Nokia Oyj Financials
| NOKI34 Stock | BRL 25.37 1.29 5.36% |
Nokia |
Please note, the presentation of Nokia Oyj's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nokia Oyj's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nokia Oyj's management manipulating its earnings.
| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| Business Address | Karakaari 7, Espoo, |
| Sector | Technology |
| Industry | Communication Equipment |
| Benchmark | Dow Jones Industrial |
| Website | www.nokia.com |
| Phone | 358 1044 88000 |
| Currency | BRL - Brazilian Real |
You should never invest in Nokia Oyj without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nokia Stock, because this is throwing your money away. Analyzing the key information contained in Nokia Oyj's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nokia Oyj Key Financial Ratios
Nokia Oyj's financial ratios allow both analysts and investors to convert raw data from Nokia Oyj's financial statements into concise, actionable information that can be used to evaluate the performance of Nokia Oyj over time and compare it to other companies across industries.| Return On Equity | 0.22 | |||
| Return On Asset | 0.0402 | |||
| Number Of Employees | 10 | |||
| Beta | 0.63 | |||
| Z Score | 18.0 |
Nokia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nokia Oyj's current stock value. Our valuation model uses many indicators to compare Nokia Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia Oyj competition to find correlations between indicators driving Nokia Oyj's intrinsic value. More Info.Nokia Oyj is regarded third in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nokia Oyj is roughly 5.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nokia Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nokia Oyj's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nokia Oyj Systematic Risk
Nokia Oyj's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nokia Oyj volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nokia Oyj correlated with the market. If Beta is less than 0 Nokia Oyj generally moves in the opposite direction as compared to the market. If Nokia Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nokia Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nokia Oyj is generally in the same direction as the market. If Beta > 1 Nokia Oyj moves generally in the same direction as, but more than the movement of the benchmark.
Nokia Oyj December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nokia Oyj help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nokia Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nokia Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Nokia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nokia Oyj's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.0147 | |||
| Maximum Drawdown | 18.88 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.71 |
Complementary Tools for Nokia Stock analysis
When running Nokia Oyj's price analysis, check to measure Nokia Oyj'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 Oyj is operating at the current time. Most of Nokia Oyj's value examination focuses on studying past and present price action to predict the probability of Nokia Oyj'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 Oyj's price. Additionally, you may evaluate how the addition of Nokia Oyj to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |