CRVL vs. NVO
Compare and contrast key facts about CorVel Corporation (CRVL) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRVL or NVO.
Correlation
The correlation between CRVL and NVO is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CRVL vs. NVO - Performance Comparison
Key characteristics
CRVL:
1.46
NVO:
-0.92
CRVL:
2.18
NVO:
-1.21
CRVL:
1.27
NVO:
0.84
CRVL:
2.83
NVO:
-0.73
CRVL:
6.73
NVO:
-1.65
CRVL:
7.13%
NVO:
20.79%
CRVL:
32.83%
NVO:
37.29%
CRVL:
-67.12%
NVO:
-71.32%
CRVL:
-8.66%
NVO:
-46.80%
Fundamentals
CRVL:
$6.03B
NVO:
$350.00B
CRVL:
$1.70
NVO:
$3.15
CRVL:
69.02
NVO:
24.72
CRVL:
0.00
NVO:
1.14
CRVL:
$871.31M
NVO:
$290.40B
CRVL:
$128.21M
NVO:
$245.88B
CRVL:
$138.72M
NVO:
$148.56B
Returns By Period
In the year-to-date period, CRVL achieves a 5.46% return, which is significantly higher than NVO's -9.47% return. Over the past 10 years, CRVL has outperformed NVO with an annualized return of 25.88%, while NVO has yielded a comparatively lower 15.51% annualized return.
CRVL
5.46%
7.79%
11.48%
42.30%
33.97%
25.88%
NVO
-9.47%
-1.04%
-42.27%
-36.52%
21.43%
15.51%
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Risk-Adjusted Performance
CRVL vs. NVO — Risk-Adjusted Performance Rank
CRVL
NVO
CRVL vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CorVel Corporation (CRVL) and Novo Nordisk A/S (NVO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CRVL vs. NVO - Dividend Comparison
CRVL has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 1.85%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CRVL CorVel Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 1.85% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
CRVL vs. NVO - Drawdown Comparison
The maximum CRVL drawdown since its inception was -67.12%, smaller than the maximum NVO drawdown of -71.32%. Use the drawdown chart below to compare losses from any high point for CRVL and NVO. For additional features, visit the drawdowns tool.
Volatility
CRVL vs. NVO - Volatility Comparison
CorVel Corporation (CRVL) and Novo Nordisk A/S (NVO) have volatilities of 12.90% and 13.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CRVL vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between CorVel Corporation and Novo Nordisk A/S. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities