ERIC vs. NOK
Compare and contrast key facts about Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Nokia Corporation (NOK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIC or NOK.
Key characteristics
| ERIC | NOK | |
|---|---|---|
| YTD Return | -7.49% | 15.82% |
| 1Y Return | 13.65% | 0.37% |
| 3Y Return (Ann) | -21.42% | -5.06% |
| 5Y Return (Ann) | -6.88% | -2.78% |
| 10Y Return (Ann) | -4.97% | -3.08% |
| Sharpe Ratio | 0.52 | 0.07 |
| Daily Std Dev | 29.64% | 30.70% |
| Max Drawdown | -98.60% | -96.01% |
| Current Drawdown | -92.11% | -87.49% |
Fundamentals
| ERIC | NOK | |
|---|---|---|
| Market Cap | $17.88B | $20.71B |
| EPS | -$0.70 | $0.16 |
| PE Ratio | 13.39 | 23.25 |
| PEG Ratio | 3.53 | 0.47 |
| Revenue (TTM) | $254.12B | $21.07B |
| Gross Profit (TTM) | $113.49B | $10.31B |
| EBITDA (TTM) | $24.51B | $3.02B |
Correlation
The correlation between ERIC and NOK is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ERIC vs. NOK - Performance Comparison
In the year-to-date period, ERIC achieves a -7.49% return, which is significantly lower than NOK's 15.82% return. Over the past 10 years, ERIC has underperformed NOK with an annualized return of -4.97%, while NOK has yielded a comparatively higher -3.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ERIC vs. NOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Nokia Corporation (NOK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ERIC vs. NOK - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 4.39%, more than NOK's 3.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 4.39% | 4.01% | 4.22% | 2.12% | 1.33% | 1.23% | 1.35% | 1.67% | 7.36% | 4.07% | 3.79% | 3.54% |
NOK Nokia Corporation | 3.61% | 5.42% | 1.31% | 0.00% | 0.00% | 3.02% | 4.05% | 4.07% | 6.02% | 2.22% | 6.43% | 0.00% |
Drawdowns
ERIC vs. NOK - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.60%, roughly equal to the maximum NOK drawdown of -96.01%. Use the drawdown chart below to compare losses from any high point for ERIC and NOK. For additional features, visit the drawdowns tool.
Volatility
ERIC vs. NOK - Volatility Comparison
Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Nokia Corporation (NOK) have volatilities of 7.91% and 8.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ERIC vs. NOK - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Nokia Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities