Past 5 years growth of NOK observed at -3.80%, and for the next five years the analysts that follow this company is expecting its growth at 17.38%.
In deciding what to focus on - in a stock, say - a typical day trader looks for three things: liquidity, volatility and trading volume. To a long-term shareholder, most technical indicators are of little value, as they do nothing to shed light on the underlying business. Whether a stock is in or out of their favor can have a big effect on its price.
At the moment, the 14-days ATR for Nokia Corporation (NYSE: NOK) is noted at 0.10. Unusual volume shows something has likely happened in the stock-such as a news release or traders have become anxious or euphoric about the stock's potential. The overall volume in the last trading session was 919,181 shares.
If you are going to be trading the stock, you want to ensure volume is healthy so you are not stuck in a position.
Several large investors have recently bought and sold shares of NOK. The third largest holder is Alliancebernstein L.P., which now holds $176.54 million worth of this stock and that ownership represents almost 0.56% of its market capitalization. Conversely, if a security's beta is less than 1, it indicates that the security is less volatile than the market. Volume is incredibly important to traders.
Chart patterns can be hard to read given the volatility in price movements of NOK.
Risk management is a fundamental process used to make investment decisions. Since they take the average of past price movements, moving averages are better for accurately reading past price movements rather than predicting future past movements. Taking current value along prior value is a smoothing technique similar to that used in calculating an exponential moving average. The stock increased 0.73% or $0.04 during the last trading session, reaching $5.56. Moving average is popular technical tool and can be customized to any time frame, suiting both long term investors and short-term traders.
It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. There can be no complete understanding of moving averages without an understanding of trends. If a security's beta is equal to 1, the security's price moves in time step with the market. (2) A downtrend, or bearish trend, means the price is moving lower.
Shares of NOK stock opened at $5.60 on Monday. The company's distance from 52-week high price is -16.44% and current price is above +23.21% from 52-week low price. This gives investors an idea of how much the security has moved in the a year ago and whether it is trading near the top, middle or bottom of the range.
The stock has current RSI value of 48.7. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
NOK has been the topic of a number of research analyst reports. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. Analysts use common formulas and ratios to accomplish this. The RSI oscillates between 0 and 100. Now have a look at past performance (weekly performance to year to date performance) how Nokia Corporation (NOK) has been moved; whether it performed well or not. The stock showed monthly performance of 4.16%. After a recent check, Nokia Corporation (NYSE: NOK) stock is found to be 1.38% volatile for the week, while 1.68% volatility is recorded for the month. ATR is a volatility indicator. A performance measure used to estimate the efficiency of an investment or to compare the ability of some different investments. The ATR is fairly simple to calculate and only needs historical price data.
Higher-beta stocks tend to be more volatile and therefore riskier, but provide the potential for higher returns. Liquidity allows an investor to enter and exit a stock at a good price (i.e. tight spreads, or the difference between the bid and ask price of a stock, and low slippage, or the difference between the predictable price of a trade and the actual price). Wilder created Average True Range to capture this "missing" volatility.
Over the past week, the company showed volatility of 1.38%.
This stock is ahead of its 52-week low with 22.39%. Beta measures the amount of systematic risk a security has relative to the whole market. ROI measures the amount of return on an investment relative to the investment's cost. There are numerous metrics that measure volatility in differing contexts, and each trader has favorites. Simply put, volatility is a reflection of the degree to which price moves.
VOLATILITY FACTOR: The stock remained 1.38% volatile in recent week and indicated 1.68% volatility in last month. Short Ratio of stock is 1.41. Beta element is utilized to gauge the unpredictability of the stock. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock.