NOK vs. SID

Last updated Apr 2, 2026

Compare and contrast key facts about Nokia Corporation (NOK) and Companhia Siderúrgica Nacional (SID).

Performance

NOK vs. SID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nokia Corporation (NOK) and Companhia Siderúrgica Nacional (SID). The values are adjusted to include any dividend payments, if applicable.

NOK vs. SID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NOK Nokia Corporation	28.51%	50.85%	34.33%	-23.97%	-24.44%	59.08%	5.39%	-34.91%	30.04%	-0.22%
SID Companhia Siderúrgica Nacional	-20.62%	11.11%	-59.60%	69.73%	-29.68%	-22.18%	72.67%	68.56%	-10.61%	-24.15%

Fundamentals

Market Cap NOK : $45.51B SID : $1.68B
EPS NOK : $0.11 SID : -$1.52
PS Ratio NOK : 2.38 SID : 0.04
PB Ratio NOK : 2.17 SID : 0.13
Total Revenue (TTM) NOK : $19.10B SID : $44.97B
Gross Profit (TTM) NOK : $8.04B SID : $12.27B
EBITDA (TTM) NOK : $1.94B SID : $6.53B

Returns By Period

In the year-to-date period, NOK achieves a 28.51% return, which is significantly higher than SID's -20.62% return. Over the past 10 years, NOK has outperformed SID with an annualized return of 6.36%, while SID has yielded a comparatively lower 0.19% annualized return.

NOK

• 1D: 2.86%
• 1M: 0.12%
• YTD: 28.51%
• 6M: 73.46%
• 1Y: 59.74%
• 3Y*: 23.03%
• 5Y*: 18.40%
• 10Y*: 6.36%

SID

• 1D: 2.42%
• 1M: -22.56%
• YTD: -20.62%
• 6M: -17.53%
• 1Y: -23.95%
• 3Y*: -19.43%
• 5Y*: -21.10%
• 10Y*: 0.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NOK vs. SID — Risk / Return Rank

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

NOK

NOK Risk / Return Rank: 80
NOK Sharpe Ratio Rank: 82
NOK Sortino Ratio Rank: 80
NOK Omega Ratio Rank: 80
NOK Calmar Ratio Rank: 81
NOK Martin Ratio Rank: 76

SID

SID Risk / Return Rank: 21
SID Sharpe Ratio Rank: 22
SID Sortino Ratio Rank: 22
SID Omega Ratio Rank: 23
SID Calmar Ratio Rank: 24
SID Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOK vs. SID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nokia Corporation (NOK) and Companhia Siderúrgica Nacional (SID). 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.

	NOK	SID	Difference
Sharpe ratio Return per unit of total volatility	1.39	-0.43	+1.82
Sortino ratio Return per unit of downside risk	2.17	-0.29	+2.46
Omega ratio Gain probability vs. loss probability	1.29	0.97	+0.33
Calmar ratio Return relative to maximum drawdown	2.52	-0.50	+3.02
Martin ratio Return relative to average drawdown	4.88	-1.41	+6.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NOK vs. SID - Sharpe Ratio Comparison

The current NOK Sharpe Ratio is 1.39, which is higher than the SID Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of NOK and SID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NOK	SID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	-0.43	+1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	-0.40	+0.94
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	0.00	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.18	-0.03

Correlation

The correlation between NOK and SID is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NOK vs. SID - Dividend Comparison

NOK's dividend yield for the trailing twelve months is around 1.97%, while SID has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NOK Nokia Corporation	1.97%	2.45%	3.17%	3.51%	1.32%	0.00%	0.00%	3.01%	4.06%	4.07%	6.02%	2.22%
SID Companhia Siderúrgica Nacional	0.00%	0.00%	15.93%	12.83%	14.31%	8.41%	0.03%	6.89%	0.00%	0.00%	0.00%	14.30%

Drawdowns

NOK vs. SID - Drawdown Comparison

The maximum NOK drawdown since its inception was -95.99%, roughly equal to the maximum SID drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for NOK and SID.

Drawdown Indicators

	NOK	SID	Difference
Max Drawdown Largest peak-to-trough decline	-95.99%	-95.79%	-0.20%
Max Drawdown (1Y) Largest decline over 1 year	-24.59%	-47.64%	+23.05%
Max Drawdown (5Y) Largest decline over 5 years	-50.56%	-82.86%	+32.30%
Max Drawdown (10Y) Largest decline over 10 years	-62.56%	-82.86%	+20.30%
Current Drawdown Current decline from peak	-72.24%	-87.84%	+15.60%
Average Drawdown Average peak-to-trough decline	-64.91%	-51.42%	-13.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.68%	16.99%	-4.31%

Volatility

NOK vs. SID - Volatility Comparison

The current volatility for Nokia Corporation (NOK) is 10.99%, while Companhia Siderúrgica Nacional (SID) has a volatility of 23.98%. This indicates that NOK experiences smaller price fluctuations and is considered to be less risky than SID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOK	SID	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.99%	23.98%	-12.99%
Volatility (6M) Calculated over the trailing 6-month period	35.89%	43.65%	-7.76%
Volatility (1Y) Calculated over the trailing 1-year period	43.15%	55.94%	-12.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.40%	53.03%	-18.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.11%	61.14%	-22.03%

Financials

NOK vs. SID - Profitability Comparison

The chart below illustrates the profitability comparison between Nokia Corporation and Companhia Siderúrgica Nacional over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NOK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a gross profit of 2.13B and revenue of 5.34B. Therefore, the gross margin over that period was 40.0%.

SID - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Companhia Siderúrgica Nacional reported a gross profit of 3.60B and revenue of 11.58B. Therefore, the gross margin over that period was 31.1%.

NOK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported an operating income of 1.31B and revenue of 5.34B, resulting in an operating margin of 24.5%.

SID - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Companhia Siderúrgica Nacional reported an operating income of 973.16M and revenue of 11.58B, resulting in an operating margin of 8.4%.

NOK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nokia Corporation reported a net income of 495.18M and revenue of 5.34B, resulting in a net margin of 9.3%.

SID - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Companhia Siderúrgica Nacional reported a net income of -1.10B and revenue of 11.58B, resulting in a net margin of -9.5%.