ERIC
Price
$8.04
Change
+$0.04 (+0.50%)
Updated
Nov 14, 11:44 AM (EDT)
71 days until earnings call
NOKBF
Price
$4.43
Change
-$0.04 (-0.89%)
Updated
Nov 13 closing price
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ERIC vs NOKBF

Header iconERIC vs NOKBF Comparison
Open Charts ERIC vs NOKBFBanner chart's image
Ericsson
Price$8.04
Change+$0.04 (+0.50%)
Volume$497
CapitalizationN/A
Nokia
Price$4.43
Change-$0.04 (-0.89%)
Volume$2.48K
CapitalizationN/A
ERIC vs NOKBF Comparison Chart
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ERIC
Daily Signalchanged days ago
Gain/Loss if shorted
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ERIC vs. NOKBF 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 NOKBF is a Hold.

COMPARISON
Comparison
Nov 14, 2024
Stock price -- (ERIC: $8.00 vs. NOKBF: $4.43)
Brand notoriety: ERIC: Notable vs. NOKBF: Not notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: ERIC: 110% vs. NOKBF: 0%
Market capitalization -- ERIC: $17.96B vs. NOKBF: $21.85B
ERIC [@Telecommunications Equipment] is valued at $17.96B. NOKBF’s [@Telecommunications Equipment] market capitalization is $21.85B. 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 whileNOKBF’s FA Score has 1 green FA rating(s).

  • ERIC’s FA Score: 2 green, 3 red.
  • NOKBF’s FA Score: 1 green, 4 red.
According to our system of comparison, ERIC is a better buy in the long-term than NOKBF.

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.

  • ERIC’s TA Score: 4 bullish, 4 bearish.

Price Growth

ERIC (@Telecommunications Equipment) experienced а -2.20% price change this week, while NOKBF (@Telecommunications Equipment) price change was -1.99% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -0.00%. For the same industry, the average monthly price growth was -0.00%, and the average quarterly price growth was +21.02%.

Reported Earning Dates

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

Industries' Descriptions

@Telecommunications Equipment (-0.00% 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
NOKBF($21.9B) has a higher market cap than ERIC($18B). ERIC has higher P/E ratio than NOKBF: ERIC (13.57) vs NOKBF (4.85). ERIC (32.363) and NOKBF (32.002) have similar YTD gains . NOKBF has higher annual earnings (EBITDA): 3.51B vs. ERIC (-8.9B). ERIC has more cash in the bank: 50.3B vs. NOKBF (7.48B). NOKBF has less debt than ERIC: NOKBF (5.2B) vs ERIC (54.3B). ERIC has higher revenues than NOKBF: ERIC (263B) vs NOKBF (25.3B).
ERICNOKBFERIC / NOKBF
Capitalization18B21.9B82%
EBITDA-8.9B3.51B-254%
Gain YTD32.36332.002101%
P/E Ratio13.574.85280%
Revenue263B25.3B1,040%
Total Cash50.3B7.48B673%
Total Debt54.3B5.2B1,044%
FUNDAMENTALS RATINGS
ERIC vs NOKBF: Fundamental Ratings
ERIC
NOKBF
OUTLOOK RATING
1..100
5668
VALUATION
overvalued / fair valued / undervalued
1..100
9
Undervalued
7
Undervalued
PROFIT vs RISK RATING
1..100
94100
SMR RATING
1..100
8886
PRICE GROWTH RATING
1..100
3946
P/E GROWTH RATING
1..100
2168
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.

NOKBF's Valuation (7) in the null industry is in the same range as ERIC (9) in the Telecommunications Equipment industry. This means that NOKBF’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 NOKBF (100) in the null industry. This means that ERIC’s stock grew similarly to NOKBF’s over the last 12 months.

NOKBF's SMR Rating (86) in the null industry is in the same range as ERIC (88) in the Telecommunications Equipment industry. This means that NOKBF’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 NOKBF (46) in the null industry. This means that ERIC’s stock grew similarly to NOKBF’s over the last 12 months.

ERIC's P/E Growth Rating (21) in the Telecommunications Equipment industry is somewhat better than the same rating for NOKBF (68) in the null industry. This means that ERIC’s stock grew somewhat faster than NOKBF’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ERIC
RSI
ODDS (%)
Bearish Trend 1 day ago
62%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
62%
Momentum
ODDS (%)
Bearish Trend 1 day ago
59%
MACD
ODDS (%)
Bearish Trend 1 day ago
52%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
60%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
58%
Advances
ODDS (%)
Bullish Trend about 1 month ago
60%
Declines
ODDS (%)
Bearish Trend 1 day ago
60%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
60%
Aroon
ODDS (%)
Bullish Trend 1 day ago
54%
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ERIC
Daily Signalchanged days ago
Gain/Loss if shorted
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NOKBF and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOKBF
1D Price
Change %
NOKBF100%
-0.89%
NOK - NOKBF
71%
Closely correlated
-0.89%
ERIC - NOKBF
35%
Loosely correlated
-0.99%
ZBRA - NOKBF
25%
Poorly correlated
-0.61%
UI - NOKBF
22%
Poorly correlated
-3.44%
HPE - NOKBF
22%
Poorly correlated
+0.55%
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