Novo Nordisk (NVO) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to NVO's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 7.65%.   Win rate: 100%.   Sharpe Ratio: ∞.   Maximum drawdown: -3.57% on 11 October 2018.
Mean CAGR: 61.84%. Time in market: 56 days.   Hypothetical return: $1000 would be worth $1076.50 on 30 November 2018.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Novo Nordisk

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 1 signal(s) occurring before 05 August 2024 for a 7.5% profit target: (100% * 7.65%) + (0% * 0%) - (0% * 0%) = 7.65%.
Wins: 1 Breakevens: 0 Losses: 0

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

Novo Nordisk Analysis

Market sector: Healthcare.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

Most Recent Buy Signals
Date Signal Type Scores Performance
Signal Sector WR Speed Risk Overall 5% 6% 7.5%
10 August 2026 Mega Dump Lite 43 67 100 92 81 58 schedule schedule schedule
31 July 2026 Gap Down 42 52 100 92 81 54 schedule schedule schedule
07 July 2026 Mega Dump Lite 61 74 100 92 83 73 schedule schedule schedule
30 June 2026 Collapsed Bubble 70 58 100 92 83 73 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
17 June 2026 Collapsed Bubble 53 51 100 92 83 60 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
05 June 2026 Mega Dump Lite 34 66 100 92 83 51 schedule schedule schedule
02 June 2026 Collapsed Bubble 48 82 100 92 83 66 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
01 June 2026 Gap Down 31 67 100 92 83 49 schedule schedule schedule
19 May 2026 Collapsed Bubble 56 85 100 88 84 72 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
05 May 2026 Collapsed Bubble 64 76 100 89 84 75 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 week low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
20 March 2026 52 Week Low $ 36.51 69 82 100 88 85 81 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
05 February 2026 52 Week Low $ 44.19 59 49 100 89 88 63 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
24 November 2025 52 Week Low $ 44.20 81 82 100 90 87 87 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
29 July 2025 52 Week Low $ 53.94 81 64 100 79 84 80 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
26 March 2025 52 Week Low $ 72.14 88 80 100 76 86 90 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
13 February 2025 52 Week Low $ 79.18 78 70 100 77 87 81 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
20 December 2024 52 Week Low $ 83.86 82 95 100 76 87 91 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
04 October 2018 52 Week Low $ 20.83 27 79 100 93 47 49 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt

 

The data for Novo Nordisk (exchange: XNYS symbol: NVO) was last updated 13 Aug 2026 07:30. Data for this stock is available from 01 Dec 2015 - 12 Aug 2026.