Nokia Financials
| NOAA Stock | EUR 3.96 0.04 1.02% |
Nokia |
Understanding current and past Nokia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nokia's financial statements are interrelated, with each one affecting the others. For example, an increase in Nokia's assets may result in an increase in income on the income statement.
| Foreign Associate | Germany |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US6549022043 |
| Business Address | Karakaari 7, Espoo, |
| Sector | Technology |
| Industry | Communication Equipment |
| Benchmark | Dow Jones Industrial |
| Website | www.nokia.com |
| Phone | 358 1044 88000 |
| Currency | EUR - Euro |
You should never invest in Nokia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nokia Stock, because this is throwing your money away. Analyzing the key information contained in Nokia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nokia Key Financial Ratios
There are many critical financial ratios that Nokia's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nokia reports annually and quarterly.Nokia Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nokia's current stock value. Our valuation model uses many indicators to compare Nokia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia competition to find correlations between indicators driving Nokia's intrinsic value. More Info.Nokia is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nokia is roughly 5.39 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nokia's earnings, one of the primary drivers of an investment's value.Nokia Systematic Risk
Nokia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nokia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nokia correlated with the market. If Beta is less than 0 Nokia generally moves in the opposite direction as compared to the market. If Nokia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nokia is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nokia is generally in the same direction as the market. If Beta > 1 Nokia moves generally in the same direction as, but more than the movement of the benchmark.
Nokia November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nokia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nokia. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nokia based on widely used predictive technical indicators. In general, we focus on analyzing Nokia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nokia's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 16.32 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 3.2 |
Complementary Tools for Nokia Stock analysis
When running Nokia's price analysis, check to measure Nokia'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 is operating at the current time. Most of Nokia's value examination focuses on studying past and present price action to predict the probability of Nokia'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's price. Additionally, you may evaluate how the addition of Nokia to your portfolios can decrease your overall portfolio volatility.
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