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.
Performance
ERIC vs. NOK - Performance Comparison
Returns By Period
In the year-to-date period, ERIC achieves a 32.16% return, which is significantly higher than NOK's 28.89% return. Over the past 10 years, ERIC has outperformed NOK with an annualized return of -1.73%, while NOK has yielded a comparatively lower -3.58% annualized return.
ERIC
32.16%
-5.56%
36.66%
68.20%
0.78%
-1.73%
NOK
28.89%
-10.68%
9.28%
24.88%
6.44%
-3.58%
Fundamentals
| ERIC | NOK | |
|---|---|---|
| Market Cap | $26.71B | $23.14B |
| EPS | -$0.04 | $0.17 |
| PEG Ratio | 3.53 | 0.48 |
| Total Revenue (TTM) | $246.85B | $19.17B |
| Gross Profit (TTM) | $106.81B | $10.82B |
| EBITDA (TTM) | $43.67B | $2.38B |
Key characteristics
| ERIC | NOK | |
|---|---|---|
| Sharpe Ratio | 2.19 | 0.68 |
| Sortino Ratio | 3.03 | 1.18 |
| Omega Ratio | 1.38 | 1.16 |
| Calmar Ratio | 0.70 | 0.25 |
| Martin Ratio | 7.51 | 3.82 |
| Ulcer Index | 8.68% | 5.97% |
| Daily Std Dev | 29.79% | 33.54% |
| Max Drawdown | -98.60% | -95.97% |
| Current Drawdown | -88.74% | -85.92% |
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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.
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 3.28%, less than NOK's 3.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.28% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% | 3.54% |
NOK Nokia Corporation | 3.32% | 5.47% | 1.32% | 0.00% | 0.00% | 3.02% | 4.05% | 3.91% | 6.22% | 2.26% | 6.50% | 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 -95.97%. 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
The current volatility for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is 6.91%, while Nokia Corporation (NOK) has a volatility of 10.10%. This indicates that ERIC experiences smaller price fluctuations and is considered to be less risky than NOK based on this measure. 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