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).
NVO’s FA Score shows that 3 FA rating(s) are green while.
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.
NVO’s TA Score shows that 4 TA indicator(s) are bullish.
NVO (@Biotechnology) experienced а -2.79% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Biotechnology industry was -1.86%. For the same industry, the average monthly price growth was +5.66%, and the average quarterly price growth was +6.44%.
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.
NVO | ||
---|---|---|
OUTLOOK RATING 1..100 | 55 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 2 Undervalued | |
PROFIT vs RISK RATING 1..100 | 13 | |
SMR RATING 1..100 | 14 | |
PRICE GROWTH RATING 1..100 | 63 | |
P/E GROWTH RATING 1..100 | 82 | |
SEASONALITY SCORE 1..100 | 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.
NVO | PPH | |
---|---|---|
RSI ODDS (%) | 2 days ago73% | 2 days ago89% |
Stochastic ODDS (%) | 2 days ago70% | 2 days ago76% |
Momentum ODDS (%) | 2 days ago49% | 2 days ago83% |
MACD ODDS (%) | 2 days ago54% | 2 days ago85% |
TrendWeek ODDS (%) | 2 days ago50% | 2 days ago73% |
TrendMonth ODDS (%) | 2 days ago50% | 2 days ago75% |
Advances ODDS (%) | 28 days ago69% | 6 days ago84% |
Declines ODDS (%) | 10 days ago47% | 2 days ago75% |
BollingerBands ODDS (%) | 2 days ago75% | 2 days ago85% |
Aroon ODDS (%) | 2 days ago45% | 2 days ago75% |
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% | -1.86% | ||
NONOF - NVO | 70% Closely correlated | -2.21% | ||
AXON - NVO | 29% Poorly correlated | -3.38% | ||
LABFF - NVO | 29% Poorly correlated | N/A | ||
SCPX - NVO | 28% Poorly correlated | -7.82% | ||
IMRN - NVO | 27% Poorly correlated | +0.04% | ||
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A.I.dvisor indicates that over the last year, PPH has been loosely correlated with LLY. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if PPH jumps, then LLY could also see price increases.