Nokia Corp Adr Stock Performance
| NOK Stock | USD 3.68 0.01 0.27% |
Nokia Corp has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.64, 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 2.41%. 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
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nokia Corp ADR are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating basic indicators, Nokia Corp may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return (0.27) | Five Day Return 9.2 | Year To Date Return 7.91 | Ten Year Return (49.59) | All Time Return 178.78 |
Forward Dividend Yield 0.0462 | Payout Ratio 0.3491 | Last Split Factor 4:1 | Forward Dividend Rate 0.17 | Dividend Date 2024-05-08 |
| Nokia Corp dividend paid on 13th of February 2024 | 02/13/2024 |
1 | Nokia Oyj Omien osakkeiden takaisinosto 03.04.2024 | 04/03/2024 |
2 | Nokia Corporation Repurchase of own shares on 08.04.2024 | 04/08/2024 |
3 | Nokia Corporation - Managers transactions | 04/11/2024 |
4 | NORBIT - NOK 160 million order for delivery of On-Board Units | 04/16/2024 |
5 | Nokia and nbn show worlds first 10G, 25G, 50G and 100G speeds over live fiber broadband network | 04/17/2024 |
6 | Nokia Corporation Repurchase of own shares on 18.04.2024 | 04/18/2024 |
7 | Citi raises Nokia stock target, maintains Sell rating | 04/19/2024 |
8 | Nokia Corporation Repurchase of own shares on 22.04.2024 | 04/22/2024 |
| Begin Period Cash Flow | 5.5 B |
Nokia |
Nokia Corp Relative Risk vs. Return Landscape
If you would invest 334.00 in Nokia Corp ADR on January 24, 2024 and sell it today you would earn a total of 34.00 from holding Nokia Corp ADR or generate 10.18% return on investment over 90 days. Nokia Corp ADR is generating 0.182% of daily returns assuming volatility of 2.4124% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Nokia, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
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 = 0.0754
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NOK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nokia Corp is performing at about 5% 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.
| Return On Equity | 0.0386 | ||||
| Return On Asset | 0.033 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 16.83 B | ||||
| Shares Outstanding | 5.53 B | ||||
| Price To Earning | 14.80 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 0.85 X | ||||
| Revenue | 22.26 B | ||||
| Gross Profit | 10.31 B | ||||
| EBITDA | 3.23 B | ||||
| Net Income | 665 M | ||||
| Cash And Equivalents | 5.47 B | ||||
| Cash Per Share | 1.70 X | ||||
| Total Debt | 5.19 B | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 1.53 X | ||||
| Book Value Per Share | 3.83 X | ||||
| Cash Flow From Operations | 1.32 B | ||||
| Earnings Per Share | 0.16 X | ||||
| Market Capitalization | 20.5 B | ||||
| Total Asset | 44.66 B | ||||
| Retained Earnings | 1.4 B | ||||
| Working Capital | 7.23 B | ||||
| Current Asset | 15.82 B | ||||
| Current Liabilities | 6.39 B | ||||
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 Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 73.96 | 41.61 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| 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.| Latest headline from finance.yahoo.com: Nokia Corporation Repurchase of own shares on 22.04.2024 |
- 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.
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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 0.576 | Dividend Share 0.13 | Earnings Share 0.16 | Revenue Per Share 3.805 | Quarterly Revenue Growth (0.20) |
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.