NOK
Nokia Corporation Technology - Telecom Equipment Investor Relations →
Nokia Corporation (NOK) closed at $13.49 as of 2026-06-19, trading 174.0% above its 200-week moving average of $4.92. The stock is currently moving closer to the line, down from 203.4% last week. With a 14-week RSI of 73, NOK is in overbought territory.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.01 ratio) is neutral — neither side is clearly dominating.
Over the past 1620 weeks of data, NOK has crossed below its 200-week moving average 28 times. On average, these episodes lasted 29 weeks. The average one-year return after crossing below was -3.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $75.3 billion, NOK is a large-cap stock. The company generates a free cash flow yield of 2.1%. Return on equity stands at 3.7%. The stock trades at 3.1x book value.
Over the past 31.1 years, a hypothetical investment of $100 in NOK would have grown to $781, compared to $2363 for the S&P 500. NOK has returned 6.8% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NOK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NOK Crosses Below the Line?
Across 28 historical episodes, buying NOK when it crossed below its 200-week moving average produced an average return of -5.3% after 12 months (median -10.0%), compared to +12.3% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +3.3% vs +30.7% for the index.
Each line shows $100 invested at the moment NOK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices NOK would reach each dislocation threshold.
Dislocation Price Levels
Prices where NOK's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-23.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $8.32 | Unusually cheap — potential buy zone |
| Value | +1σ | $9.57 | Cheap vs. own history |
| Fair Value | +0σ | $11.27 | Historical mean behavior |
| Expensive | -1σ | $13.69 | Expensive vs. own history |
| Deep Expensive | -2σ | $17.45 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from NOK's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
NOK has crossed below its 200-week MA 28 times with an average 1-year return of +-3.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1995 | Aug 1996 | 37 | 25.5% | +67.5% | +1296.3% |
| Feb 2001 | Mar 2001 | 3 | 7.1% | -8.1% | +29.8% |
| Apr 2001 | Apr 2001 | 1 | 0.0% | -13.7% | +17.5% |
| Jun 2001 | Apr 2005 | 201 | 59.9% | -43.9% | +22.1% |
| Jul 2005 | Jul 2005 | 1 | 2.2% | +26.0% | +63.0% |
| Aug 2005 | Aug 2005 | 2 | 2.4% | +39.3% | +61.9% |
| Sep 2008 | Sep 2013 | 262 | 79.9% | -27.6% | +14.4% |
| May 2016 | Jul 2016 | 10 | 12.1% | +15.1% | +205.9% |
| Aug 2016 | May 2017 | 42 | 30.0% | +22.6% | +200.2% |
| Sep 2017 | Apr 2018 | 34 | 23.9% | -7.5% | +166.5% |
| May 2018 | Jun 2018 | 1 | 1.5% | -9.1% | +172.9% |
| Jul 2018 | Oct 2018 | 12 | 7.4% | +7.1% | +184.0% |
| Nov 2018 | Dec 2018 | 2 | 1.1% | -36.2% | +179.3% |
| Dec 2018 | Dec 2018 | 1 | 0.4% | -32.9% | +179.3% |
| Apr 2019 | Jul 2019 | 13 | 9.8% | -35.4% | +186.1% |
| Aug 2019 | Aug 2020 | 51 | 47.5% | -3.3% | +190.5% |
| Aug 2020 | May 2021 | 35 | 32.0% | +34.8% | +235.2% |
| Feb 2022 | Mar 2022 | 2 | 2.2% | +2.2% | +212.9% |
| May 2022 | May 2022 | 1 | 0.5% | -14.4% | +209.6% |
| Jun 2022 | Jul 2022 | 6 | 5.3% | -13.1% | +218.2% |
| Sep 2022 | Nov 2022 | 8 | 11.1% | -12.9% | +221.7% |
| Dec 2022 | Jan 2023 | 3 | 1.5% | -27.4% | +220.2% |
| Jan 2023 | Jan 2023 | 1 | 1.3% | -23.2% | +221.6% |
| Feb 2023 | Feb 2023 | 1 | 1.0% | -20.0% | +222.2% |
| Mar 2023 | Mar 2023 | 1 | 2.2% | -15.5% | +226.5% |
| Apr 2023 | Sep 2024 | 75 | 28.9% | -13.6% | +249.7% |
| Nov 2024 | Dec 2024 | 3 | 2.6% | +46.0% | +231.5% |
| Jul 2025 | Aug 2025 | 3 | 5.2% | N/A | +236.8% |
| Average | 29 | — | +-3.6% | — |
Frequently Asked Questions
Is NOK below its 200-week moving average?
No. Nokia Corporation (NOK) is currently 174.0% above its 200-week moving average of $4.92. It would need to fall to $4.92 to cross below the line.
What is NOK's 200-week moving average price?
Nokia Corporation's 200-week moving average is $4.92 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NOK drops below its 200-week moving average?
NOK has crossed below its 200-week moving average 28 times in our data. The average one-year return after these crossings was -3.6%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 29 weeks on average.
Is NOK a good value right now?
Here's what our data says about NOK as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 73 (overbought). Free cash flow yield is 2.1%. Return on equity is 3.7%. Price-to-book is 3.1x. This is not a buy or sell recommendation — always do your own research.
How does NOK compare to the S&P 500?
Over the past 31.1 years, $100 invested in NOK would have grown to $781, compared to $2363 for the S&P 500. That's 6.8% annualized vs 10.7% for the index. NOK has underperformed the broader market over this period.
Does NOK pay a dividend?
Yes. Nokia Corporation currently pays a dividend yield of 117.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19