MNMD
Price
$9.26
Change
+$0.14 (+1.54%)
Updated
May 10, 6:59 PM EST
87 days until earnings call
NVO
Price
$128.41
Change
-$0.22 (-0.17%)
Updated
May 10, 6:59 PM EST
86 days until earnings call
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MNMD vs NVO

Header iconMNMD vs NVO Comparison
Open Charts MNMD vs NVOBanner chart's image
Mind Medicine (MindMed)
Price$9.26
Change+$0.14 (+1.54%)
Volume$537.89K
CapitalizationN/A
Novo-Nordisk A/S
Price$128.41
Change-$0.22 (-0.17%)
Volume$1.32M
CapitalizationN/A
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MNMD vs NVO Comparison Chart

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MNMDDaily Signal changed days agoGain/Loss if shorted
 
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NVODaily Signal changed days agoGain/Loss if shorted
 
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VS
MNMD vs. NVO commentary
May 13, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MNMD is a Sell and NVO is a Hold.

COMPARISON
Comparison
May 13, 2024
Stock price -- (MNMD: $9.26 vs. NVO: $128.42)
Brand notoriety: MNMD and NVO are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: MNMD: 35% vs. NVO: 67%
Market capitalization -- MNMD: $665.54M vs. NVO: $568.62B
MNMD [@Biotechnology] is valued at $665.54M. NVO’s [@Biotechnology] market capitalization is $568.62B. The market cap for tickers in the [@Biotechnology] industry ranges from $568.62B to $0. The average market capitalization across the [@Biotechnology] industry is $2.65B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MNMD’s FA Score shows that 0 FA rating(s) are green whileNVO’s FA Score has 2 green FA rating(s).

  • MNMD’s FA Score: 0 green, 5 red.
  • NVO’s FA Score: 2 green, 3 red.
According to our system of comparison, NVO is a better buy in the long-term than MNMD.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MNMD’s TA Score shows that 3 TA indicator(s) are bullish while NVO’s TA Score has 4 bullish TA indicator(s).

  • MNMD’s TA Score: 3 bullish, 4 bearish.
  • NVO’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, NVO is a better buy in the short-term than MNMD.

Price Growth

MNMD (@Biotechnology) experienced а -7.40% price change this week, while NVO (@Biotechnology) price change was +4.36% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was -1.77%. For the same industry, the average monthly price growth was -5.00%, and the average quarterly price growth was +67.78%.

Reported Earning Dates

MNMD is expected to report earnings on Aug 08, 2024.

NVO is expected to report earnings on Aug 07, 2024.

Industries' Descriptions

@Biotechnology (-1.77% weekly)

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

SUMMARIES
A.I.dvisor published
a Summary for MNMD with price predictions.
OPEN
A.I.dvisor published
a Summary for NVO with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NVO($569B) has a higher market cap than MNMD($666M). MNMD YTD gains are higher at: 153.005 vs. NVO (25.033).
MNMDNVOMNMD / NVO
Capitalization666M569B0%
EBITDAN/AN/A-
Gain YTD153.00525.033611%
P/E RatioN/A44.77-
RevenueN/AN/A-
Total CashN/AN/A-
Total DebtN/AN/A-
FUNDAMENTALS RATINGS
MNMD vs NVO: Fundamental Ratings
MNMD
NVO
OUTLOOK RATING
1..100
1012
VALUATION
overvalued / fair valued / undervalued
1..100
40
Fair valued
41
Fair valued
PROFIT vs RISK RATING
1..100
811
SMR RATING
1..100
9814
PRICE GROWTH RATING
1..100
3543
P/E GROWTH RATING
1..100
10050
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

MNMD's Valuation (40) in the null industry is in the same range as NVO (41) in the Pharmaceuticals Major industry. This means that MNMD’s stock grew similarly to NVO’s over the last 12 months.

NVO's Profit vs Risk Rating (1) in the Pharmaceuticals Major industry is significantly better than the same rating for MNMD (81) in the null industry. This means that NVO’s stock grew significantly faster than MNMD’s over the last 12 months.

NVO's SMR Rating (14) in the Pharmaceuticals Major industry is significantly better than the same rating for MNMD (98) in the null industry. This means that NVO’s stock grew significantly faster than MNMD’s over the last 12 months.

MNMD's Price Growth Rating (35) in the null industry is in the same range as NVO (43) in the Pharmaceuticals Major industry. This means that MNMD’s stock grew similarly to NVO’s over the last 12 months.

NVO's P/E Growth Rating (50) in the Pharmaceuticals Major industry is somewhat better than the same rating for MNMD (100) in the null industry. This means that NVO’s stock grew somewhat faster than MNMD’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MNMDNVO
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 3 days ago
88%
Bearish Trend 3 days ago
53%
Momentum
ODDS (%)
Bullish Trend 3 days ago
84%
Bullish Trend 3 days ago
74%
MACD
ODDS (%)
Bearish Trend 3 days ago
88%
Bullish Trend 3 days ago
58%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
83%
Bullish Trend 3 days ago
68%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
81%
Bullish Trend 3 days ago
67%
Advances
ODDS (%)
Bullish Trend 5 days ago
84%
Bullish Trend 6 days ago
68%
Declines
ODDS (%)
Bearish Trend 24 days ago
86%
Bearish Trend 10 days ago
44%
BollingerBands
ODDS (%)
N/A
Bearish Trend 3 days ago
45%
Aroon
ODDS (%)
Bearish Trend 3 days ago
85%
Bearish Trend 3 days ago
42%
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MNMDDaily Signal changed days agoGain/Loss if shorted
 
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NVODaily Signal changed days agoGain/Loss if shorted
 
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MNMD and

Correlation & Price change

A.I.dvisor indicates that over the last year, MNMD has been loosely correlated with QSI. These tickers have moved in lockstep 44% of the time. This A.I.-generated data suggests there is some statistical probability that if MNMD jumps, then QSI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MNMD
1D Price
Change %
MNMD100%
+1.54%
QSI - MNMD
44%
Loosely correlated
-7.10%
ATAI - MNMD
44%
Loosely correlated
-7.80%
CRSP - MNMD
41%
Loosely correlated
-4.44%
VCYT - MNMD
40%
Loosely correlated
+3.59%
INZY - MNMD
38%
Loosely correlated
-2.37%
More

NVO and

Correlation & Price change

A.I.dvisor tells us that NVO and AXON have been poorly correlated (+29% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that NVO and AXON's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVO
1D Price
Change %
NVO100%
-0.19%
AXON - NVO
29%
Poorly correlated
-1.83%
IMRN - NVO
25%
Poorly correlated
-1.45%
MNKD - NVO
24%
Poorly correlated
+0.23%
VRTX - NVO
24%
Poorly correlated
+0.90%
OCX - NVO
22%
Poorly correlated
+0.70%
More