Nokia Corp Adr Stock Momentum Indicators Average Directional Movement Index

NOK Stock  USD 4.21  0.03  0.72%   
Nokia Corp momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Nokia Corp. Nokia Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Nokia Corp are pattern recognition functions that provide distinct formation on Nokia Corp potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The average directional index (ADX) measures the strength of a prevailing trend of Nokia Corp ADR and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Nokia Corp ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Nokia Corp Technical Analysis Modules

Most technical analysis of Nokia Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nokia from various momentum indicators to cycle indicators. When you analyze Nokia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nokia Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nokia Corp ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nokia Corp ADR 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 Corp's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nokia Corp's intrinsic value. In addition to deriving basic predictive indicators for Nokia Corp, we also check how macroeconomic factors affect Nokia Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield2.92E-40.01450.03560.0223
Price To Sales Ratio1.390.980.770.73
Hype
Prediction
LowEstimatedHigh
2.064.216.36
Details
Intrinsic
Valuation
LowRealHigh
2.594.746.89
Details
Naive
Forecast
LowNextHigh
1.894.046.19
Details
11 Analysts
Consensus
LowTargetHigh
4.645.105.66
Details

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When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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
0.16
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.