NOKIA.PA vs. NOK
Compare and contrast key facts about Nokia Oyj (NOKIA.PA) and Nokia Corporation (NOK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOKIA.PA or NOK.
Correlation
The correlation between NOKIA.PA and NOK is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NOKIA.PA vs. NOK - Performance Comparison
Key characteristics
NOKIA.PA:
1.90
NOK:
1.53
NOKIA.PA:
2.69
NOK:
2.20
NOKIA.PA:
1.36
NOK:
1.30
NOKIA.PA:
1.07
NOK:
0.50
NOKIA.PA:
11.95
NOK:
7.27
NOKIA.PA:
4.15%
NOK:
6.19%
NOKIA.PA:
25.87%
NOK:
29.48%
NOKIA.PA:
-64.45%
NOK:
-95.97%
NOKIA.PA:
-16.41%
NOK:
-83.60%
Fundamentals
NOKIA.PA:
€25.42B
NOK:
$26.50B
NOKIA.PA:
€0.31
NOK:
$0.33
NOKIA.PA:
15.28
NOK:
15.00
NOKIA.PA:
1.64
NOK:
1.62
NOKIA.PA:
€13.46B
NOK:
$13.46B
NOKIA.PA:
€5.99B
NOK:
$8.44B
NOKIA.PA:
€1.91B
NOK:
$1.55B
Returns By Period
The year-to-date returns for both stocks are quite close, with NOKIA.PA having a 11.85% return and NOK slightly lower at 11.74%.
NOKIA.PA
11.85%
7.14%
29.09%
51.18%
6.23%
N/A
NOK
11.74%
9.76%
19.79%
45.84%
5.58%
-2.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NOKIA.PA vs. NOK — Risk-Adjusted Performance Rank
NOKIA.PA
NOK
NOKIA.PA vs. NOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nokia Oyj (NOKIA.PA) 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
NOKIA.PA vs. NOK - Dividend Comparison
NOKIA.PA's dividend yield for the trailing twelve months is around 2.75%, more than NOK's 2.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOKIA.PA Nokia Oyj | 2.75% | 3.05% | 3.59% | 1.38% | 0.00% | 0.00% | 4.54% | 3.75% | 4.37% | 3.50% | 0.00% | 0.00% |
NOK Nokia Corporation | 2.18% | 3.18% | 5.47% | 1.32% | 0.00% | 0.00% | 3.02% | 4.05% | 3.91% | 6.22% | 2.26% | 6.50% |
Drawdowns
NOKIA.PA vs. NOK - Drawdown Comparison
The maximum NOKIA.PA drawdown since its inception was -64.45%, smaller than the maximum NOK drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for NOKIA.PA and NOK. For additional features, visit the drawdowns tool.
Volatility
NOKIA.PA vs. NOK - Volatility Comparison
Nokia Oyj (NOKIA.PA) and Nokia Corporation (NOK) have volatilities of 8.52% and 8.56%, 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
NOKIA.PA vs. NOK - Financials Comparison
This section allows you to compare key financial metrics between Nokia Oyj 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