Vodafone Idea board gives nod to 2,458-crore fundraising via share sale to Nokia, Ericsson Stock Market News - Mint
| NOKN Stock | MXN 85.70 0.20 0.23% |
Slightly above 54% of Nokia's investor base is interested to short. The analysis of current outlook of investing in Nokia suggests that many traders are impartial 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.
Nokia |
Vodafone Idea board gives nod to 2,458-crore fundraising via share sale to Nokia, Ericsson Stock Market News Mint
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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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Nokia is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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
| SPORTS | Grupo Sports | 3.23 | ||||
| MNST | Monster Beverage | 2.65 | ||||
| GCARSOA1 | Grupo Carso | 1.43 | ||||
| VZ | Verizon Communications | 0.57 | ||||
| MUX | McEwen Mining | 0.00 |
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.