Nokia Stock Analysis

NOK
 Stock
  

USD 4.36  0.14  3.32%   

The small plunge in market price for the last few months may encourage traders to take a closer look at the firm as it is trading at a share price of 4.36 on 22,928,400 in trading volume. The company directors and management did not add much value to Nokia Corp ADR investors in August. However, diversifying your holdings with Nokia Corp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.19. The current volatility is consistent with the ongoing market swings in August 2022 as well as with Nokia Corp ADR unsystematic, company-specific events.
Additionally, see Correlation Analysis.
  
The Nokia Corp stock analysis report makes it easy to digest most publicly released information about Nokia Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nokia Stock analysis module also helps to analyze the Nokia Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Nokia Stock Analysis Notes

The company has price-to-book ratio of 1.75. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nokia Corp ADR has Price/Earnings To Growth (PEG) ratio of 0.83. The entity recorded a loss per share of 0.46. The firm last dividend was issued on the 25th of July 2022. Nokia Corp had 4:1 split on the 11th of April 2000. Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 87927 people. To find out more about Nokia Corp ADR contact Basil Alwan at 358 1044 88000 or learn more at https://www.nokia.com.

Nokia Corp ADR Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nokia Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nokia Corp ADR or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nokia Corp ADR generated a negative expected return over the last 90 days
On 9th of August 2022 Nokia Corp paid $ 0.0205 per share dividend to its current shareholders

Nokia Corp ADR Upcoming and Recent Events

Earnings reports are used by Nokia Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nokia Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report4th of November 2021
Next Financial Report3rd of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of June 2021
Last Financial Announcement30th of September 2020

Nokia Corp Thematic Classifications

In addition to having Nokia Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Wireless
Wireless technology and communications
Communication Services
Networking, telecom, long distance carriers, and other communication services

Nokia Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 24.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nokia Corp's market, we take the total number of its shares issued and multiply it by Nokia Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Nokia Profitablity

Nokia Corp's profitability indicators refer to fundamental financial ratios that showcase Nokia Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Nokia Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nokia Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nokia Corp's profitability requires more research than a typical breakdown of Nokia Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 7.32 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 12.83 %, which entails that for every 100 dollars of revenue, it generated 0.13 of operating income.

Management Efficiency

The entity has Return on Asset of 3.33 % which means that on every $100 spent on asset, it made $3.33 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 10.04 %, implying that it generated $10.04 on every 100 dollars invested. Nokia Corp management efficiency ratios could be used to measure how well nokia corp adr manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 29th of September, Nokia Corp secures the mean deviation of 1.54, and Risk Adjusted Performance of (0.06). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nokia Corp ADR, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Nokia Corp, which can be compared to its peers in the industry. Please verify Nokia Corp ADR coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Nokia Corp ADR is priced some-what accurately, providing market reflects its recent price of 4.36 per share. Given that Nokia Corp ADR has jensen alpha of (0.08), we recommend you to check Nokia Corp's last-minute market performance to make sure the company can sustain itself at a future point.

Nokia Corp ADR Price Movement Analysis

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Nokia Corp Predictive Daily Indicators

Nokia Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nokia Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Nokia Corp Forecast Models

Nokia Corp time-series forecasting models is one of many Nokia Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nokia Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Nokia Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nokia Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nokia shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Nokia Corp. By using and applying Nokia Stock analysis, traders can create a robust methodology for identifying Nokia entry and exit points for their positions.
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 87927 people.

Current Nokia Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nokia analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nokia analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
7.33Buy4Odds
Nokia Corp ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nokia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nokia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nokia Corp ADR, talking to its executives and customers, or listening to Nokia conference calls.
Nokia Analyst Advice Details

Nokia Stock Analysis Indicators

Nokia Corp ADR stock analysis indicators help investors 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 understating and applying Nokia Corp stock analysis, traders can identify Nokia Corp position entry and exit signals to maximize returns.
Quick Ratio1.36
Trailing Annual Dividend Rate0.22
Fifty Two Week Low4.2200
Revenue Growth10.50%
Payout Ratio6.81%
Average Daily Volume Last 10 Day26.52M
Shares Short Prior Month20.87M
Average Daily Volume In Three Month25.85M
Earnings Growth30.90%
Shares Percent Shares Out0.30%
Earnings Quarterly Growth32.80%
Gross Margins40.15%
Forward Price Earnings9.06
Float Shares4.66B
Fifty Two Week High6.4000
Fifty Day Average4.9670
Enterprise Value To Ebitda8.61
Two Hundred Day Average5.2316
Enterprise Value To Revenue1.10
Trailing Annual Dividend Yield4.98%
Additionally, see Correlation Analysis. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for analysis

When running Nokia Corp ADR 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 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.
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 Nokia Corp value 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.