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NOK vs. ERIC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

NOK vs. ERIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nokia Corporation (NOK) and Telefonaktiebolaget LM Ericsson (publ) (ERIC). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
8.96%
38.88%
NOK
ERIC

Returns By Period

In the year-to-date period, NOK achieves a 25.25% return, which is significantly lower than ERIC's 32.49% return. Over the past 10 years, NOK has underperformed ERIC with an annualized return of -4.03%, while ERIC has yielded a comparatively higher -1.70% annualized return.


NOK

YTD

25.25%

1M

-12.31%

6M

8.96%

1Y

21.35%

5Y (annualized)

5.82%

10Y (annualized)

-4.03%

ERIC

YTD

32.49%

1M

-4.98%

6M

38.87%

1Y

68.96%

5Y (annualized)

0.83%

10Y (annualized)

-1.70%

Fundamentals


NOKERIC
Market Cap$23.14B$26.71B
EPS$0.17-$0.04
PEG Ratio0.483.53
Total Revenue (TTM)$19.17B$246.85B
Gross Profit (TTM)$10.82B$106.81B
EBITDA (TTM)$2.38B$43.67B

Key characteristics


NOKERIC
Sharpe Ratio0.642.31
Sortino Ratio1.123.16
Omega Ratio1.151.40
Calmar Ratio0.240.73
Martin Ratio3.527.89
Ulcer Index6.06%8.69%
Daily Std Dev33.62%29.72%
Max Drawdown-95.97%-98.60%
Current Drawdown-86.32%-88.71%

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Correlation

-0.50.00.51.00.6

The correlation between NOK and ERIC 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

NOK vs. ERIC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and Telefonaktiebolaget LM Ericsson (publ) (ERIC). 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.


Sharpe ratio
The chart of Sharpe ratio for NOK, currently valued at 0.64, compared to the broader market-4.00-2.000.002.004.000.642.31
The chart of Sortino ratio for NOK, currently valued at 1.12, compared to the broader market-4.00-2.000.002.004.001.123.16
The chart of Omega ratio for NOK, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.40
The chart of Calmar ratio for NOK, currently valued at 0.24, compared to the broader market0.002.004.006.000.240.73
The chart of Martin ratio for NOK, currently valued at 3.52, compared to the broader market0.0010.0020.0030.003.527.89
NOK
ERIC

The current NOK Sharpe Ratio is 0.64, which is lower than the ERIC Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of NOK and ERIC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.64
2.31
NOK
ERIC

Dividends

NOK vs. ERIC - Dividend Comparison

NOK's dividend yield for the trailing twelve months is around 3.41%, more than ERIC's 3.27% yield.


TTM20232022202120202019201820172016201520142013
NOK
Nokia Corporation
3.41%5.47%1.32%0.00%0.00%3.02%4.05%3.91%6.22%2.26%6.50%0.00%
ERIC
Telefonaktiebolaget LM Ericsson (publ)
3.27%4.05%4.27%2.18%1.36%1.24%1.42%1.68%7.36%4.10%3.82%3.54%

Drawdowns

NOK vs. ERIC - Drawdown Comparison

The maximum NOK drawdown since its inception was -95.97%, roughly equal to the maximum ERIC drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for NOK and ERIC. For additional features, visit the drawdowns tool.


-92.00%-90.00%-88.00%-86.00%-84.00%JuneJulyAugustSeptemberOctoberNovember
-86.32%
-88.71%
NOK
ERIC

Volatility

NOK vs. ERIC - Volatility Comparison

Nokia Corporation (NOK) has a higher volatility of 10.38% compared to Telefonaktiebolaget LM Ericsson (publ) (ERIC) at 6.92%. This indicates that NOK's price experiences larger fluctuations and is considered to be riskier than ERIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
10.38%
6.92%
NOK
ERIC

Financials

NOK vs. ERIC - Financials Comparison

This section allows you to compare key financial metrics between Nokia Corporation and Telefonaktiebolaget LM Ericsson (publ). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items