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 0.15, 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
KBGGY vs. NVO - Performance Comparison
Key characteristics
KBGGY:
1.93
NVO:
-1.25
KBGGY:
2.51
NVO:
-1.92
KBGGY:
1.50
NVO:
0.75
KBGGY:
5.19
NVO:
-0.87
KBGGY:
16.62
NVO:
-1.81
KBGGY:
7.61%
NVO:
28.67%
KBGGY:
64.66%
NVO:
41.46%
KBGGY:
-24.36%
NVO:
-70.96%
KBGGY:
-8.57%
NVO:
-59.68%
Fundamentals
KBGGY:
$26.75B
NVO:
$282.79B
KBGGY:
$1.37
NVO:
$3.42
KBGGY:
54.31
NVO:
16.98
KBGGY:
3.51
NVO:
0.86
KBGGY:
0.55
NVO:
0.97
KBGGY:
14.94
NVO:
11.88
KBGGY:
$37.42B
NVO:
$225.05B
Returns By Period
In the year-to-date period, KBGGY achieves a 32.71% return, which is significantly higher than NVO's -31.39% return.
KBGGY
32.71%
-4.62%
44.47%
120.50%
N/A
N/A
NVO
-31.39%
-25.30%
-50.02%
-51.74%
14.89%
9.66%
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Risk-Adjusted Performance
KBGGY vs. NVO — Risk-Adjusted Performance Rank
KBGGY
NVO
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 0.87%, less than NVO's 2.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 0.87% | 1.16% | 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 | 2.78% | 1.68% | 0.99% | 1.18% | 1.34% | 1.86% | 2.12% | 2.46% | 2.13% | 3.94% | 1.31% | 1.96% |
Drawdowns
KBGGY vs. NVO - Drawdown Comparison
The maximum KBGGY drawdown since its inception was -24.36%, smaller than the maximum NVO drawdown of -70.96%. 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) has a higher volatility of 32.37% compared to Novo Nordisk A/S (NVO) at 15.88%. This indicates that KBGGY'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
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