Nokia Corporation

10-Year Study

NOA3.XETRA · Technology · DE · Common Stock

Executive Summary: Nokia Corporation has compounded at 8.5% annually over the last 10 years, with a maximum drawdown of 100.0% and an annualized volatility of 372.0%.

1Y CAGR
+310606.2%
3Y CAGR
+1034.2%
5Y CAGR
+18.5%
10Y CAGR
+8.5%

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 →
100.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
68620.49
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
6006139.45
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
7070.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · +34380.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -97.6%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
30%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202621508.019.85.026.9————————34380.0%
2025-36.90.0-97.90.05300.050.0-56.871.4959.7-45.0-65.4106.6235.6%
2024-25.00.0-35.7-30.10.00.00.00.00.00.0187.0-3.9-6.9%
20235.6-36.8-8.318.2-44.60.052.8-27.3-25.0-8.345.50.0-55.6%
20225.0-7.1-15.4-36.4-4.80.0-10.0-16.70.026.7-5.30.0-55.0%
20210.042.9-22.015.44059.6-96.7-15.3-21.9-14.6-11.4-30.6-7.0-42.9%
20207.0-0.6-17.316.36.69.65.0-0.6-17.4-13.615.6-97.6-97.6%
201910.8-3.0-5.1-7.8-2.3-2.812.6-7.83.3-28.7-2.33.1-31.1%
2018-1.323.7-5.710.92.60.7-6.53.6-0.65.2-4.23.031.8%
2017-9.816.33.74.910.5-4.90.6-3.4-3.0-17.10.5-7.1-12.4%
2016———-1.6-0.14.70.8-1.41.9-20.9-0.213.5-6.6%

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 372.0%. The dominant macroeconomic risk driver is SHV.US, accounting for 9.4% of variance. Idiosyncratic stock-specific factors contribute 71.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019838.291537257115
2016-05-019828.537693472625
2016-06-0110289.79183243923
2016-07-0110377.063066300469
2016-08-0110228.958648835955
2016-09-0110421.725403629456
2016-10-018242.254677994815
2016-11-018221.976950127055
2016-12-019335.968582355808
2017-01-018425.010908904233
2017-02-019796.709361123232
2017-03-0110161.965142842475
2017-04-0110661.20793654868
2017-05-0111785.210092661515
2017-06-0111204.343027285095
2017-07-0111271.079853178982
2017-08-0110884.519623193613
2017-09-0110558.535896711926
2017-10-018750.994635385918
2017-11-018796.940373212865
2017-12-018174.491131702558
2018-01-018065.658769475602
2018-02-019973.561949742038
2018-03-019405.015529146025
2018-04-0110426.859005621294
2018-05-0110698.683231089091
2018-06-0110774.403860468698
2018-07-0110073.66718858287
2018-08-0110438.152930003336
2018-09-0110372.956184706998
2018-10-0110915.57791524423
2018-11-0110459.970738468646
2018-12-0110770.296978875227
2019-01-0111935.624631022356
2019-02-0111579.609332888422
2019-03-0110985.13822223363
2019-04-0110132.190251289816
2019-05-019902.461562155086
2019-06-019622.680253599938
2019-07-0110835.493724171565
2019-08-019993.582997510202
2019-09-0110325.983726481685
2019-10-017361.585256295079
2019-11-017195.256551759541
2019-12-017421.135039400395
2020-01-017942.965681870684
2020-02-017891.629661952308
2020-03-016528.915013219025
2020-04-017592.854026027361
2020-05-018094.663620729484
2020-06-018870.09420159655
2020-07-019313.637413691316
2020-08-019253.317590287224
2020-09-017644.190045945738
2020-10-016607.45912369414
2020-11-017638.5430837547165
2020-12-01179.67607047928135
2021-01-01179.67607047928135
2021-02-01256.68010341671015
2021-03-01200.21048181248338
2021-04-01231.01209881228647
2021-05-019609.076208321567
2021-06-01318.0266338475581
2021-07-01269.5140961568432
2021-08-01210.4776874790844
2021-09-01179.67607047928135
2021-10-01159.14165914607932
2021-11-01110.37244657284272
2021-12-01102.67203754185253
2022-01-01107.80564037515305
2022-02-01100.10524090624169
2022-03-0184.70443240634016
2022-04-0153.90282018757652
2022-05-0151.336018770926266
2022-06-0151.336018770926266
2022-07-0146.20241593762575
2022-08-0138.5020140781947
2022-09-0138.5020140781947
2022-10-0148.76921735427601
2022-11-0146.20241593762575
2022-12-0146.20241593762575
2023-01-0148.76921735427601
2023-02-0130.80161221876364
2023-03-0128.23481080211339
2023-04-0133.3684136354139
2023-05-0118.480966853154243
2023-06-0118.480966853154243
2023-07-0128.23481080211339
2023-08-0120.534408942682333
2023-09-0115.40080610938182
2023-10-0114.117405401056695
2023-11-0120.534408942682333
2023-12-0120.534408942682333
2024-01-0115.40080610938182
2024-02-0115.40080610938182
2024-03-019.907851986147767
2024-04-016.930362868747805
2024-05-016.930362868747805
2024-06-016.930362868747805
2024-07-016.930362868747805
2024-08-016.930362868747805
2024-09-016.930362868747805
2024-10-016.930362868747805
2024-11-0119.892707393259915
2024-12-0119.12266720731681
2025-01-0112.06396450678846
2025-02-0112.06396450678846
2025-03-010.2566800931075939
2025-04-010.2566800931075939
2025-05-0113.86072573749561
2025-06-0120.79108860624342
2025-07-018.983803763016038
2025-08-0115.40080610938182
2025-09-01163.19720452379963
2025-10-0189.83803523964067
2025-11-0131.058291882324728
2025-12-0164.17002585417754
2026-01-0113865.858979953286
2026-02-0116607.202443594546
2026-03-0117438.845966272234
2026-04-0122125.824584819937
Annual Return Matrix
YearAnnual Return
2017-0.12440888595623012
20180.3175495337080416
2019-0.3109628217349857
2020-0.9757885997862399
2021-0.428571443776695
2022-0.550000009313226
2023-0.5555555153132203
2024-0.06875005456967953
20252.3557047852417
2026343.79999486207964
Total Factor Risk
3.7196110949065067
VTI.US Exposure
0.0436398563040607
VEA.US Exposure
-0.005545435735109175
VWO.US Exposure
0.0014805170490478955
QQQ.US Exposure
-0.0063124447471372075
VTV.US Exposure
0.05449889593186831
IJR.US Exposure
0.019470759797813993
QUAL.US Exposure
-0.012370004284814237
SHV.US Exposure
0.09409253431908347
TLT.US Exposure
0.0009182109706262759
LQD.US Exposure
0.022937304516856504
HYG.US Exposure
-0.001647940247296222
GLD.US Exposure
0.020111318385216317
USO.US Exposure
0.002778513458290223
VNQ.US Exposure
-0.0095556948843861
BTC-USD.CC Exposure
0.011788890600156525
CPER.US Exposure
-0.0029708012770832694
VIX.INDX Exposure
-0.0014678339535764355
UUP.US Exposure
0.029829878199562926
TIP.US Exposure
0.022602834522447313
Idiosyncratic Exposure
0.7157206410743723
Value Score
23.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
23.4
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
372.0%

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 →67.0x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.95%
Market Cap$41.1B
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
$77
Avg Yield on Cost
0.77%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$770.77%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 →
+24.9%
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 →
+196.8%
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 →
76.6% 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 →
0.51
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Nokia Corporation a high-risk investment?

Nokia Corporation (NOA3.XETRA) has an annualized volatility of 372.0% and experienced a maximum drawdown of 100.0% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of NOA3.XETRA?

Over the past 10 years, NOA3.XETRA has generated a Compound Annual Growth Rate (CAGR) of 8.5%. It has had a positive return in 30% 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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