To understand the difference between Novo Nordisk - Ordinary Shares - Class B (NONOF) vs. Novo Nordisk - ADR (NVO) it is enough to know the definitions of Ordinary Shares - Class B and ADR
Ordinary Shares - Class B - Generally, Class B shares are issued by a company as a common stock with fewer voting rights and lower dividend priority than Class A shares. Class B may also have lower repayment priority in the event of a bankruptcy.
ADR - American depositary receipt (ADR) is a certificate issued by a U.S. depositary bank representing a specified number of shares (often 1 share) of a foreign company's stock. ADRs are denominated in U.S. dollars and trade on U.S. stock markets and OTC depending on the ADRs classification.
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).
NONOF’s FA Score shows that 3 FA rating(s) are green whileNVO’s FA Score has 3 green FA rating(s).
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.
NONOF’s TA Score shows that 2 TA indicator(s) are bullish while NVO’s TA Score has 3 bullish TA indicator(s).
NONOF (@Biotechnology) experienced а -7.68% price change this week, while NVO (@Biotechnology) price change was -5.09% for the same time period.
The average weekly price growth across all stocks in the @Biotechnology industry was -8.58%. For the same industry, the average monthly price growth was -5.90%, and the average quarterly price growth was -0.16%.
NVO is expected to report earnings on Feb 05, 2025.
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.
NONOF | NVO | NONOF / NVO | |
Capitalization | 473B | 473B | 100% |
EBITDA | 134B | 134B | 100% |
Gain YTD | -0.291 | -0.570 | 51% |
P/E Ratio | 34.04 | 33.89 | 100% |
Revenue | 258B | 258B | 100% |
Total Cash | 62.7B | N/A | - |
Total Debt | 57.1B | N/A | - |
NONOF | NVO | ||
---|---|---|---|
OUTLOOK RATING 1..100 | 50 | 54 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 2 Undervalued | 2 Undervalued | |
PROFIT vs RISK RATING 1..100 | 32 | 17 | |
SMR RATING 1..100 | 14 | 14 | |
PRICE GROWTH RATING 1..100 | 64 | 64 | |
P/E GROWTH RATING 1..100 | 87 | 81 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
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.
NONOF's Valuation (2) in the null industry is in the same range as NVO (2) in the Pharmaceuticals Major industry. This means that NONOF’s stock grew similarly to NVO’s over the last 12 months.
NVO's Profit vs Risk Rating (17) in the Pharmaceuticals Major industry is in the same range as NONOF (32) in the null industry. This means that NVO’s stock grew similarly to NONOF’s over the last 12 months.
NVO's SMR Rating (14) in the Pharmaceuticals Major industry is in the same range as NONOF (14) in the null industry. This means that NVO’s stock grew similarly to NONOF’s over the last 12 months.
NVO's Price Growth Rating (64) in the Pharmaceuticals Major industry is in the same range as NONOF (64) in the null industry. This means that NVO’s stock grew similarly to NONOF’s over the last 12 months.
NVO's P/E Growth Rating (81) in the Pharmaceuticals Major industry is in the same range as NONOF (87) in the null industry. This means that NVO’s stock grew similarly to NONOF’s over the last 12 months.
NONOF | NVO | |
---|---|---|
RSI ODDS (%) | N/A | 3 days ago90% |
Stochastic ODDS (%) | 3 days ago85% | 3 days ago79% |
Momentum ODDS (%) | 3 days ago60% | 3 days ago48% |
MACD ODDS (%) | 3 days ago57% | 3 days ago52% |
TrendWeek ODDS (%) | 3 days ago58% | 3 days ago50% |
TrendMonth ODDS (%) | 3 days ago63% | 3 days ago50% |
Advances ODDS (%) | N/A | N/A |
Declines ODDS (%) | 5 days ago53% | 3 days ago47% |
BollingerBands ODDS (%) | 3 days ago90% | 3 days ago89% |
Aroon ODDS (%) | 3 days ago71% | 3 days ago46% |
A.I.dvisor indicates that over the last year, NONOF has been closely correlated with NVO. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if NONOF jumps, then NVO could also see price increases.
Ticker / NAME | Correlation To NONOF | 1D Price Change % | ||
---|---|---|---|---|
NONOF | 100% | -3.39% | ||
NVO - NONOF | 70% Closely correlated | -3.40% | ||
LABFF - NONOF | 23% Poorly correlated | N/A | ||
IMRN - NONOF | 22% Poorly correlated | -6.22% | ||
QSI - NONOF | 21% Poorly correlated | -5.77% | ||
VRTX - NONOF | 21% Poorly correlated | -3.77% | ||
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A.I.dvisor indicates that over the last year, NVO has been closely correlated with NONOF. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVO jumps, then NONOF could also see price increases.
Ticker / NAME | Correlation To NVO | 1D Price Change % | ||
---|---|---|---|---|
NVO | 100% | -3.40% | ||
NONOF - NVO | 70% Closely correlated | -3.39% | ||
AXON - NVO | 29% Poorly correlated | -0.86% | ||
LABFF - NVO | 29% Poorly correlated | N/A | ||
SCPX - NVO | 28% Poorly correlated | -8.61% | ||
VRTX - NVO | 28% Poorly correlated | -3.77% | ||
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