IDCC vs. NVO
Compare and contrast key facts about InterDigital, Inc. (IDCC) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDCC or NVO.
Correlation
The correlation between IDCC and NVO is 0.14, 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
IDCC vs. NVO - Performance Comparison
Key characteristics
IDCC:
3.15
NVO:
-1.18
IDCC:
4.59
NVO:
-1.75
IDCC:
1.62
NVO:
0.77
IDCC:
5.92
NVO:
-0.84
IDCC:
22.49
NVO:
-1.70
IDCC:
4.75%
NVO:
28.42%
IDCC:
33.86%
NVO:
40.79%
IDCC:
-94.15%
NVO:
-71.29%
IDCC:
-12.46%
NVO:
-56.35%
Fundamentals
IDCC:
$5.06B
NVO:
$282.79B
IDCC:
$12.07
NVO:
$3.44
IDCC:
16.32
NVO:
18.28
IDCC:
1.38
NVO:
0.95
IDCC:
5.83
NVO:
0.97
IDCC:
6.08
NVO:
13.13
IDCC:
$604.97M
NVO:
$225.05B
IDCC:
$532.32M
NVO:
$190.45B
IDCC:
$414.53M
NVO:
$113.24B
Returns By Period
In the year-to-date period, IDCC achieves a 2.25% return, which is significantly higher than NVO's -25.72% return. Over the past 10 years, IDCC has outperformed NVO with an annualized return of 16.96%, while NVO has yielded a comparatively lower 10.89% annualized return.
IDCC
2.25%
-10.03%
26.31%
105.94%
36.25%
16.96%
NVO
-25.72%
-20.28%
-45.87%
-48.05%
16.76%
10.89%
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Risk-Adjusted Performance
IDCC vs. NVO — Risk-Adjusted Performance Rank
IDCC
NVO
IDCC vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for InterDigital, Inc. (IDCC) 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
IDCC vs. NVO - Dividend Comparison
IDCC's dividend yield for the trailing twelve months is around 0.96%, less than NVO's 2.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 0.96% | 0.85% | 1.34% | 2.83% | 1.95% | 2.31% | 2.57% | 2.11% | 1.64% | 0.99% | 1.63% | 1.13% |
NVO Novo Nordisk A/S | 2.56% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
IDCC vs. NVO - Drawdown Comparison
The maximum IDCC drawdown since its inception was -94.15%, which is greater than NVO's maximum drawdown of -71.29%. Use the drawdown chart below to compare losses from any high point for IDCC and NVO. For additional features, visit the drawdowns tool.
Volatility
IDCC vs. NVO - Volatility Comparison
The current volatility for InterDigital, Inc. (IDCC) is 13.01%, while Novo Nordisk A/S (NVO) has a volatility of 14.39%. This indicates that IDCC 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.
Financials
IDCC vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between InterDigital, Inc. 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