Correlation
The correlation between CRVL and NVO is 0.31, 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.
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.
Performance
CRVL vs. NVO - Performance Comparison
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Key characteristics
CRVL:
1.17
NVO:
-1.05
CRVL:
1.59
NVO:
-1.51
CRVL:
1.19
NVO:
0.81
CRVL:
1.62
NVO:
-0.76
CRVL:
3.63
NVO:
-1.34
CRVL:
8.67%
NVO:
34.06%
CRVL:
33.49%
NVO:
43.26%
CRVL:
-67.12%
NVO:
-71.29%
CRVL:
-13.38%
NVO:
-50.36%
Fundamentals
CRVL:
$5.69B
NVO:
$303.58B
CRVL:
$1.83
NVO:
$3.57
CRVL:
60.51
NVO:
19.46
CRVL:
0.00
NVO:
1.26
CRVL:
6.35
NVO:
1.00
CRVL:
17.61
NVO:
14.65
CRVL:
$895.59M
NVO:
$303.14B
CRVL:
$209.73M
NVO:
$255.65B
CRVL:
$142.76M
NVO:
$154.08B
Returns By Period
In the year-to-date period, CRVL achieves a 0.01% return, which is significantly higher than NVO's -15.54% return. Over the past 10 years, CRVL has outperformed NVO with an annualized return of 26.40%, while NVO has yielded a comparatively lower 11.78% annualized return.
CRVL
0.01%
2.31%
-8.65%
39.00%
30.80%
37.51%
26.40%
NVO
-15.54%
7.60%
-31.97%
-45.09%
10.66%
18.68%
11.78%
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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.
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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 2.25%.
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 | 2.25% | 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 -71.29%. Use the drawdown chart below to compare losses from any high point for CRVL and NVO.
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Volatility
CRVL vs. NVO - Volatility Comparison
The current volatility for CorVel Corporation (CRVL) is 8.26%, while Novo Nordisk A/S (NVO) has a volatility of 13.11%. This indicates that CRVL experiences smaller price fluctuations and is considered to be less risky than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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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
CRVL vs. NVO - Profitability Comparison
CRVL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, CorVel Corporation reported a gross profit of 57.97M and revenue of 231.51M. Therefore, the gross margin over that period was 25.0%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported a gross profit of 65.20B and revenue of 78.09B. Therefore, the gross margin over that period was 83.5%.
CRVL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, CorVel Corporation reported an operating income of 33.32M and revenue of 231.51M, resulting in an operating margin of 14.4%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported an operating income of 38.79B and revenue of 78.09B, resulting in an operating margin of 49.7%.
CRVL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, CorVel Corporation reported a net income of 26.42M and revenue of 231.51M, resulting in a net margin of 11.4%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported a net income of 29.03B and revenue of 78.09B, resulting in a net margin of 37.2%.