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Nokia Corporation
Buy, Hold or Sell?

Let's analyse Nokia Corporation together

PenkeI guess you are interested in Nokia Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nokia Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nokia Corporation (30 sec.)










What can you expect buying and holding a share of Nokia Corporation? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.13
When do you have the money?
1 year
How often do you get paid?
83.3%

What is your share worth?

Current worth
‚ā¨3.84
Expected worth in 1 year
‚ā¨3.84
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
‚ā¨0.13
Return On Investment
3.6%

For what price can you sell your share?

Current Price per Share
‚ā¨3.54
Expected price per share
‚ā¨3.3308 - ‚ā¨3.7211
How sure are you?
50%

1. Valuation of Nokia Corporation (5 min.)




Live pricePrice per Share (EOD)

‚ā¨3.54

Intrinsic Value Per Share

‚ā¨0.10 - ‚ā¨0.03

Total Value Per Share

‚ā¨3.94 - ‚ā¨3.87

2. Growth of Nokia Corporation (5 min.)




Is Nokia Corporation growing?

Current yearPrevious yearGrowGrow %
How rich?$22.9b$22b$774.5m3.4%

How much money is Nokia Corporation making?

Current yearPrevious yearGrowGrow %
Making money$221.6m$1.1b-$945.4m-426.5%
Net Profit Margin4.1%15.4%--

How much money comes from the company's main activities?

3. Financial Health of Nokia Corporation (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#21 / 394

Most Revenue
#31 / 394

Most Profit
#40 / 394

Most Efficient
#194 / 394

What can you expect buying and holding a share of Nokia Corporation? (5 min.)

Welcome investor! Nokia Corporation's management wants to use your money to grow the business. In return you get a share of Nokia Corporation.

What can you expect buying and holding a share of Nokia Corporation?

First you should know what it really means to hold a share of Nokia Corporation. And how you can make/lose money.

Speculation

The Price per Share of Nokia Corporation is ‚ā¨3.5375. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nokia Corporation.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nokia Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨3.84. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.00 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nokia Corporation.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.082.4%0.041.1%0.215.9%0.051.4%0.051.3%
Usd Book Value Change Per Share0.113.2%0.000.0%0.174.7%0.236.5%0.236.5%
Usd Dividend Per Share0.030.9%0.030.9%0.020.6%0.010.4%0.010.4%
Usd Total Gains Per Share0.144.1%0.031.0%0.195.4%0.246.9%0.246.9%
Usd Price Per Share3.53-3.71-4.74-4.33-4.38-
Price to Earnings Ratio10.40--8.45-13.01-8.69-8.27-
Price-to-Total Gains Ratio24.36-41.92-85.62-26.81-26.81-
Price to Book Ratio0.85-0.90-1.21-1.14-1.09-
Price-to-Total Gains Ratio24.36-41.92-85.62-26.81-26.81-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.8254525
Number of shares261
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.01
Usd Book Value Change Per Share0.000.23
Usd Total Gains Per Share0.030.24
Gains per Quarter (261 shares)9.0663.82
Gains per Year (261 shares)36.22255.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13422615241245
26946229481500
310359844722755
41387134589631010
517291707312031265
6207112068814441520
72411324210216851775
82751427811719252030
93101631413121662285
103441835014624072540

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%
Dividend per Share4.00.00.0100.0%11.00.01.091.7%15.00.03.083.3%15.00.03.083.3%15.00.03.083.3%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%14.04.00.077.8%14.04.00.077.8%14.04.00.077.8%

Fundamentals of Nokia Corporation

About Nokia Corporation

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There is no Profile data available for NOA3.BE.

Fundamental data was last updated by Penke on 2024-06-07 17:58:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Nokia Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Nokia Corporation earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Nokia Corporation to the¬†Other industry mean.
  • A Net Profit Margin of 9.3%¬†means that¬†€0.09 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nokia Corporation:

  • The MRQ is 9.3%. The company is making a profit. +1
  • The TTM is 4.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM4.1%+5.2%
TTM4.1%YOY15.4%-11.3%
TTM4.1%5Y3.9%+0.2%
5Y3.9%10Y3.3%+0.6%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%5.6%+3.7%
TTM4.1%5.0%-0.9%
YOY15.4%6.0%+9.4%
5Y3.9%6.0%-2.1%
10Y3.3%6.1%-2.8%
1.1.2. Return on Assets

Shows how efficient Nokia Corporation is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Nokia Corporation to the¬†Other industry mean.
  • 1.1% Return on Assets means that¬†Nokia Corporation generated¬†€0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nokia Corporation:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM0.5%+0.6%
TTM0.5%YOY2.5%-2.0%
TTM0.5%5Y0.6%0.0%
5Y0.6%10Y0.5%+0.1%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.1%0.0%
TTM0.5%1.0%-0.5%
YOY2.5%1.5%+1.0%
5Y0.6%1.1%-0.5%
10Y0.5%1.3%-0.8%
1.1.3. Return on Equity

Shows how efficient Nokia Corporation is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Nokia Corporation to the¬†Other industry mean.
  • 2.1% Return on Equity means Nokia Corporation generated €0.02¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nokia Corporation:

  • The MRQ is 2.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.1%TTM1.0%+1.1%
TTM1.0%YOY5.2%-4.2%
TTM1.0%5Y0.9%+0.0%
5Y0.9%10Y0.7%+0.2%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1%3.4%-1.3%
TTM1.0%3.2%-2.2%
YOY5.2%4.7%+0.5%
5Y0.9%3.7%-2.8%
10Y0.7%3.7%-3.0%

1.2. Operating Efficiency of Nokia Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nokia Corporation is operating .

  • Measures how much profit Nokia Corporation makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Nokia Corporation to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nokia Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.6%-3.6%
5Y3.6%10Y3.4%+0.2%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.6%-9.6%
TTM-9.6%-9.6%
YOY-8.7%-8.7%
5Y3.6%5.7%-2.1%
10Y3.4%7.1%-3.7%
1.2.2. Operating Ratio

Measures how efficient Nokia Corporation is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 1.44 means that the operating costs are €1.44 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Nokia Corporation:

  • The MRQ is 1.436. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.514. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.436TTM1.514-0.078
TTM1.514YOY1.501+0.013
TTM1.5145Y1.534-0.021
5Y1.53410Y1.545-0.011
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4361.227+0.209
TTM1.5141.253+0.261
YOY1.5011.242+0.259
5Y1.5341.258+0.276
10Y1.5451.360+0.185

1.3. Liquidity of Nokia Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nokia Corporation is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 1.65¬†means the company has €1.65 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Nokia Corporation:

  • The MRQ is 1.650. The company is able to pay all its short-term debts. +1
  • The TTM is 1.640. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.650TTM1.640+0.011
TTM1.640YOY1.566+0.073
TTM1.6405Y1.542+0.098
5Y1.54210Y1.531+0.011
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6501.411+0.239
TTM1.6401.515+0.125
YOY1.5661.541+0.025
5Y1.5421.538+0.004
10Y1.5311.493+0.038
1.3.2. Quick Ratio

Measures if Nokia Corporation is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Nokia Corporation to the¬†Other industry mean.
  • A Quick Ratio of 0.61¬†means the company can pay off €0.61 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nokia Corporation:

  • The MRQ is 0.606. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.656. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.606TTM0.656-0.050
TTM0.656YOY0.711-0.055
TTM0.6565Y0.584+0.072
5Y0.58410Y0.576+0.008
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6060.550+0.056
TTM0.6560.570+0.086
YOY0.7110.578+0.133
5Y0.5840.603-0.019
10Y0.5760.603-0.027

1.4. Solvency of Nokia Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nokia Corporation assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Nokia Corporation to Other industry mean.
  • A Debt to Asset Ratio of 0.46¬†means that Nokia Corporation assets are¬†financed with 46.5% credit (debt) and the remaining percentage (100% - 46.5%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Nokia Corporation:

  • The MRQ is 0.465. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.475. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.465TTM0.475-0.010
TTM0.475YOY0.516-0.042
TTM0.4755Y0.562-0.087
5Y0.56210Y0.565-0.003
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4650.531-0.066
TTM0.4750.527-0.052
YOY0.5160.560-0.044
5Y0.5620.5620.000
10Y0.5650.569-0.004
1.4.2. Debt to Equity Ratio

Measures if Nokia Corporation is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Nokia Corporation to the¬†Other industry mean.
  • A Debt to Equity ratio of 87.2% means that company has €0.87 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nokia Corporation:

  • The MRQ is 0.872. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.908. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.872TTM0.908-0.035
TTM0.908YOY1.076-0.168
TTM0.9085Y1.333-0.425
5Y1.33310Y1.351-0.018
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8721.113-0.241
TTM0.9081.112-0.204
YOY1.0761.272-0.196
5Y1.3331.3330.000
10Y1.3511.473-0.122

2. Market Valuation of Nokia Corporation

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Nokia Corporation generates.

  • Above 15 is considered overpriced but¬†always compare¬†Nokia Corporation to the¬†Other industry mean.
  • A PE ratio of 10.40 means the investor is paying €10.40¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nokia Corporation:

  • The EOD is 11.276. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.403. Based on the earnings, the company is underpriced. +1
  • The TTM is -8.454. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.276MRQ10.403+0.873
MRQ10.403TTM-8.454+18.857
TTM-8.454YOY13.010-21.464
TTM-8.4545Y8.687-17.141
5Y8.68710Y8.273+0.414
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD11.27613.459-2.183
MRQ10.40311.093-0.690
TTM-8.45410.480-18.934
YOY13.01011.329+1.681
5Y8.68711.709-3.022
10Y8.27312.634-4.361
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nokia Corporation:

  • The EOD is 5.125. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.728. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -3.862. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD5.125MRQ4.728+0.397
MRQ4.728TTM-3.862+8.590
TTM-3.862YOY-11.692+7.830
TTM-3.8625Y-53.086+49.224
5Y-53.08610Y-50.558-2.528
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD5.1255.564-0.439
MRQ4.7285.190-0.462
TTM-3.8624.831-8.693
YOY-11.6921.966-13.658
5Y-53.0862.318-55.404
10Y-50.5583.588-54.146
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nokia Corporation is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 0.85 means the investor is paying €0.85¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Nokia Corporation:

  • The EOD is 0.922. Based on the equity, the company is cheap. +2
  • The MRQ is 0.851. Based on the equity, the company is cheap. +2
  • The TTM is 0.899. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.922MRQ0.851+0.071
MRQ0.851TTM0.899-0.048
TTM0.899YOY1.207-0.308
TTM0.8995Y1.142-0.244
5Y1.14210Y1.088+0.054
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD0.9221.616-0.694
MRQ0.8511.268-0.417
TTM0.8991.304-0.405
YOY1.2071.387-0.180
5Y1.1421.516-0.374
10Y1.0881.633-0.545
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nokia Corporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1040.002+6427%0.155-33%0.213-51%0.213-51%
Book Value Per Share--3.8373.817+1%3.644+5%2.866+34%2.730+41%
Current Ratio--1.6501.640+1%1.566+5%1.542+7%1.531+8%
Debt To Asset Ratio--0.4650.475-2%0.516-10%0.562-17%0.565-18%
Debt To Equity Ratio--0.8720.908-4%1.076-19%1.333-35%1.351-35%
Dividend Per Share--0.0300.030-2%0.021+45%0.013+132%0.013+132%
Eps--0.0780.037+112%0.193-59%0.045+75%0.043+83%
Free Cash Flow Per Share--0.1730.080+116%0.016+991%0.072+140%0.072+140%
Free Cash Flow To Equity Per Share--0.0570.004+1210%-0.038+167%0.038+52%0.038+52%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.031--------
Intrinsic Value_10Y_min--0.101--------
Intrinsic Value_1Y_max--0.175--------
Intrinsic Value_1Y_min--0.172--------
Intrinsic Value_3Y_max--0.396--------
Intrinsic Value_3Y_min--0.380--------
Intrinsic Value_5Y_max--0.458--------
Intrinsic Value_5Y_min--0.436--------
Market Cap--18059567376.31918993761584.824-5%24557223626.332-26%19894716965.700-9%18947349491.142-5%
Net Profit Margin--0.0930.041+127%0.154-40%0.039+136%0.033+179%
Operating Margin----0%-0%0.036-100%0.034-100%
Operating Ratio--1.4361.514-5%1.501-4%1.534-6%1.545-7%
Pb Ratio0.922+8%0.8510.899-5%1.207-30%1.142-26%1.088-22%
Pe Ratio11.276+8%10.403-8.454+181%13.010-20%8.687+20%8.273+26%
Price Per Share3.538+8%3.2643.432-5%4.384-26%4.001-18%4.050-19%
Price To Free Cash Flow Ratio5.125+8%4.728-3.862+182%-11.692+347%-53.086+1223%-50.558+1169%
Price To Total Gains Ratio26.405+8%24.35941.917-42%85.616-72%26.806-9%26.806-9%
Quick Ratio--0.6060.656-8%0.711-15%0.584+4%0.576+5%
Return On Assets--0.0110.005+114%0.025-57%0.006+98%0.005+130%
Return On Equity--0.0210.010+112%0.052-60%0.009+121%0.007+177%
Total Gains Per Share--0.1340.032+318%0.176-24%0.226-41%0.226-41%
Usd Book Value--22962447600.00022841601150.000+1%22067048400.000+4%18894977780.000+22%18768572419.048+22%
Usd Book Value Change Per Share--0.1120.002+6427%0.168-33%0.231-51%0.231-51%
Usd Book Value Per Share--4.1494.127+1%3.940+5%3.100+34%2.952+41%
Usd Dividend Per Share--0.0320.033-2%0.022+45%0.014+132%0.014+132%
Usd Eps--0.0850.040+112%0.209-59%0.049+75%0.046+83%
Usd Free Cash Flow--1032737000.000478249150.000+116%95703900.000+979%349292200.000+196%285180628.571+262%
Usd Free Cash Flow Per Share--0.1870.087+116%0.017+991%0.078+140%0.078+140%
Usd Free Cash Flow To Equity Per Share--0.0620.005+1210%-0.041+167%0.041+52%0.041+52%
Usd Market Cap--19529616160.75120539853777.829-5%26556181629.516-26%21514146926.707-9%20489663739.721-5%
Usd Price Per Share3.825+8%3.5293.711-5%4.741-26%4.326-18%4.380-19%
Usd Profit--469327600.000221687000.000+112%1167100950.000-60%265429630.000+77%229823247.619+104%
Usd Revenue--5046893800.0005695193100.000-11%6872837700.000-27%6173334110.000-18%6138489857.143-18%
Usd Total Gains Per Share--0.1450.035+318%0.190-24%0.245-41%0.245-41%
 EOD+2 -4MRQTTM+24 -10YOY+17 -175Y+23 -1210Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of Nokia Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.276
Price to Book Ratio (EOD)Between0-10.922
Net Profit Margin (MRQ)Greater than00.093
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.606
Current Ratio (MRQ)Greater than11.650
Debt to Asset Ratio (MRQ)Less than10.465
Debt to Equity Ratio (MRQ)Less than10.872
Return on Equity (MRQ)Greater than0.150.021
Return on Assets (MRQ)Greater than0.050.011
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Nokia Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.084
Ma 20Greater thanMa 503.566
Ma 50Greater thanMa 1003.414
Ma 100Greater thanMa 2003.326
OpenGreater thanClose3.538
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets39,675,000
Total Liabilities18,441,000
Total Stockholder Equity21,138,000
 As reported
Total Liabilities 18,441,000
Total Stockholder Equity+ 21,138,000
Total Assets = 39,675,000

Assets

Total Assets39,675,000
Total Current Assets17,945,000
Long-term Assets21,731,000
Total Current Assets
Cash And Cash Equivalents 6,561,000
Short-term Investments 2,265,000
Net Receivables 4,325,000
Inventory 2,686,000
Total Current Assets  (as reported)17,945,000
Total Current Assets  (calculated)15,837,000
+/- 2,108,000
Long-term Assets
Property Plant Equipment 2,791,000
Goodwill 5,589,000
Long Term Investments 1,694,000
Intangible Assets 1,047,000
Long-term Assets Other 1,000
Long-term Assets  (as reported)21,731,000
Long-term Assets  (calculated)11,122,000
+/- 10,609,000

Liabilities & Shareholders' Equity

Total Current Liabilities10,873,000
Long-term Liabilities7,568,000
Total Stockholder Equity21,138,000
Total Current Liabilities
Short Long Term Debt 646,000
Accounts payable 3,041,000
Other Current Liabilities 3,669,000
Total Current Liabilities  (as reported)10,873,000
Total Current Liabilities  (calculated)7,356,000
+/- 3,517,000
Long-term Liabilities
Long term Debt 3,124,000
Capital Lease Obligations Min Short Term Debt986,000
Long-term Liabilities Other 103,000
Long-term Liabilities  (as reported)7,568,000
Long-term Liabilities  (calculated)4,213,000
+/- 3,355,000
Total Stockholder Equity
Retained Earnings 1,675,000
Total Stockholder Equity (as reported)21,138,000
Total Stockholder Equity (calculated)1,675,000
+/- 19,463,000
Other
Capital Stock246,000
Common Stock Shares Outstanding 5,533,803
Net Invested Capital 24,908,000
Net Working Capital 7,072,000
Property Plant and Equipment Gross 2,791,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
40,579,000
38,923,000
39,120,000
39,128,000
39,754,000
39,570,000
38,805,000
36,191,000
36,853,000
36,666,000
39,010,000
40,049,000
40,525,000
40,887,000
42,864,000
42,943,000
41,973,000
40,747,000
40,544,000
39,860,000
39,675,000
39,675,00039,860,00040,544,00040,747,00041,973,00042,943,00042,864,00040,887,00040,525,00040,049,00039,010,00036,666,00036,853,00036,191,00038,805,00039,570,00039,754,00039,128,00039,120,00038,923,00040,579,000
   > Total Current Assets 
18,032,000
16,680,000
16,600,000
16,808,000
16,739,000
17,582,000
17,418,000
18,215,000
18,132,000
18,199,000
19,102,000
19,597,000
19,468,000
19,610,000
21,016,000
20,266,000
19,255,000
18,459,000
18,304,000
18,166,000
17,945,000
17,945,00018,166,00018,304,00018,459,00019,255,00020,266,00021,016,00019,610,00019,468,00019,597,00019,102,00018,199,00018,132,00018,215,00017,418,00017,582,00016,739,00016,808,00016,600,00016,680,00018,032,000
       Cash And Cash Equivalents 
5,862,000
4,693,000
4,721,000
5,910,000
6,159,000
7,088,000
6,836,000
6,940,000
7,315,000
7,252,000
6,903,000
6,691,000
6,341,000
5,457,000
5,196,000
5,467,000
4,827,000
5,106,000
4,605,000
6,234,000
6,561,000
6,561,0006,234,0004,605,0005,106,0004,827,0005,467,0005,196,0005,457,0006,341,0006,691,0006,903,0007,252,0007,315,0006,940,0006,836,0007,088,0006,159,0005,910,0004,721,0004,693,0005,862,000
       Short-term Investments 
859,000
382,000
527,000
261,000
435,000
605,000
1,045,000
1,335,000
1,715,000
1,682,000
2,755,000
2,913,000
3,164,000
4,037,000
4,347,000
3,695,000
3,461,000
2,373,000
2,218,000
2,006,000
2,265,000
2,265,0002,006,0002,218,0002,373,0003,461,0003,695,0004,347,0004,037,0003,164,0002,913,0002,755,0001,682,0001,715,0001,335,0001,045,000605,000435,000261,000527,000382,000859,000
       Net Receivables 
4,930,000
4,777,000
4,538,000
5,025,000
4,835,000
4,671,000
4,136,000
5,503,000
4,528,000
4,387,000
4,557,000
5,382,000
4,855,000
4,663,000
5,337,000
5,549,000
5,298,000
5,354,000
5,729,000
4,921,000
4,325,000
4,325,0004,921,0005,729,0005,354,0005,298,0005,549,0005,337,0004,663,0004,855,0005,382,0004,557,0004,387,0004,528,0005,503,0004,136,0004,671,0004,835,0005,025,0004,538,0004,777,0004,930,000
       Inventory 
3,528,000
3,606,000
3,642,000
2,936,000
2,832,000
2,865,000
2,745,000
2,242,000
2,266,000
2,392,000
2,482,000
2,392,000
2,636,000
2,910,000
3,434,000
3,265,000
3,299,000
3,317,000
3,291,000
2,719,000
2,686,000
2,686,0002,719,0003,291,0003,317,0003,299,0003,265,0003,434,0002,910,0002,636,0002,392,0002,482,0002,392,0002,266,0002,242,0002,745,0002,865,0002,832,0002,936,0003,642,0003,606,0003,528,000
       Other Current Assets 
1,510,000
1,712,000
1,682,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000001,682,0001,712,0001,510,000
   > Long-term Assets 
22,546,000
22,242,000
22,520,000
22,320,000
23,014,000
21,988,000
21,388,000
17,976,000
18,722,000
18,467,000
19,909,000
20,452,000
21,055,000
21,278,000
21,849,000
22,677,000
22,718,000
22,287,000
22,240,000
21,694,000
21,731,000
21,731,00021,694,00022,240,00022,287,00022,718,00022,677,00021,849,00021,278,00021,055,00020,452,00019,909,00018,467,00018,722,00017,976,00021,388,00021,988,00023,014,00022,320,00022,520,00022,242,00022,546,000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,950,000
2,944,000
2,918,000
2,889,000
2,905,000
2,857,000
2,791,000
2,791,0002,857,0002,905,0002,889,0002,918,0002,944,0002,950,00000000000000000
       Goodwill 
5,527,000
5,477,000
5,651,000
5,527,000
5,815,000
5,609,000
5,436,000
5,074,000
5,236,000
5,270,000
5,348,000
5,431,000
5,508,000
5,776,000
6,048,000
5,667,000
5,588,000
5,591,000
5,693,000
5,504,000
5,589,000
5,589,0005,504,0005,693,0005,591,0005,588,0005,667,0006,048,0005,776,0005,508,0005,431,0005,348,0005,270,0005,236,0005,074,0005,436,0005,609,0005,815,0005,527,0005,651,0005,477,0005,527,000
       Long Term Investments 
1,295,000
1,299,000
1,312,000
1,350,000
1,338,000
1,296,000
1,261,000
1,284,000
1,404,000
1,314,000
1,266,000
1,326,000
1,860,000
1,871,000
2,128,000
1,976,000
2,147,000
2,081,000
2,014,000
1,903,000
1,694,000
1,694,0001,903,0002,014,0002,081,0002,147,0001,976,0002,128,0001,871,0001,860,0001,326,0001,266,0001,314,0001,404,0001,284,0001,261,0001,296,0001,338,0001,350,0001,312,0001,299,0001,295,000
       Intangible Assets 
3,139,000
2,889,000
2,704,000
2,429,000
2,376,000
2,287,000
2,116,000
1,953,000
1,893,000
1,768,000
1,708,000
1,620,000
1,534,000
1,489,000
1,434,000
1,263,000
1,235,000
1,136,000
1,070,000
1,086,000
1,047,000
1,047,0001,086,0001,070,0001,136,0001,235,0001,263,0001,434,0001,489,0001,534,0001,620,0001,708,0001,768,0001,893,0001,953,0002,116,0002,287,0002,376,0002,429,0002,704,0002,889,0003,139,000
       Long-term Assets Other 
304,000
265,000
259,000
78,000
283,000
225,000
211,000
41,000
224,000
237,000
250,000
60,000
278,000
216,000
238,000
79,000
0
2,000
-1,000
41,000
1,000
1,00041,000-1,0002,000079,000238,000216,000278,00060,000250,000237,000224,00041,000211,000225,000283,00078,000259,000265,000304,000
> Total Liabilities 
25,561,000
24,546,000
24,690,000
23,727,000
23,750,000
24,251,000
23,585,000
23,646,000
23,082,000
22,329,000
22,618,000
22,587,000
22,442,000
21,861,000
23,067,000
21,517,000
20,598,000
19,471,000
19,193,000
19,232,000
18,441,000
18,441,00019,232,00019,193,00019,471,00020,598,00021,517,00023,067,00021,861,00022,442,00022,587,00022,618,00022,329,00023,082,00023,646,00023,585,00024,251,00023,750,00023,727,00024,690,00024,546,00025,561,000
   > Total Current Liabilities 
13,745,000
12,412,000
12,392,000
12,055,000
12,184,000
11,691,000
11,373,000
11,761,000
11,326,000
11,529,000
11,913,000
12,101,000
12,357,000
12,286,000
13,703,000
12,774,000
12,432,000
11,506,000
11,145,000
10,933,000
10,873,000
10,873,00010,933,00011,145,00011,506,00012,432,00012,774,00013,703,00012,286,00012,357,00012,101,00011,913,00011,529,00011,326,00011,761,00011,373,00011,691,00012,184,00012,055,00012,392,00012,412,00013,745,000
       Short-term Debt 
753,000
337,000
417,000
292,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000292,000417,000337,000753,000
       Short Long Term Debt 
753,000
337,000
417,000
292,000
838,000
756,000
664,000
561,000
114,000
559,000
557,000
116,000
126,000
213,000
232,000
228,000
606,000
587,000
575,000
554,000
646,000
646,000554,000575,000587,000606,000228,000232,000213,000126,000116,000557,000559,000114,000561,000664,000756,000838,000292,000417,000337,000753,000
       Accounts payable 
4,181,000
3,894,000
3,860,000
3,786,000
3,175,000
3,255,000
3,167,000
3,174,000
3,108,000
3,119,000
3,231,000
3,679,000
3,664,000
3,924,000
4,696,000
4,730,000
4,183,000
4,257,000
3,576,000
3,423,000
3,041,000
3,041,0003,423,0003,576,0004,257,0004,183,0004,730,0004,696,0003,924,0003,664,0003,679,0003,231,0003,119,0003,108,0003,174,0003,167,0003,255,0003,175,0003,786,0003,860,0003,894,0004,181,000
       Other Current Liabilities 
3,010,000
2,939,000
2,995,000
1,495,000
2,577,000
763,000
831,000
1,383,000
770,000
727,000
791,000
1,422,000
876,000
1,150,000
1,430,000
1,655,000
4,540,000
3,669,000
3,807,000
1,309,000
3,669,000
3,669,0001,309,0003,807,0003,669,0004,540,0001,655,0001,430,0001,150,000876,0001,422,000791,000727,000770,0001,383,000831,000763,0002,577,0001,495,0002,995,0002,939,0003,010,000
   > Long-term Liabilities 
11,816,000
12,134,000
12,298,000
11,672,000
11,566,000
12,560,000
12,212,000
11,885,000
11,756,000
10,800,000
10,705,000
10,486,000
10,085,000
9,575,000
9,364,000
8,743,000
8,166,000
7,965,000
8,048,000
8,299,000
7,568,000
7,568,0008,299,0008,048,0007,965,0008,166,0008,743,0009,364,0009,575,00010,085,00010,486,00010,705,00010,800,00011,756,00011,885,00012,212,00012,560,00011,566,00011,672,00012,298,00012,134,00011,816,000
       Long term Debt 
3,650,000
3,949,000
4,063,000
3,985,000
4,157,000
5,181,000
5,099,000
5,015,000
5,039,000
4,504,000
4,524,000
4,537,000
4,489,000
4,424,000
4,364,000
4,249,000
3,704,000
3,584,000
3,562,000
3,637,000
3,124,000
3,124,0003,637,0003,562,0003,584,0003,704,0004,249,0004,364,0004,424,0004,489,0004,537,0004,524,0004,504,0005,039,0005,015,0005,099,0005,181,0004,157,0003,985,0004,063,0003,949,0003,650,000
       Capital Lease Obligations 
1,067,000
971,000
973,000
1,030,000
962,000
956,000
931,000
910,000
1,040,000
1,030,000
1,030,000
1,009,000
1,072,000
1,101,000
1,097,000
1,042,000
1,032,000
1,032,000
1,035,000
997,000
986,000
986,000997,0001,035,0001,032,0001,032,0001,042,0001,097,0001,101,0001,072,0001,009,0001,030,0001,030,0001,040,000910,000931,000956,000962,0001,030,000973,000971,0001,067,000
       Long-term Liabilities Other 
86,000
97,000
92,000
52,000
85,000
0
0
36,000
-1,000
-1,000
0
85,000
2,000
253,000
195,000
57,000
94,000
96,000
80,000
69,000
103,000
103,00069,00080,00096,00094,00057,000195,000253,0002,00085,0000-1,000-1,00036,0000085,00052,00092,00097,00086,000
> Total Stockholder Equity
14,932,000
14,298,000
14,351,000
15,325,000
15,924,000
15,241,000
15,136,000
12,465,000
13,685,000
14,248,000
16,292,000
17,360,000
17,973,000
18,915,000
19,686,000
21,333,000
21,275,000
21,180,000
21,265,000
20,537,000
21,138,000
21,138,00020,537,00021,265,00021,180,00021,275,00021,333,00019,686,00018,915,00017,973,00017,360,00016,292,00014,248,00013,685,00012,465,00015,136,00015,241,00015,924,00015,325,00014,351,00014,298,00014,932,000
   Common Stock000000000000000000000
   Retained Earnings Total Equity000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000
   Capital Surplus 000000000000000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue22,258,000
Cost of Revenue-13,571,000
Gross Profit8,687,0008,687,000
 
Operating Income (+$)
Gross Profit8,687,000
Operating Expense-20,762,000
Operating Income1,496,000-12,075,000
 
Operating Expense (+$)
Research Development4,327,000
Selling General Administrative2,929,000
Selling And Marketing Expenses0
Operating Expense20,762,0007,256,000
 
Net Interest Income (+$)
Interest Income407,000
Interest Expense-358,000
Other Finance Cost-8,000
Net Interest Income41,000
 
Pretax Income (+$)
Operating Income1,496,000
Net Interest Income41,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,499,0001,534,000
EBIT - interestExpense = -358,000
665,000
1,023,000
Interest Expense358,000
Earnings Before Interest and Taxes (EBIT)01,857,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,499,000
Tax Provision-825,000
Net Income From Continuing Ops674,000674,000
Net Income665,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-38,000-41,000
 

Technical Analysis of Nokia Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nokia Corporation. The general trend of Nokia Corporation is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nokia Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nokia Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3.6495 < 3.6783 < 3.7211.

The bearish price targets are: 3.4715 > 3.3865 > 3.3308.

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Nokia Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nokia Corporation. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nokia Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nokia Corporation. The current macd is 0.04028604.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nokia Corporation price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nokia Corporation. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Nokia Corporation price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nokia Corporation Daily Moving Average Convergence/Divergence (MACD) ChartNokia Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nokia Corporation. The current adx is 20.80.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Nokia Corporation shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Nokia Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nokia Corporation. The current sar is 3.49182006.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Nokia Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nokia Corporation. The current rsi is 51.08. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Nokia Corporation Daily Relative Strength Index (RSI) ChartNokia Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nokia Corporation. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nokia Corporation price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nokia Corporation Daily Stochastic Oscillator ChartNokia Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nokia Corporation. The current cci is -57.38071429.

Nokia Corporation Daily Commodity Channel Index (CCI) ChartNokia Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nokia Corporation. The current cmo is -8.4287415.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nokia Corporation Daily Chande Momentum Oscillator (CMO) ChartNokia Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nokia Corporation. The current willr is -62.92134831.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nokia Corporation is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Nokia Corporation Daily Williams %R ChartNokia Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Nokia Corporation.

Nokia Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nokia Corporation. The current atr is 0.04055949.

Nokia Corporation Daily Average True Range (ATR) ChartNokia Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nokia Corporation. The current obv is 16,406.

Nokia Corporation Daily On-Balance Volume (OBV) ChartNokia Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nokia Corporation. The current mfi is 14.86.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Nokia Corporation Daily Money Flow Index (MFI) ChartNokia Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nokia Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Nokia Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nokia Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.084
Ma 20Greater thanMa 503.566
Ma 50Greater thanMa 1003.414
Ma 100Greater thanMa 2003.326
OpenGreater thanClose3.538
Total4/5 (80.0%)
Penke

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