Nokia Corp Adr Stock Price on January 25, 2024
| NOK Stock | USD 3.69 0.02 0.54% |
Below is the normalized historical share price chart for Nokia Corp ADR extending back to July 01, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nokia Corp stands at 3.69, as last reported on the 4th of May, with the highest price reaching 3.73 and the lowest price hitting 3.68 during the day.
If you're considering investing in Nokia Stock, it is important to understand the factors that can impact its price. We consider Nokia Corp slightly risky. Nokia Corp ADR has Sharpe Ratio of 0.0494, which conveys that the firm had a 0.0494% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nokia Corp, which you can use to evaluate the volatility of the firm. Please verify Nokia Corp's Risk Adjusted Performance of 0.0311, downside deviation of 1.85, and Mean Deviation of 1.25 to check out if the risk estimate we provide is consistent with the expected return of 0.09%.
At this time, Nokia Corp's Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 212.1 M this year, although the value of Other Stockholder Equity will most likely fall to about 154.6 M. . The value of Price To Sales Ratio is estimated to slide to 0.73. The value of Price Earnings Ratio is estimated to slide to 24.53. Nokia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of January 1994 | 200 Day MA 3.5935 | 50 Day MA 3.5578 | Beta 0.704 |
Nokia |
Sharpe Ratio = 0.0494
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | NOK | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nokia Corp 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 Corp by adding it to a well-diversified portfolio.
Price Book 0.8349 | Enterprise Value Ebitda 5.2805 | Price Sales 0.8455 | Shares Float 4.4 B | Dividend Share 0.13 |
Related Headline
NVE Headline on 25th of January 2024
NVE Corps Dividend Analysis by finance.yahoo.com
NVE Corp recently announced a dividend of 1 per share, payable on 2024-02-28, with the ex-dividend date set for 2024-01-26. As investors look forward to this upcoming payment, the spotlight also shines on the companys dividend history, yield, and growth rates. Using the data from GuruFocus, lets look into NVE Corps dividend performance and assess its sustainability.
Nokia Corp Valuation on January 25, 2024
It is possible to determine the worth of Nokia Corp on a given historical date. On January 25, 2024 Nokia was worth 3.7 at the beginning of the trading date compared to the closed value of 3.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nokia Corp stock. Still, in general, we apply an absolute valuation method to find Nokia Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nokia Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nokia Corp's related companies.
| Open | High | Low | Close | Volume | |
| 3.43 | 3.45 | 3.34 | 3.34 | 24,358,696 | |
01/25/2024 | 3.70 | 3.84 | 3.69 | 3.72 | 34,506,223 |
| 3.80 | 3.85 | 3.74 | 3.74 | 19,234,193 |
| Backtest Nokia Corp | | | Nokia Corp History | | | Nokia Corp Valuation | Previous | Next |
Nokia Corp Trading Date Momentum on January 25, 2024
| On January 26 2024 Nokia Corp ADR was traded for 3.74 at the closing time. Highest Nokia Corp's price during the trading hours was 3.85 and the lowest price during the day was 3.74 . The net volume was 19.2 M. The overall trading history on the 26th of January contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.54% . The trading delta at closing time to current price is 4.03% . |
Nokia Corp ADR Fundamentals Correlations and Trends
By evaluating Nokia Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nokia Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nokia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nokia Corp Stock history
Nokia Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nokia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nokia Corp ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nokia Corp stock prices may prove useful in developing a viable investing in Nokia Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.6 B | 8 B | |
| Net Income Applicable To Common Shares | 3.8 B | 2 B |
Nokia Corp Quarterly Net Working Capital |
|
Nokia Corp Stock Technical Analysis
Nokia Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nokia Corp Period Price Range
Low | January 25, 2024
| High |
3.70 | 3.72 |
Nokia Corp May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Nokia Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nokia Corp shares will generate the highest return on investment. By undertsting and applying Nokia Corp stock market strength indicators, traders can identify Nokia Corp ADR entry and exit signals to maximize returns
| Accumulation Distribution | 1.3 M | |||
| Daily Balance Of Power | 0.1333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.76 | |||
| Day Typical Price | 3.75 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.03) |
Nokia Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nokia Corp's price direction in advance. Along with the technical and fundamental analysis of Nokia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nokia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0311 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0464 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Nokia Stock analysis
When running Nokia Corp's price analysis, check to measure Nokia Corp'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 Corp is operating at the current time. Most of Nokia Corp's value examination focuses on studying past and present price action to predict the probability of Nokia Corp'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 Corp's price. Additionally, you may evaluate how the addition of Nokia Corp to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
Is Nokia Corp's industry 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 0.576 | Dividend Share 0.13 | Earnings Share 0.16 | Revenue Per Share 3.805 | Quarterly Revenue Growth (0.20) |
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.