ERIC
Price
$8.08
Change
-$0.00 (-0.00%)
Updated
Nov 12 closing price
72 days until earnings call
NOK
Price
$4.50
Change
-$0.00 (-0.00%)
Updated
Nov 12 closing price
78 days until earnings call
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ERIC vs NOK

Header iconERIC vs NOK Comparison
Open Charts ERIC vs NOKBanner chart's image
Ericsson
Price$8.08
Change-$0.00 (-0.00%)
Volume$19.68M
CapitalizationN/A
Nokia
Price$4.50
Change-$0.00 (-0.00%)
Volume$17.06M
CapitalizationN/A
ERIC vs NOK Comparison Chart
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ERIC
Daily Signalchanged days ago
Gain/Loss if shorted
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NOK
Daily Signalchanged days ago
Gain/Loss if shorted
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ERIC vs. NOK commentary
Nov 14, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ERIC is a Hold and NOK is a Hold.

COMPARISON
Comparison
Nov 14, 2024
Stock price -- (ERIC: $8.08 vs. NOK: $4.50)
Brand notoriety: ERIC and NOK are both notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: ERIC: 124% vs. NOK: 82%
Market capitalization -- ERIC: $17.96B vs. NOK: $19.67B
ERIC [@Telecommunications Equipment] is valued at $17.96B. NOK’s [@Telecommunications Equipment] market capitalization is $19.67B. The market cap for tickers in the [@Telecommunications Equipment] industry ranges from $202.5B to $0. The average market capitalization across the [@Telecommunications Equipment] industry is $4.92B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ERIC’s FA Score shows that 2 FA rating(s) are green whileNOK’s FA Score has 2 green FA rating(s).

  • ERIC’s FA Score: 2 green, 3 red.
  • NOK’s FA Score: 2 green, 3 red.
According to our system of comparison, both ERIC and NOK are a good buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ERIC’s TA Score shows that 4 TA indicator(s) are bullish while NOK’s TA Score has 3 bullish TA indicator(s).

  • ERIC’s TA Score: 4 bullish, 4 bearish.
  • NOK’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, ERIC is a better buy in the short-term than NOK.

Price Growth

ERIC (@Telecommunications Equipment) experienced а -3.23% price change this week, while NOK (@Telecommunications Equipment) price change was -4.46% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was +0.13%. For the same industry, the average monthly price growth was -0.43%, and the average quarterly price growth was +21.08%.

Reported Earning Dates

ERIC is expected to report earnings on Jan 24, 2025.

NOK is expected to report earnings on Jan 30, 2025.

Industries' Descriptions

@Telecommunications Equipment (+0.13% weekly)

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NOK($19.7B) has a higher market cap than ERIC($18B). NOK has higher P/E ratio than ERIC: NOK (27.01) vs ERIC (13.57). NOK YTD gains are higher at: 37.398 vs. ERIC (33.687). NOK has higher annual earnings (EBITDA): 2.94B vs. ERIC (-8.9B). ERIC has more cash in the bank: 50.3B vs. NOK (8.24B). NOK has less debt than ERIC: NOK (5.19B) vs ERIC (54.3B). ERIC has higher revenues than NOK: ERIC (263B) vs NOK (22.3B).
ERICNOKERIC / NOK
Capitalization18B19.7B91%
EBITDA-8.9B2.94B-302%
Gain YTD33.68737.39890%
P/E Ratio13.5727.0150%
Revenue263B22.3B1,179%
Total Cash50.3B8.24B610%
Total Debt54.3B5.19B1,047%
FUNDAMENTALS RATINGS
ERIC vs NOK: Fundamental Ratings
ERIC
NOK
OUTLOOK RATING
1..100
5872
VALUATION
overvalued / fair valued / undervalued
1..100
8
Undervalued
7
Undervalued
PROFIT vs RISK RATING
1..100
94100
SMR RATING
1..100
8887
PRICE GROWTH RATING
1..100
3944
P/E GROWTH RATING
1..100
233
SEASONALITY SCORE
1..100
7550

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

NOK's Valuation (7) in the Telecommunications Equipment industry is in the same range as ERIC (8). This means that NOK’s stock grew similarly to ERIC’s over the last 12 months.

ERIC's Profit vs Risk Rating (94) in the Telecommunications Equipment industry is in the same range as NOK (100). This means that ERIC’s stock grew similarly to NOK’s over the last 12 months.

NOK's SMR Rating (87) in the Telecommunications Equipment industry is in the same range as ERIC (88). This means that NOK’s stock grew similarly to ERIC’s over the last 12 months.

ERIC's Price Growth Rating (39) in the Telecommunications Equipment industry is in the same range as NOK (44). This means that ERIC’s stock grew similarly to NOK’s over the last 12 months.

NOK's P/E Growth Rating (3) in the Telecommunications Equipment industry is in the same range as ERIC (23). This means that NOK’s stock grew similarly to ERIC’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ERICNOK
RSI
ODDS (%)
Bearish Trend 2 days ago
62%
Bearish Trend 2 days ago
66%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
59%
Bullish Trend 2 days ago
68%
Momentum
ODDS (%)
Bearish Trend 2 days ago
59%
Bearish Trend 2 days ago
48%
MACD
ODDS (%)
Bearish Trend 2 days ago
60%
Bearish Trend 2 days ago
59%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
60%
Bearish Trend 2 days ago
58%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
58%
Bullish Trend 2 days ago
59%
Advances
ODDS (%)
Bullish Trend about 1 month ago
60%
Bullish Trend 29 days ago
62%
Declines
ODDS (%)
Bearish Trend 2 days ago
60%
Bearish Trend 14 days ago
62%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
56%
Bearish Trend 2 days ago
60%
Aroon
ODDS (%)
Bullish Trend 2 days ago
54%
Bullish Trend 2 days ago
72%
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ERIC
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
NOK
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ERIC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ERIC has been loosely correlated with NOK. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if ERIC jumps, then NOK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERIC
1D Price
Change %
ERIC100%
-1.10%
NOK - ERIC
45%
Loosely correlated
-1.32%
ADTN - ERIC
43%
Loosely correlated
-1.22%
ERIXF - ERIC
40%
Loosely correlated
N/A
CLFD - ERIC
39%
Loosely correlated
-5.11%
KN - ERIC
36%
Loosely correlated
-3.46%
More

NOK and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOK has been closely correlated with NOKBF. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if NOK jumps, then NOKBF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOK
1D Price
Change %
NOK100%
-1.32%
NOKBF - NOK
71%
Closely correlated
-1.22%
ERIC - NOK
45%
Loosely correlated
-1.10%
CLFD - NOK
33%
Poorly correlated
-5.11%
UI - NOK
30%
Poorly correlated
+2.68%
ZBRA - NOK
29%
Poorly correlated
-0.09%
More