NVCT vs. NVO
Compare and contrast key facts about Nuvectis Pharma Inc (NVCT) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVCT or NVO.
Correlation
The correlation between NVCT and NVO is 0.04, 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
NVCT vs. NVO - Performance Comparison
Key characteristics
NVCT:
-0.00
NVO:
-0.82
NVCT:
0.77
NVO:
-1.02
NVCT:
1.11
NVO:
0.86
NVCT:
-0.00
NVO:
-0.66
NVCT:
-0.01
NVO:
-1.45
NVCT:
39.43%
NVO:
21.15%
NVCT:
99.42%
NVO:
37.71%
NVCT:
-77.89%
NVO:
-71.32%
NVCT:
-61.59%
NVO:
-43.02%
Fundamentals
NVCT:
$176.04M
NVO:
$366.23B
NVCT:
-$1.16
NVO:
$3.18
NVCT:
$0.00
NVO:
$290.40B
NVCT:
-$13.40M
NVO:
$245.88B
NVCT:
-$13.40M
NVO:
$148.56B
Returns By Period
In the year-to-date period, NVCT achieves a 45.10% return, which is significantly higher than NVO's -3.05% return.
NVCT
45.10%
42.99%
9.79%
11.66%
N/A
N/A
NVO
-3.05%
5.99%
-38.20%
-30.58%
23.23%
15.70%
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Risk-Adjusted Performance
NVCT vs. NVO — Risk-Adjusted Performance Rank
NVCT
NVO
NVCT vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuvectis Pharma Inc (NVCT) 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
NVCT vs. NVO - Dividend Comparison
NVCT has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 1.73%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NVCT Nuvectis Pharma 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% |
NVO Novo Nordisk A/S | 1.73% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
NVCT vs. NVO - Drawdown Comparison
The maximum NVCT drawdown since its inception was -77.89%, which is greater than NVO's maximum drawdown of -71.32%. Use the drawdown chart below to compare losses from any high point for NVCT and NVO. For additional features, visit the drawdowns tool.
Volatility
NVCT vs. NVO - Volatility Comparison
Nuvectis Pharma Inc (NVCT) has a higher volatility of 20.90% compared to Novo Nordisk A/S (NVO) at 13.38%. This indicates that NVCT'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
NVCT vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Nuvectis Pharma 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