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

Correlation

The correlation between NOK and ERIC is 0.55, 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.


-0.50.00.51.0
Correlation: 0.5

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.

0.00%200.00%400.00%600.00%800.00%NovemberDecember2025FebruaryMarchApril
730.01%
107.03%
NOK
ERIC

Key characteristics

Sharpe Ratio

NOK:

1.21

ERIC:

1.71

Sortino Ratio

NOK:

1.77

ERIC:

2.36

Omega Ratio

NOK:

1.25

ERIC:

1.35

Calmar Ratio

NOK:

0.44

ERIC:

0.62

Martin Ratio

NOK:

6.12

ERIC:

8.94

Ulcer Index

NOK:

6.31%

ERIC:

6.50%

Daily Std Dev

NOK:

32.04%

ERIC:

33.93%

Max Drawdown

NOK:

-95.97%

ERIC:

-98.60%

Current Drawdown

NOK:

-83.41%

ERIC:

-88.22%

Fundamentals

Market Cap

NOK:

$26.19B

ERIC:

$27.23B

EPS

NOK:

$0.25

ERIC:

$0.05

PE Ratio

NOK:

19.44

ERIC:

164.60

PEG Ratio

NOK:

1.56

ERIC:

3.53

PS Ratio

NOK:

1.36

ERIC:

0.11

PB Ratio

NOK:

1.11

ERIC:

3.08

Total Revenue (TTM)

NOK:

$14.78B

ERIC:

$249.58B

Gross Profit (TTM)

NOK:

$12.24B

ERIC:

$113.71B

EBITDA (TTM)

NOK:

$2.23B

ERIC:

$46.20B

Returns By Period

In the year-to-date period, NOK achieves a 13.41% return, which is significantly higher than ERIC's 3.27% return. Over the past 10 years, NOK has underperformed ERIC with an annualized return of -1.59%, while ERIC has yielded a comparatively higher -0.54% annualized return.


NOK

YTD

13.41%

1M

-5.13%

6M

5.32%

1Y

40.18%

5Y*

10.30%

10Y*

-1.59%

ERIC

YTD

3.27%

1M

1.75%

6M

-1.38%

1Y

61.71%

5Y*

3.71%

10Y*

-0.54%

*Annualized

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Risk-Adjusted Performance

NOK vs. ERIC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOK
The Risk-Adjusted Performance Rank of NOK is 8383
Overall Rank
The Sharpe Ratio Rank of NOK is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of NOK is 8383
Sortino Ratio Rank
The Omega Ratio Rank of NOK is 8383
Omega Ratio Rank
The Calmar Ratio Rank of NOK is 7171
Calmar Ratio Rank
The Martin Ratio Rank of NOK is 9090
Martin Ratio Rank

ERIC
The Risk-Adjusted Performance Rank of ERIC is 8989
Overall Rank
The Sharpe Ratio Rank of ERIC is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of ERIC is 9090
Sortino Ratio Rank
The Omega Ratio Rank of ERIC is 9191
Omega Ratio Rank
The Calmar Ratio Rank of ERIC is 7777
Calmar Ratio Rank
The Martin Ratio Rank of ERIC is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for NOK, currently valued at 1.21, compared to the broader market-2.00-1.000.001.002.003.00
NOK: 1.21
ERIC: 1.71
The chart of Sortino ratio for NOK, currently valued at 1.77, compared to the broader market-6.00-4.00-2.000.002.004.00
NOK: 1.77
ERIC: 2.36
The chart of Omega ratio for NOK, currently valued at 1.25, compared to the broader market0.501.001.502.00
NOK: 1.25
ERIC: 1.35
The chart of Calmar ratio for NOK, currently valued at 0.44, compared to the broader market0.001.002.003.004.005.00
NOK: 0.44
ERIC: 0.62
The chart of Martin ratio for NOK, currently valued at 6.12, compared to the broader market-5.000.005.0010.0015.0020.00
NOK: 6.12
ERIC: 8.94

The current NOK Sharpe Ratio is 1.21, which is comparable to the ERIC Sharpe Ratio of 1.71. 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 Ratio1.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
1.21
1.71
NOK
ERIC

Dividends

NOK vs. ERIC - Dividend Comparison

NOK's dividend yield for the trailing twelve months is around 1.92%, less than ERIC's 3.19% yield.


TTM20242023202220212020201920182017201620152014
NOK
Nokia Corporation
1.92%3.18%5.47%1.32%0.00%0.00%3.02%4.05%3.91%6.22%2.26%6.50%
ERIC
Telefonaktiebolaget LM Ericsson (publ)
3.19%3.20%4.01%4.22%2.12%1.33%1.23%1.35%1.67%7.36%4.07%3.79%

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.


-90.00%-88.00%-86.00%-84.00%-82.00%NovemberDecember2025FebruaryMarchApril
-83.41%
-88.22%
NOK
ERIC

Volatility

NOK vs. ERIC - Volatility Comparison

Nokia Corporation (NOK) and Telefonaktiebolaget LM Ericsson (publ) (ERIC) have volatilities of 15.82% and 15.34%, 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.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.82%
15.34%
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