Nokia OYJ Rated 81% by Multi-Factor Investor Model

In a recent report, Nokia OYJ (ADR) achieved an impressive rating of 81% using the Multi-Factor Investor model, indicating investor interest despite a final rank failure. Analysts highlight its low volatility and strong momentum as key strengths.

Date: 16-11-2024

AI Rating: 6

Nokia OYJ (ADR) has received high marks in a recent report, generating an 81% rating based on its underlying fundamentals and valuation. This rating suggests that the stock has piqued the interest of investors who follow the Multi-Factor Investor strategy, especially as a large-cap growth stock in the Communications Equipment industry.

The report highlights several important factors:

Market Cap: The stock has passed this criterion, indicating a solid market presence.
Standard Deviation: This metric also passed, suggesting stability in its historical price volatility.
Twelve Minus One Momentum: This factor was rated neutral, indicating that while the momentum is present, it may not be significant enough to drive investor confidence further.
Net Payout Yield: This metric also had a neutral rating, signaling that while the returns to shareholders are reasonable, they may not stand out as a primary driver of investment appeal.
Final Rank: The stock was deemed to have failed in this category, which may signal potential concerns despite the overall high score.

Overall, the combination of a solid market cap and low volatility positions Nokia favorably for potential investors, particularly those looking for investments that exhibit lower risk. Despite the neutral ratings in momentum and net payout yield, which may dissuade some investors, the high rating suggests that Nokia is worth following for those committed to a multi-factor investment approach.

Stocks: NOK