Nokia (Germany) Performance
| NOA3 Stock | EUR 3.99 0.01 0.25% |
Nokia has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0966, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nokia are expected to decrease at a much lower rate. During the bear market, Nokia is likely to outperform the market. Nokia right now secures a risk of 1.82%. Please verify Nokia standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Nokia will be following its current price movements.
Risk-Adjusted Performance
1 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nokia are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Nokia is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 6.7 B |
Nokia |
Nokia Relative Risk vs. Return Landscape
If you would invest 395.00 in Nokia on August 31, 2024 and sell it today you would earn a total of 4.00 from holding Nokia or generate 1.01% return on investment over 90 days. Nokia is generating 0.0318% of daily returns assuming 1.8234% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than Nokia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nokia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nokia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nokia, and traders can use it to determine the average amount a Nokia'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 = 0.0175
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| Negative Returns | NOA3 |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nokia is performing at about 1% 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 by adding it to a well-diversified portfolio.
Nokia Fundamentals Growth
Nokia Stock prices reflect investors' perceptions of the future prospects and financial health of Nokia, and Nokia 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 | 0.22 | |||
| Return On Asset | 0.0402 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 22.5 B | |||
| Shares Outstanding | 5.59 B | |||
| Price To Earning | 23.83 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 1.07 X | |||
| Revenue | 24.91 B | |||
| EBITDA | 3.46 B | |||
| Cash And Equivalents | 9.03 B | |||
| Cash Per Share | 1.60 X | |||
| Total Debt | 4.25 B | |||
| Debt To Equity | 0.45 % | |||
| Book Value Per Share | 3.82 X | |||
| Cash Flow From Operations | 1.47 B | |||
| Earnings Per Share | 0.75 X | |||
| Total Asset | 42.94 B | |||
| Retained Earnings | 2.95 B | |||
| Current Asset | 20.4 B | |||
| Current Liabilities | 12.52 B | |||
About Nokia Performance
By analyzing Nokia's fundamental ratios, stakeholders can gain valuable insights into Nokia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nokia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nokia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nokia Corporation provides mobile and fixed network solutions worldwide. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. NOKIA OYJ operates under Communication Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 920 people.Things to note about Nokia performance evaluation
Checking the ongoing alerts about Nokia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nokia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nokia's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nokia's stock performance include:- Analyzing Nokia'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's stock is overvalued or undervalued compared to its peers.
- Examining Nokia'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nokia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nokia's stock. These opinions can provide insight into Nokia's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nokia Stock analysis
When running Nokia's price analysis, check to measure Nokia'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 is operating at the current time. Most of Nokia's value examination focuses on studying past and present price action to predict the probability of Nokia'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's price. Additionally, you may evaluate how the addition of Nokia to your portfolios can decrease your overall portfolio volatility.
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