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 -17.33%/yr vs 14.47%/yr for NOK. At a 0.29 correlation, their price movements are largely independent.
Performance
UAA vs. NOK - Performance Comparison
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Returns By Period
In the year-to-date period, UAA achieves a 9.26% return, which is significantly lower than NOK's 162.99% return. Over the past 10 years, UAA has underperformed NOK with an annualized return of -17.33%, while NOK has yielded a comparatively higher 14.47% annualized return.
UAA
- 1D
- -1.99%
- 1M
- -13.67%
- YTD
- 9.26%
- 6M
- 19.08%
- 1Y
- -16.59%
- 3Y*
- -11.52%
- 5Y*
- -24.51%
- 10Y*
- -17.33%
NOK
- 1D
- 3.69%
- 1M
- 26.69%
- YTD
- 162.99%
- 6M
- 174.88%
- 1Y
- 225.76%
- 3Y*
- 65.99%
- 5Y*
- 28.29%
- 10Y*
- 14.47%
UAA vs. NOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UAA Under Armour, Inc. | 9.26% | -39.98% | -5.80% | -13.48% | -52.05% | 23.41% | -20.51% | 22.24% | 22.45% | -50.33% |
NOK Nokia Corporation | 162.99% | 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 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2005 | 0.29 |
The correlation between UAA and NOK shifts across timeframes, from 0.19 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UAA:
$2.31B
NOK:
$96.43B
UAA:
-$1.16
NOK:
$0.14
UAA:
0.47
NOK:
4.68
UAA:
1.64
NOK:
4.55
UAA:
$4.97B
NOK:
$20.00B
UAA:
$2.26B
NOK:
$8.82B
UAA:
-$36.44M
NOK:
$2.24B
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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.
| UAA | NOK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.30 | 4.47 | -4.78 |
Sortino ratioReturn per unit of downside risk | -0.08 | 5.03 | -5.11 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.66 | -0.67 |
Calmar ratioReturn relative to maximum drawdown | -0.44 | 9.41 | -9.85 |
Martin ratioReturn relative to average drawdown | -0.71 | 18.43 | -19.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UAA | NOK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 4.47 | -4.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | 0.78 | -1.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.33 | 0.36 | -0.69 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.20 | -0.14 |
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 | -43.42% | -24.59% | -18.83% |
Max Drawdown (3Y)Largest decline over 3 years | -62.53% | -29.74% | -32.79% |
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 | -89.57% | -43.18% | -46.39% |
Average DrawdownAverage peak-to-trough decline | -45.70% | -64.87% | +19.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.93% | 12.55% | +14.38% |
Volatility
UAA vs. NOK - Volatility Comparison
Under Armour, Inc. (UAA) and Nokia Corporation (NOK) have volatilities of 23.01% and 23.89%, 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.
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Volatility by Period
| UAA | NOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.01% | 23.89% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 43.30% | 37.32% | +5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.68% | 50.83% | +3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.73% | 36.43% | +16.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.12% | 40.22% | +11.90% |
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 0.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOK Nokia Corporation | 0.97% | 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 Jun 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 Jun 2026, Nokia Corporation reported a gross profit of 1.99B and revenue of 4.50B. Therefore, the gross margin over that period was 44.2%.
UAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 Jun 2026, Nokia Corporation reported an operating income of 63.00M and revenue of 4.50B, resulting in an operating margin of 1.4%.
UAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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 Jun 2026, Nokia Corporation reported a net income of 86.00M and revenue of 4.50B, resulting in a net margin of 1.9%.
Frequently Asked Questions
UAA and NOK have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOK has higher volatility (23.89%) compared to UAA (23.01%). In terms of maximum drawdown, UAA dropped -91.99% vs NOK's -95.99%.
NOK currently has the higher Sharpe Ratio (4.47 vs -0.30), 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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