Nokia Corp Adr Stock Alpha and Beta Analysis
| NOK Stock | USD 4.20 0.01 0.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nokia Corp ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nokia Corp over a specified time horizon. Remember, high Nokia Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nokia Corp's market risk premium analysis include:
Beta 0.4 | Alpha (0.02) | Risk 1.95 | Sharpe Ratio (0.02) | Expected Return (0.04) |
Nokia Corp Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nokia |
Nokia Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Nokia Corp's performance over market.| α | -0.02 | β | 0.40 |
Nokia Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nokia Corp's Buy-and-hold return. Our buy-and-hold chart shows how Nokia Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nokia Corp Market Price Analysis
Market price analysis indicators help investors to 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 market price indicators, traders can identify Nokia Corp position entry and exit signals to maximize returns.
Nokia Corp Return and Market Media
The median price of Nokia Corp for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 4.35 with a coefficient of variation of 4.8. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 4.4, and mean deviation of 0.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Nokia Corp dividend paid on 5th of November 2024 | 11/05/2024 |
1 | Nokia Oyj Omien osakkeiden takaisinosto 08.11.2024 | 11/08/2024 |
2 | Earnings call Alight reports stable Q3 with optimistic full-year guidance | 11/13/2024 |
3 | How AI Can Drive Innovation Across Your Entire Organization | 11/19/2024 |
4 | Nokia Corporation Repurchase of own shares on 21.11.2024 | 11/21/2024 |
5 | NOK Solution to Boost Microsofts Data Center Network Stock to Gain | 11/22/2024 |
6 | Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine | 11/25/2024 |
7 | Novo Nordisk Foundation CEO dismisses Nokia risk as fundamentally different for Denmarks economy | 11/26/2024 |
8 | Nokia Corporation Repurchase of own shares on 27.11.2024 | 11/27/2024 |
9 | Nokia Corporation Repurchase of own shares on 29.11.2024 | 11/29/2024 |
About Nokia Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nokia or other stocks. Alpha measures the amount that position in Nokia Corp ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 2.92E-4 | 0.0145 | 0.0356 | 0.0223 | Price To Sales Ratio | 1.39 | 0.98 | 0.77 | 0.73 |
Nokia Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Nokia Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nokia Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nokia Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nokia Corp. Please utilize our Beneish M Score to check the likelihood of Nokia Corp's management manipulating its earnings.
| 25th of January 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Nokia Corp Backtesting, Nokia Corp Valuation, Nokia Corp Correlation, Nokia Corp Hype Analysis, Nokia Corp Volatility, Nokia Corp History and analyze Nokia Corp Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Nokia Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.