Nokia Corp Adr Stock Buy Hold or Sell Recommendation
| NOK Stock | USD 4.20 0.01 0.24% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Nokia Corp ADR is 'Hold'. The recommendation algorithm takes into account all of Nokia Corp's available fundamental, technical, and predictive indicators you will find on this site.
Check out Nokia Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nokia and provide practical buy, sell, or hold advice based on investors' constraints. Nokia Corp ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Nokia |
Execute Nokia Corp Buy or Sell Advice
The Nokia recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nokia Corp ADR. Macroaxis does not own or have any residual interests in Nokia Corp ADR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nokia Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nokia Corp Trading Alerts and Improvement Suggestions
| Nokia Corp ADR generated a negative expected return over the last 90 days | |
| On 5th of November 2024 Nokia Corp paid $ 0.0324 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: Nokia Corporation Repurchase of own shares on 29.11.2024 |
Nokia Corp Returns Distribution Density
The distribution of Nokia Corp's historical returns is an attempt to chart the uncertainty of Nokia Corp's future price movements. The chart of the probability distribution of Nokia Corp daily returns describes the distribution of returns around its average expected value. We use Nokia Corp ADR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nokia Corp returns is essential to provide solid investment advice for Nokia Corp.
| Mean Return | 0.04 | Value At Risk | -2.71 | Potential Upside | 2.56 | Standard Deviation | 2.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nokia Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nokia Stock Institutional Investors
| Shares | Penserra Capital Management, Llc | 2024-06-30 | 3.6 M | Ubs Group Ag | 2024-06-30 | 3.6 M | First Trust Advisors L.p. | 2024-06-30 | 3.5 M | Deutsche Bank Ag | 2024-06-30 | 3.1 M | State Of Tennessee, Treasury Department | 2024-06-30 | 2.8 M | Royal Bank Of Canada | 2024-06-30 | 2.7 M | Sei Investments Co | 2024-06-30 | 2.5 M | Citadel Advisors Llc | 2024-09-30 | 2.3 M | Tsp Capital Management Group/llc | 2024-09-30 | 2.2 M | Artisan Partners Limited Partnership | 2024-09-30 | 105.1 M | Pzena Investment Management, Llc | 2024-09-30 | 90.8 M |
Nokia Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (351M) | 1.0B | (249M) | (1.2B) | 767M | 385.2M | |
| Free Cash Flow | (300M) | 1.3B | 2.1B | 873M | 665M | 631.8M | |
| Other Non Cash Items | 286M | 465M | (228M) | (201M) | (194M) | (184.3M) | |
| Dividends Paid | 570M | 148M | 9M | 353M | 611M | 757.9M | |
| Capital Expenditures | 672M | 690M | 479M | 560M | 652M | 530.1M | |
| Net Income | 11M | (2.4B) | 1.6B | 4.3B | 679M | 1.3B | |
| End Period Cash Flow | 5.9B | 6.9B | 6.7B | 5.5B | 6.2B | 6.4B | |
| Change To Inventory | 285M | 547M | (48M) | (991M) | 478M | 501.9M | |
| Depreciation | 1.7B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
| Investments | (167M) | (1.5B) | (1.2B) | (1.9B) | 1.0B | 1.1B | |
| Net Borrowings | 92M | 1.0B | (1.2B) | (184M) | (211.6M) | (222.2M) | |
| Change To Netincome | 511M | 3.9B | 175M | (2.1B) | (2.4B) | (2.3B) |
Nokia Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nokia Corp or Communications Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nokia Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nokia stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | -0.05 |
Nokia Corp Volatility Alert
Nokia Corp ADR has relatively low volatility with skewness of 1.39 and kurtosis of 8.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nokia Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nokia Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nokia Corp Implied Volatility
Nokia Corp's implied volatility exposes the market's sentiment of Nokia Corp ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nokia Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nokia Corp stock will not fluctuate a lot when Nokia Corp's options are near their expiration.
Nokia Corp Fundamentals Vs Peers
Comparing Nokia Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nokia Corp's direct or indirect competition across all of the common fundamentals between Nokia Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nokia Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nokia Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nokia Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nokia Corp to competition |
| Fundamentals | Nokia Corp | Peer Average |
| Return On Equity | 0.0449 | -0.31 |
| Return On Asset | 0.0324 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 17.97 B | 16.62 B |
| Shares Outstanding | 5.4 B | 571.82 M |
| Shares Owned By Institutions | 7.00 % | 39.21 % |
| Number Of Shares Shorted | 56.46 M | 4.71 M |
| Price To Earning | 14.80 X | 28.72 X |
| Price To Book | 1.03 X | 9.51 X |
| Price To Sales | 1.15 X | 11.42 X |
| Revenue | 22.26 B | 9.43 B |
| Gross Profit | 10.31 B | 27.38 B |
| EBITDA | 2.94 B | 3.9 B |
| Net Income | 679 M | 570.98 M |
| Cash And Equivalents | 5.47 B | 2.7 B |
| Cash Per Share | 1.70 X | 5.01 X |
| Total Debt | 5.19 B | 5.32 B |
| Debt To Equity | 0.29 % | 48.70 % |
| Current Ratio | 1.53 X | 2.16 X |
| Book Value Per Share | 3.73 X | 1.93 K |
| Cash Flow From Operations | 1.32 B | 971.22 M |
| Short Ratio | 2.53 X | 4.00 X |
| Earnings Per Share | 0.17 X | 3.12 X |
| Price To Earnings To Growth | 0.48 X | 4.89 X |
| Target Price | 5.11 | |
| Number Of Employees | 86.69 K | 18.84 K |
| Beta | 0.74 | -0.15 |
| Market Capitalization | 22.71 B | 19.03 B |
| Total Asset | 39.86 B | 29.47 B |
| Retained Earnings | 1.4 B | 9.33 B |
| Working Capital | 7.23 B | 1.48 B |
| Current Asset | 15.82 B | 9.34 B |
Nokia Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nokia . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0071 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 4.21 | |||
| Day Typical Price | 4.2 | |||
| Market Facilitation Index | 0.03 | |||
| Period Momentum Indicator | 0.01 |
About Nokia Corp Buy or Sell Advice
When is the right time to buy or sell Nokia Corp ADR? Buying financial instruments such as Nokia Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Nokia Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.