundamentals Correlations and Trends

By evaluating Nokia Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nokia Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nokia financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nokia Corp Stock history

Nokia Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nokia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nokia Corp ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nokia Corp stock prices may prove useful in developing a viable investing in Nokia Corp
Last ReportedProjected for 2024
Common Stock Shares Outstanding5.6 BB
Net Income Applicable To Common Shares3.8 BB

Nokia Corp Quarterly Net Working Capital

7.23 Billion

Nokia Corp Stock Technical Analysis

Nokia Corp 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.
A focus of Nokia Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nokia Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nokia Corp Period Price Range

Low
March 14, 2022
High

 5.05 

  

 4.69 

-0.36-7.13%

Nokia Corp March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Nokia Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nokia Corp shares will generate the highest return on investment. By undertsting and applying Nokia Corp stock market strength indicators, traders can identify Nokia Corp ADR entry and exit signals to maximize returns

Nokia Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nokia Corp's price direction in advance. Along with the technical and fundamental analysis of Nokia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nokia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Nokia Stock analysis

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.