KBGGY vs. NVO
Compare and contrast key facts about Kongsberg Gruppen ASA (KBGGY) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KBGGY or NVO.
Correlation
The correlation between KBGGY and NVO is 0.10, 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
KBGGY vs. NVO - Performance Comparison
Key characteristics
KBGGY:
2.71
NVO:
-0.43
KBGGY:
3.45
NVO:
-0.37
KBGGY:
1.68
NVO:
0.95
KBGGY:
8.20
NVO:
-0.36
KBGGY:
31.51
NVO:
-1.15
KBGGY:
4.89%
NVO:
13.25%
KBGGY:
56.67%
NVO:
35.35%
KBGGY:
-18.77%
NVO:
-71.30%
KBGGY:
-14.60%
NVO:
-41.92%
Fundamentals
KBGGY:
$21.22B
NVO:
$486.49B
KBGGY:
$1.23
NVO:
$2.99
KBGGY:
49.04
NVO:
36.12
KBGGY:
1.87
NVO:
1.61
KBGGY:
$46.90B
NVO:
$270.58B
Returns By Period
In the year-to-date period, KBGGY achieves a 153.94% return, which is significantly higher than NVO's -16.93% return.
KBGGY
153.94%
0.51%
32.75%
153.94%
N/A
N/A
NVO
-16.93%
-19.26%
-39.90%
-16.95%
26.03%
17.16%
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Risk-Adjusted Performance
KBGGY vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KBGGY) 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
KBGGY vs. NVO - Dividend Comparison
KBGGY's dividend yield for the trailing twelve months is around 1.23%, less than NVO's 1.70% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Kongsberg Gruppen ASA | 1.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Novo Nordisk A/S | 1.70% | 0.99% | 1.18% | 1.34% | 1.86% | 2.12% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
Drawdowns
KBGGY vs. NVO - Drawdown Comparison
The maximum KBGGY drawdown since its inception was -18.77%, smaller than the maximum NVO drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for KBGGY and NVO. For additional features, visit the drawdowns tool.
Volatility
KBGGY vs. NVO - Volatility Comparison
Kongsberg Gruppen ASA (KBGGY) and Novo Nordisk A/S (NVO) have volatilities of 19.81% and 20.80%, 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
KBGGY vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Kongsberg Gruppen ASA 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