Premarket Mover Nokia Oyj Down 0.57 percent - InvestorsObserver
| NOKN Stock | MXN 85.00 1.00 1.16% |
Slightly above 61% of Nokia's investor base is looking to short. The analysis of current outlook of investing in Nokia suggests that many traders are alarmed regarding Nokia's prospects. Nokia's investing sentiment can be driven by a variety of factors including economic data, Nokia's earnings reports, geopolitical events, and overall market trends.
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Premarket Mover Nokia Oyj Down 0.57 InvestorsObserver
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Nokia Fundamental Analysis
We analyze Nokia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
Nokia is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Nokia Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nokia stock to make a market-neutral strategy. Peer analysis of Nokia could also be used in its relative valuation, which is a method of valuing Nokia by comparing valuation metrics with similar companies.
Peers
Nokia Related Equities
| HOTEL | Grupo Hotelero | 2.56 | ||||
| TSMN | Taiwan Semiconductor | 1.05 | ||||
| MUX | McEwen Mining | 0.00 | ||||
| MLM | Martin Marietta | 0.84 | ||||
| COST | Costco Wholesale | 1.72 | ||||
| VZ | Verizon Communications | 2.94 |
Additional 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.