Bullish Case: Nokia's persistent IP litigation success and NATO DIANA project involvement might hint at improved future licensing revenue and defense sector growth, respectively.


Bearish Case: Ongoing patent dispute burdens, combined with a lackluster historical price performance and recent market underperformance, suggest potential for continued investor skepticism.


Potential Outcomes: 30% chance Nokia's Reddit IP claim facilitates favorable settlement, bolstering finances. 40% probability recent litigation setbacks drag on reputation, stifling stock growth. 25% likelihood of sustained market bearishness.


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April 09, 2024


Nokia Forecast

NOK        Nokia
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

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HSY Forecast + Options Trading Strategies   [HSY]  Hershey (0.9)


CDMO Forecast + Options Trading Strategies   [CDMO]  Avid Bioservices (0.87)


IEP Forecast + Options Trading Strategies   [IEP]  Icahn (0.86)


NVCR Forecast + Options Trading Strategies   [NVCR]  NovoCure (0.86)


GOOS Forecast + Options Trading Strategies   [GOOS]  Canada Goose Holdings Inc (Subord Vot Shs) (0.85)



Uncorrelated Stock Forecasts

Assets with little price relationship to NOK



SOFI Forecast + Options Trading Strategies   [SOFI]  SoFi (0.0)


JEPI Forecast + Options Trading Strategies   [JEPI]  JPMorgan Equity Premium Income (0.0)


ABT Forecast + Options Trading Strategies   [ABT]  Abbott Laboratories (-0.0)


XBI Forecast + Options Trading Strategies   [XBI]  SPDR Biotech (-0.0)


NCLH Forecast + Options Trading Strategies   [NCLH]  Norwegian Cruise Line (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NOK



LFMD Forecast + Options Trading Strategies   [LFMD]  LifeMD (-0.8)


LOGI Forecast + Options Trading Strategies   [LOGI]  Logitech International (-0.8)


PDD Forecast + Options Trading Strategies   [PDD]  Pinduoduo (-0.82)


IMVT Forecast + Options Trading Strategies   [IMVT]  Immunovant (-0.82)


LPG Forecast + Options Trading Strategies   [LPG]  Dorian LPG (-0.83)





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