SAABY vs. NOVO-B.CO
Compare and contrast key facts about Saab AB (publ) (SAABY) and Novo Nordisk A/S (NOVO-B.CO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAABY or NOVO-B.CO.
Correlation
The correlation between SAABY and NOVO-B.CO is 0.11, 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
SAABY vs. NOVO-B.CO - Performance Comparison
Key characteristics
SAABY:
2.11
NOVO-B.CO:
-1.20
SAABY:
2.68
NOVO-B.CO:
-1.78
SAABY:
1.38
NOVO-B.CO:
0.77
SAABY:
4.26
NOVO-B.CO:
-0.84
SAABY:
7.44
NOVO-B.CO:
-1.76
SAABY:
15.98%
NOVO-B.CO:
28.68%
SAABY:
56.42%
NOVO-B.CO:
41.86%
SAABY:
-34.43%
NOVO-B.CO:
-64.64%
SAABY:
0.00%
NOVO-B.CO:
-58.18%
Fundamentals
SAABY:
$24.13B
NOVO-B.CO:
DKK 1.87T
SAABY:
$0.39
NOVO-B.CO:
DKK 22.62
SAABY:
58.62
NOVO-B.CO:
18.62
SAABY:
1.93
NOVO-B.CO:
0.95
SAABY:
0.38
NOVO-B.CO:
6.44
SAABY:
6.86
NOVO-B.CO:
13.03
SAABY:
$49.57B
NOVO-B.CO:
DKK 225.05B
SAABY:
$10.58B
NOVO-B.CO:
DKK 190.45B
SAABY:
$5.20B
NOVO-B.CO:
DKK 73.25B
Returns By Period
In the year-to-date period, SAABY achieves a 118.75% return, which is significantly higher than NOVO-B.CO's -31.39% return.
SAABY
118.75%
19.34%
121.07%
122.97%
N/A
N/A
NOVO-B.CO
-31.39%
-21.60%
-46.94%
-50.16%
16.32%
10.22%
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Risk-Adjusted Performance
SAABY vs. NOVO-B.CO — Risk-Adjusted Performance Rank
SAABY
NOVO-B.CO
SAABY vs. NOVO-B.CO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and Novo Nordisk A/S (NOVO-B.CO). 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
SAABY vs. NOVO-B.CO - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.17%, less than NOVO-B.CO's 2.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.17% | 0.72% | 0.85% | 1.33% | 2.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOVO-B.CO Novo Nordisk A/S | 2.71% | 1.59% | 1.01% | 1.19% | 1.27% | 2.02% | 2.11% | 2.64% | 2.27% | 3.69% | 1.25% | 1.73% |
Drawdowns
SAABY vs. NOVO-B.CO - Drawdown Comparison
The maximum SAABY drawdown since its inception was -34.43%, smaller than the maximum NOVO-B.CO drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for SAABY and NOVO-B.CO. For additional features, visit the drawdowns tool.
Volatility
SAABY vs. NOVO-B.CO - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 18.78% compared to Novo Nordisk A/S (NOVO-B.CO) at 13.33%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than NOVO-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAABY vs. NOVO-B.CO - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) 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