NOVO-B.CO vs. UBER
NOVO-B.CO (Novo Nordisk A/S) and UBER (Uber Technologies, Inc.) are both stocks. NOVO-B.CO operates in Biotechnology (Healthcare), while UBER operates in Software - Application (Technology). Over the past 5 years, NOVO-B.CO returned 20.64%/yr vs 7.69%/yr for UBER. At a 0.05 correlation, their price movements are largely independent.
Performance
NOVO-B.CO vs. UBER - Performance Comparison
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Different Trading Currencies
NOVO-B.CO is traded in DKK, while UBER is traded in USD. To make them comparable, the UBER values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, NOVO-B.CO achieves a -8.64% return, which is significantly higher than UBER's -14.38% return.
NOVO-B.CO
- 1D
- 1.66%
- 1M
- -3.99%
- YTD
- -8.64%
- 6M
- -7.47%
- 1Y
- -41.76%
- 3Y*
- 4.58%
- 5Y*
- 20.64%
- 10Y*
- 17.36%
UBER
- 1D
- -0.91%
- 1M
- -6.99%
- YTD
- -14.38%
- 6M
- -17.84%
- 1Y
- -17.89%
- 3Y*
- 15.88%
- 5Y*
- 7.69%
- 10Y*
- —
NOVO-B.CO vs. UBER - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NOVO-B.CO Novo Nordisk A/S | -8.64% | -46.40% | -9.59% | 205.34% | 31.49% | 79.08% | 15.29% | 22.08% |
UBER Uber Technologies, Inc. | -14.38% | 19.59% | 4.48% | 142.11% | -37.34% | -11.76% | 56.73% | -29.00% |
Correlation
The correlation between NOVO-B.CO and UBER is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 10, 2019 | 0.05 |
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Return for Risk
NOVO-B.CO vs. UBER — Risk / Return Rank
NOVO-B.CO
UBER
NOVO-B.CO vs. UBER - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NOVO-B.CO) and Uber Technologies, Inc. (UBER). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NOVO-B.CO | UBER | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.92 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.61 | -0.17 |
| Martin ratioReturn relative to average drawdown | -1.15 | -1.05 | -0.10 |
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Drawdowns
NOVO-B.CO vs. UBER - Drawdown Comparison
The maximum NOVO-B.CO drawdown since its inception was -76.75%, which is greater than UBER's maximum drawdown of -66.66%. Use the drawdown chart below to compare losses from any high point for NOVO-B.CO and UBER.
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Drawdown Indicators
| NOVO-B.CO | UBER | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.75% | -66.66% | -10.09% |
Max Drawdown (1Y)Largest decline over 1 year | -54.63% | -31.83% | -22.80% |
Max Drawdown (3Y)Largest decline over 3 years | -76.75% | -31.83% | -44.92% |
Max Drawdown (5Y)Largest decline over 5 years | -76.75% | -55.48% | -21.27% |
Max Drawdown (10Y)Largest decline over 10 years | -76.75% | — | — |
Current DrawdownCurrent decline from peak | -70.15% | -31.17% | -38.98% |
Average DrawdownAverage peak-to-trough decline | -11.29% | -23.28% | +11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.11% | 18.40% | +18.71% |
Volatility
NOVO-B.CO vs. UBER - Volatility Comparison
Novo Nordisk A/S (NOVO-B.CO) has a higher volatility of 11.47% compared to Uber Technologies, Inc. (UBER) at 7.92%. This indicates that NOVO-B.CO's price experiences larger fluctuations and is considered to be riskier than UBER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOVO-B.CO | UBER | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.47% | 7.92% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 39.57% | 23.32% | +16.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.40% | 32.73% | +21.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.56% | 44.62% | +13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.08% | 50.68% | -5.60% |
Dividends
NOVO-B.CO vs. UBER - Dividend Comparison
NOVO-B.CO's dividend yield for the trailing twelve months is around 4.07%, while UBER has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOVO-B.CO Novo Nordisk A/S | 4.07% | 3.58% | 1.59% | 1.01% | 2.38% | 2.54% | 4.03% | 4.22% | 5.27% | 4.54% | 7.38% | 2.50% |
UBER Uber Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NOVO-B.CO vs. UBER - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and Uber Technologies, Inc.. 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
Frequently Asked Questions
NOVO-B.CO and UBER have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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