UAA vs. NOK
UAA (Under Armour, Inc.) and NOK (Nokia Corporation) are both stocks. UAA operates in Apparel Manufacturing (Consumer Cyclical), while NOK operates in Communication Equipment (Technology). Over the past 10 years, UAA returned -15.99%/yr vs 7.32%/yr for NOK. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
UAA vs. NOK - Performance Comparison
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Returns By Period
In the year-to-date period, UAA achieves a 33.80% return, which is significantly lower than NOK's 43.36% return. Over the past 10 years, UAA has underperformed NOK with an annualized return of -15.99%, while NOK has yielded a comparatively higher 7.32% annualized return.
UAA
- 1D
- -2.64%
- 1M
- 0.30%
- 6M
- 7.78%
- YTD
- 33.80%
- 1Y
- 1.22%
- 3Y*
- -5.62%
- 5Y*
- -20.12%
- 10Y*
- -15.99%
- ALL TIME*
- 2.64%
NOK
- 1D
- 0.55%
- 1M
- -23.90%
- 6M
- 44.25%
- YTD
- 43.36%
- 1Y
- 130.28%
- 3Y*
- 36.45%
- 5Y*
- 11.29%
- 10Y*
- 7.32%
- ALL TIME*
- 6.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.02B | $1.02B | $1.45B | |
| $50.58M | $51.28M | $52.79M |
UAA vs. NOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UAA Under Armour, Inc. | 33.80% | -39.98% | -5.80% | -13.48% | -52.05% | 23.41% | -20.51% | 22.24% | 22.45% | -50.33% |
NOK Nokia Corporation | 43.36% | 50.85% | 34.33% | -23.97% | -24.44% | 59.08% | 5.39% | -34.91% | 30.04% | -0.22% |
Correlation
The correlation between UAA and NOK is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2005 | 0.28 |
The correlation between UAA and NOK shifts across timeframes, from 0.12 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UAA:
$2.84B
NOK:
$49.15B
UAA:
-$1.16
NOK:
€0.13
UAA:
0.57
NOK:
2.20
UAA:
2.00
NOK:
2.17
UAA:
$4.97B
NOK:
€20.27B
UAA:
$2.26B
NOK:
€9.00B
UAA:
-$36.44M
NOK:
€2.15B
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Return for Risk
UAA vs. NOK — Risk / Return Rank
UAA
NOK
UAA vs. NOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UAA) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UAA | NOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.37 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | 2.59 | -2.59 |
| Martin ratioReturn relative to average drawdown | 0.01 | 8.67 | -8.66 |
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Drawdowns
UAA vs. NOK - Drawdown Comparison
The maximum UAA drawdown since its inception was -91.99%, roughly equal to the maximum NOK drawdown of -95.99%. Use the drawdown chart below to compare losses from any high point for UAA and NOK.
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Drawdown Indicators
| UAA | NOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.99% | -95.99% | +4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -38.33% | -49.84% | +11.51% |
Max Drawdown (3Y)Largest decline over 3 years | -62.53% | -49.84% | -12.69% |
Max Drawdown (5Y)Largest decline over 5 years | -84.53% | -50.56% | -33.97% |
Max Drawdown (10Y)Largest decline over 10 years | -90.43% | -62.56% | -27.87% |
Current DrawdownCurrent decline from peak | -87.22% | -69.03% | -18.19% |
Average DrawdownAverage peak-to-trough decline | -46.09% | -64.83% | +18.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.94% | 14.89% | +10.05% |
Volatility
UAA vs. NOK - Volatility Comparison
The current volatility for Under Armour, Inc. (UAA) is 14.31%, while Nokia Corporation (NOK) has a volatility of 21.89%. This indicates that UAA 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.
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Volatility by Period
| UAA | NOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.31% | 21.89% | -7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 43.43% | 47.57% | -4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.31% | 58.81% | -4.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.08% | 38.46% | +14.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.25% | 41.10% | +11.15% |
Dividends
UAA vs. NOK - Dividend Comparison
UAA has not paid dividends to shareholders, while NOK's dividend yield for the trailing twelve months is around 1.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 1.78% | 2.45% | 3.17% | 3.51% | 1.32% | 0.00% | 0.00% | 3.01% | 4.06% | 4.07% | 6.02% | 2.22% |
UAA Under Armour, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
UAA vs. NOK - Financials Comparison
This section allows you to compare key financial metrics between Under Armour, Inc. 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
UAA vs. NOK - Profitability Comparison
UAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Under Armour, Inc. reported a gross profit of 492.04M and revenue of 1.17B. Therefore, the gross margin over that period was 42.0%.
NOK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nokia Corporation reported a gross profit of 2.15B and revenue of 4.82B. Therefore, the gross margin over that period was 44.6%.
UAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Under Armour, Inc. reported an operating income of -33.70M and revenue of 1.17B, resulting in an operating margin of -2.9%.
NOK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nokia Corporation reported an operating income of -50.00M and revenue of 4.82B, resulting in an operating margin of -1.0%.
UAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Under Armour, Inc. reported a net income of -43.39M and revenue of 1.17B, resulting in a net margin of -3.7%.
NOK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nokia Corporation reported a net income of 2.00M and revenue of 4.82B, resulting in a net margin of 0.0%.
Frequently Asked Questions
UAA and NOK have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOK has higher volatility (21.89%) compared to UAA (14.31%). In terms of maximum drawdown, UAA dropped -91.99% vs NOK's -95.99%.
NOK currently has the higher Sharpe Ratio (2.20 vs 0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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