Nokia Oyj

10-Year Study

0HAF.LSE · · GB · Common Stock

Executive Summary: Nokia Oyj has compounded at 7.9% annually over the last 10 years, with a maximum drawdown of 47.5% and an annualized volatility of 33.1%.

1Y CAGR
+101.1%
3Y CAGR
+36.6%
5Y CAGR
+18.5%
10Y CAGR
+7.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
47.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.27
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.45
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
35.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +75.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · -32.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-4.322.75.724.7————————54.9%
20255.34.23.8-9.26.5-4.8-17.51.710.448.8-12.16.335.1%
20248.9-1.50.75.44.1-0.12.78.9-0.512.4-9.47.243.8%
2023-0.11.42.8-14.1-1.21.5-6.23.1-3.5-11.22.6-4.2-27.1%
2022-5.3-7.83.1-2.3-2.9-5.315.1-1.2-13.12.43.7-6.2-20.4%
202125.4-16.83.216.16.07.413.6-0.5-6.53.20.412.375.2%
20206.4-2.1-17.116.77.08.64.92.8-19.7-13.415.4-5.6-4.4%
201910.3-3.9-4.8-7.9-3.1-2.512.9-7.83.3-28.9-2.83.0-32.8%
2018-0.923.9-6.611.03.1-0.2-5.83.3-0.44.7-2.93.633.6%
2017-9.416.33.74.712.2-5.55.7-9.0-3.1-16.4-0.4-6.8-12.2%
2016———-1.6-1.11.42.0-0.90.7-20.7-0.313.1-10.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 33.1%. The dominant macroeconomic risk driver is TLT.US, accounting for 14.5% of variance. Idiosyncratic stock-specific factors contribute 31.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019843.787608915418
2016-05-019739.565782506137
2016-06-019871.22707360516
2016-07-0110071.487026428536
2016-08-019976.411688249169
2016-09-0110046.695229384297
2016-10-017962.740095316034
2016-11-017937.226207095749
2016-12-018979.685168247244
2017-01-018136.764068743079
2017-02-019463.48625619795
2017-03-019814.42256775622
2017-04-0110278.72719395369
2017-05-0111532.518172627928
2017-06-0110893.467481827372
2017-07-0111516.632166754922
2017-08-0110485.48596736148
2017-09-0110163.67399990372
2017-10-018493.236412651037
2017-11-018457.131853848745
2017-12-017880.6623983054915
2018-01-017810.378857170364
2018-02-019675.781061955422
2018-03-019035.045491744091
2018-04-0110028.161555865787
2018-05-0110337.457276272084
2018-06-0110316.757329225436
2018-07-019722.235594281037
2018-08-0110040.437105858566
2018-09-019996.389544119771
2018-10-0110463.101140904058
2018-11-0110161.748423434265
2018-12-0110525.923073220045
2019-01-0111613.873778462426
2019-02-0111157.993549318826
2019-03-0110617.869349636547
2019-04-019782.650556010205
2019-05-019478.168776777547
2019-06-019236.99032397824
2019-07-0110426.27449092572
2019-08-019614.403311991528
2019-09-019935.974582390603
2019-10-017060.126125258749
2019-11-016862.273143022192
2019-12-017068.309825253935
2020-01-017520.338901458625
2020-02-017361.2381456698595
2020-03-016101.42974052857
2020-04-017121.744572281326
2020-05-017618.543301400857
2020-06-018272.517209839694
2020-07-018675.203389014587
2020-08-018916.622538872574
2020-09-017158.0898281423
2020-10-016196.505078707937
2020-11-017152.794492851296
2020-12-016755.40364896741
2021-01-018470.12949501757
2021-02-017051.220334087517
2021-03-017274.58720454436
2021-04-018446.54118326674
2021-05-018956.578250613777
2021-06-019618.013767871756
2021-07-0110927.646464160207
2021-08-0110878.30356713041
2021-09-0110168.969335194724
2021-10-0110490.540605593798
2021-11-0110534.347470273913
2021-12-0111833.389495980358
2022-01-0111204.929475761804
2022-02-0110336.494488037355
2022-03-0110652.770423145428
2022-04-0110408.703605641938
2022-05-0110109.276464641602
2022-06-019568.670870841957
2022-07-0111014.297405285706
2022-08-0110883.839599480094
2022-09-019457.228132672219
2022-10-019686.371732537427
2022-11-0110040.67780291725
2022-12-019414.384056226832
2023-01-019402.830597410099
2023-02-019529.918644394163
2023-03-019797.333076589804
2023-04-018412.602897992587
2023-05-018313.195012756943
2023-06-018435.469118567371
2023-07-017913.156501227554
2023-08-018157.704712848409
2023-09-017869.8310306648045
2023-10-016987.4356135368025
2023-11-017166.995619313531
2023-12-016864.680113609011
2024-01-017478.939007365329
2024-02-017363.645116256678
2024-03-017412.02522505175
2024-04-017808.934674818273
2024-05-018131.228036393395
2024-06-018119.915274635343
2024-07-018342.560053916142
2024-08-019083.666297597842
2024-09-019042.266403504549
2024-10-0110167.765849901314
2024-11-019210.032253405863
2024-12-019873.634044191978
2025-01-0110394.983873297067
2025-02-0110834.496702450293
2025-03-0111246.810763972464
2025-04-0110214.942473402974
2025-05-0110879.266355365136
2025-06-0110357.916526260049
2025-07-018541.135127328744
2025-08-018687.478939007366
2025-09-019593.221970827515
2025-10-0114274.298368073942
2025-11-0112546.334183796274
2025-12-0113336.06123333173
2026-01-0112759.11038367111
2026-02-0115659.750637847204
2026-03-0116559.235546141623
2026-04-0120651.807634910703
Annual Return Matrix
YearAnnual Return
2017-0.12238990001876338
20180.33566476283558844
2019-0.32848551370881074
2020-0.04426888238098481
20210.7516924392503384
2022-0.2044220246933669
2023-0.2708306701096823
20240.43832398316970567
20250.3506740450013408
20260.5485687470671046
Total Factor Risk
0.33116506741106666
VTI.US Exposure
-0.04872397388395614
VEA.US Exposure
0.10147302832960117
VWO.US Exposure
-0.016617164009916887
QQQ.US Exposure
0.1214470754403162
VTV.US Exposure
0.04395317365092392
IJR.US Exposure
-0.028351016449205096
QUAL.US Exposure
-0.014836363364744995
SHV.US Exposure
0.019043484087074573
TLT.US Exposure
0.14480219722170773
LQD.US Exposure
0.08383592750544398
HYG.US Exposure
0.049452277208103454
GLD.US Exposure
-0.0029016793965309013
USO.US Exposure
0.0018540010379856026
VNQ.US Exposure
0.03147414201202572
BTC-USD.CC Exposure
0.0040546197638684075
CPER.US Exposure
0.1044795092668227
VIX.INDX Exposure
0.021875281065808667
UUP.US Exposure
0.01104827215147696
TIP.US Exposure
0.05794610505158082
Idiosyncratic Exposure
0.31469110331161426
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
33.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
33.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.81%
Market Cap$28.4B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$72
Avg Yield on Cost
0.72%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$72.210.72%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+24.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+64.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.61
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Nokia Oyj a high-risk investment?

Nokia Oyj (0HAF.LSE) has an annualized volatility of 33.1% and experienced a maximum drawdown of 47.5% over the last 10 years. Its primary macro risk driver is TLT.US.

What is the 10-year return of 0HAF.LSE?

Over the past 10 years, 0HAF.LSE has generated a Compound Annual Growth Rate (CAGR) of 7.9%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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