Nokia Oyj (Brazil) Performance
| NOKI34 Stock | BRL 25.71 0.34 1.34% |
Nokia Oyj has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nokia Oyj are expected to decrease at a much lower rate. During the bear market, Nokia Oyj is likely to outperform the market. Nokia Oyj right now secures a risk of 2.27%. Please verify Nokia Oyj total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Nokia Oyj will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Nokia Oyj are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong forward-looking signals, Nokia Oyj is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 6.9 B | |
| Total Cashflows From Investing Activities | -1.8 B |
Nokia |
Nokia Oyj Relative Risk vs. Return Landscape
If you would invest 2,462 in Nokia Oyj on September 5, 2024 and sell it today you would earn a total of 109.00 from holding Nokia Oyj or generate 4.43% return on investment over 90 days. Nokia Oyj is generating 0.0939% of daily returns and assumes 2.2702% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile 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 Oyj Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nokia Oyj's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nokia Oyj, and traders can use it to determine the average amount a Nokia Oyj'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 = 0.0414
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| Cash | Small Risk | NOKI34 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nokia Oyj is performing at about 3% 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 Oyj by adding it to a well-diversified portfolio.
Nokia Oyj Fundamentals Growth
Nokia Stock prices reflect investors' perceptions of the future prospects and financial health of Nokia Oyj, and Nokia Oyj 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 | 126.29 B | |||
| Shares Outstanding | 5.59 B | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 6.12 X | |||
| Revenue | 22.2 B | |||
| EBITDA | 3.23 B | |||
| Total Debt | 4.54 B | |||
| Book Value Per Share | 3.82 X | |||
| Cash Flow From Operations | 2.62 B | |||
| Earnings Per Share | 4.16 X | |||
| Total Asset | 40.05 B | |||
About Nokia Oyj Performance
By analyzing Nokia Oyj's fundamental ratios, stakeholders can gain valuable insights into Nokia Oyj's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nokia Oyj 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 Oyj has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Nokia Oyj performance evaluation
Checking the ongoing alerts about Nokia Oyj for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nokia Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nokia Oyj's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nokia Oyj's stock performance include:- Analyzing Nokia Oyj'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 Oyj's stock is overvalued or undervalued compared to its peers.
- Examining Nokia Oyj'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 Oyj's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nokia Oyj's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nokia Oyj's stock. These opinions can provide insight into Nokia Oyj's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nokia Stock analysis
When running Nokia Oyj's price analysis, check to measure Nokia Oyj'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 Oyj is operating at the current time. Most of Nokia Oyj's value examination focuses on studying past and present price action to predict the probability of Nokia Oyj'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 Oyj's price. Additionally, you may evaluate how the addition of Nokia Oyj to your portfolios can decrease your overall portfolio volatility.
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