Nokia Stock Today

NOK
 Stock
  

USD 4.28  0.08  1.83%   

Market Performance
0 of 100
Odds Of Distress
Less than 21
Nokia Corp is trading at 4.28 as of the 30th of September 2022. This is a -1.83 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 4.26. Nokia Corp has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nokia Corp ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2020 and ending today, the 30th of September 2022. Click here to learn more.
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. The company has 5.63 B outstanding shares of which 17.14 M shares are now shorted by investors with about 0.56 days to cover. More on Nokia Corp ADR

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Nokia Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nokia Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nokia Corp or challenge it. These highlights can help you better understand the position you are entering 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
CEOBasil Alwan
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Nokia Corp report their recommendations after researching Nokia Corp's financial statements, talking to executives and customers, or listening in on Nokia Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nokia Corp ADR. The Nokia consensus assessment is calculated by taking the average forecast from all of the analysts covering Nokia Corp.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nokia Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Nokia Corp ADR (NOK) is traded on New York Stock Exchange in USA and employs 87,927 people. 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 Corp ADR runs under Technology sector within Communication Equipment industry. The entity has 5.63 B outstanding shares of which 17.14 M shares are now shorted by investors with about 0.56 days to cover. Nokia Corp ADR has about 9.49 B in cash with 1.73 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.69.
Check Nokia Corp Probability Of Bankruptcy
Ownership
Nokia Corp ADR holds a total of 5.63 Billion outstanding shares. Roughly 92.0 % of Nokia Corp outstanding shares are held by regular investors with 0.01 pct. owned by insiders and only 8.14 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Nokia Ownership Details

Nokia Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Nokia Corp jumping above the current price in 90 days from now is about 98.0%. The Nokia Corp ADR probability density function shows the probability of Nokia Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2061. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nokia Corp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nokia Corp ADR is significantly underperforming DOW.
  Odds Below 4.28HorizonTargetOdds Above 4.28
2.25%90 days
 4.28 
97.72%
Based on a normal probability distribution, the odds of Nokia Corp to move above the current price in 90 days from now is about 98.0 (This Nokia Corp ADR probability density function shows the probability of Nokia Stock to fall within a particular range of prices over 90 days) .

Nokia Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nokia Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nokia Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nokia Corp's value.
InstituionSecurity TypeTotal SharesValue
Artisan Partners Limited PartnershipCommon Shares77.8 M358.6 M
Neuberger Berman Group LlcCommon Shares33.4 M156.9 M
Group One Trading LpCall Options11 M50.8 M
View Nokia Corp Diagnostics

Nokia Corp ADR Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nokia Corp market risk premium is the additional return an investor will receive from holding Nokia Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nokia Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nokia Corp's alpha and beta are two of the key measurements used to evaluate Nokia Corp's performance over the market, the standard measures of volatility play an important role as well.

Nokia Stock Against Markets

Picking the right benchmark for Nokia Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nokia Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nokia Corp is critical whether you are bullish or bearish towards Nokia Corp ADR at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nokia Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nokia Corp Corporate Directors

Nokia Corp corporate directors refer to members of a Nokia Corp board of directors. The board of directors generally takes responsibility for the Nokia Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nokia Corp's board members must vote for the resolution. The Nokia Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Simon Jiang - DirectorProfile
Bruce Brown - Non-Executive Independent DirectorProfile
Soeren Skou - DirectorProfile
Elizabeth Doherty - Independent DirectorProfile

Invested in Nokia Corp ADR?

The danger of trading Nokia Corp ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nokia Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nokia Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nokia Corp ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.