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:
2.70
NVO:
-0.84
IDCC:
3.89
NVO:
-1.07
IDCC:
1.59
NVO:
0.86
IDCC:
4.79
NVO:
-0.68
IDCC:
15.79
NVO:
-1.49
IDCC:
5.55%
NVO:
21.32%
IDCC:
31.95%
NVO:
37.67%
IDCC:
-94.15%
NVO:
-71.32%
IDCC:
-0.13%
NVO:
-42.79%
Fundamentals
IDCC:
$5.58B
NVO:
$366.23B
IDCC:
$12.08
NVO:
$3.18
IDCC:
17.99
NVO:
26.23
IDCC:
1.48
NVO:
1.20
IDCC:
$868.52M
NVO:
$290.40B
IDCC:
$719.30M
NVO:
$245.88B
IDCC:
$544.75M
NVO:
$148.56B
Returns By Period
In the year-to-date period, IDCC achieves a 12.29% return, which is significantly higher than NVO's -2.65% return. Over the past 10 years, IDCC has outperformed NVO with an annualized return of 17.57%, while NVO has yielded a comparatively lower 15.77% annualized return.
IDCC
12.29%
26.36%
62.46%
101.98%
30.65%
17.57%
NVO
-2.65%
3.34%
-38.82%
-29.99%
23.31%
15.77%
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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 0.78%, less than NVO's 1.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 0.78% | 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 | 1.72% | 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 -71.32%. 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
InterDigital, Inc. (IDCC) has a higher volatility of 15.80% compared to Novo Nordisk A/S (NVO) at 13.09%. This indicates that IDCC's price experiences larger fluctuations and is considered to be riskier 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