Nokia Corporation Repurchase of own shares on 03.12.2024
| NOK Stock | USD 4.24 0.07 1.62% |
About 53% of Nokia Corp's investor base is interested to short. The analysis of overall sentiment of trading Nokia Corp ADR stock suggests that many investors are impartial at this time. Nokia Corp's investing sentiment shows overall attitude of investors towards Nokia Corp ADR.
Nokia |
Nokia CorporationStock Exchange Release3 December 2024 at 2230 EET Nokia Corporation Repurchase of own shares on 03.12.2024 Espoo, Finland On 3 December 2024 Nokia Corporation has acquired its own shares as follows Trading venue Number of sharesWeighted average price share, EURXHEL872,0934.01CEUX--BATE--AQEU--TQEX--Total872,0934.01 Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initia
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Nokia Corp ADR Current Investor Sentiment
Panic Vs Confidence
47
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Nokia Corp's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Nokia Corp ADR.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
Nokia Corp Fundamental Analysis
We analyze Nokia Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Nokia Corp is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Nokia Corp ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nokia Corp stock to make a market-neutral strategy. Peer analysis of Nokia Corp could also be used in its relative valuation, which is a method of valuing Nokia Corp by comparing valuation metrics with similar companies.
Peers
Nokia Corp Related Equities
| AAOI | Applied Opt | 12.76 | ||||
| HPE | Hewlett Packard | 10.62 | ||||
| CLFD | Clearfield | 3.55 | ||||
| CIEN | Ciena Corp | 1.87 | ||||
| VIAV | Viavi Solutions | 0.77 | ||||
| LITE | Lumentum Holdings | 0.22 | ||||
| INFN | Infinera | 0.15 | ||||
| CSCO | Cisco Systems | 0.22 | ||||
| JNPR | Juniper Networks | 0.71 | ||||
| MSI | Motorola Solutions | 1.01 | ||||
| EXTR | Extreme Networks | 1.24 |
Check out Nokia Corp Hype Analysis, Nokia Corp Correlation and Nokia Corp Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Communications Equipment space 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 0.506 | Dividend Share 0.13 | Earnings Share 0.17 | Revenue Per Share 3.591 | Quarterly Revenue Growth (0.08) |
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.