Novo Nordisk (NVO) Daily/Weekly Backtest Results

Buy indicator: 52 Week Low 26 Week Low 50 day low Rate of Change Super Oversold Mega Dump MegaDump Lite Double Bottom
Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD Best Buy Signals [ What are these indicators? | Switch to NVO's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores help.
Expectancy: 8.06%. Win rate: 100%. Sharpe Ratio: 2.527. Maximum drawdown: -28.46% on 23 November 2016.
Mean CAGR: 73.81%. Time in market: 1141 days. Hypothetical return: $1000 would be worth $1158.31 on 19 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 6 signal(s) occurring before 22 April 2024 for a 7.5% profit target: (100% * 8.06%) + (0% * 0%) - (0% * 0%) = 8.06%.
Wins: 6 Breakevens: 0 Losses: 0

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

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.

Super Oversold Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Super Oversold 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%.

Signal Date and Score	Buy Signal	Price	Performance (mouseover for details)
			5%	6%	7.5%	10%	20%
30 March 2026 HIGH FIRE SALE smart_toy0.845	Super Oversold	$ 35.21	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
30 March 2026 HIGH smart_toy0.949	Super Oversold	$ 35.21	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 February 2026 MEDIUM smart_toy0.976	Super Oversold	$ 38.54	select_check_box electric_bolt	select_check_box electric_bolt	schedule	schedule	schedule
23 February 2026 HIGH smart_toy0.954	Super Oversold	$ 39.91	schedule	schedule	schedule	schedule	schedule
23 February 2026 MEDIUM smart_toy0.954	Super Oversold	$ 39.91	schedule	schedule	schedule	schedule	schedule
23 February 2026 HIGH smart_toy0.954	Super Oversold	$ 39.91	schedule	schedule	schedule	schedule	schedule
31 October 2025 MEDIUM smart_toy0.626	Super Oversold	$ 49.12	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
31 July 2025 MEDIUM smart_toy0.968	Super Oversold	$ 48.02	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_bolt
29 July 2025 MEDIUM smart_toy0.91	Super Oversold	$ 53.94	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	schedule
17 April 2025 MEDIUM smart_toy0.997	Super Oversold	$ 58.00	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
07 April 2025 MEDIUM FIRE SALE smart_toy0.995	Super Oversold	$ 62.54	select_check_box electric_boltelectric_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
04 April 2025 MEDIUM FIRE SALE smart_toy0.995	Super Oversold	$ 63.89	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
04 April 2025 MEDIUM FIRE SALE smart_toy0.995	Super Oversold	$ 63.89	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
26 March 2025 MEDIUM smart_toy0.95	Super Oversold	$ 72.14	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	schedule
12 March 2025 MEDIUM FIRE SALE smart_toy0.982	Super Oversold	$ 74.56	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	schedule	schedule
13 February 2025 HIGH smart_toy0.957	Super Oversold	$ 79.18	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
17 January 2025 HIGH FIRE SALE smart_toy0.981	Super Oversold	$ 79.32	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
17 January 2025 HIGH smart_toy0.981	Super Oversold	$ 79.32	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
15 November 2024 MEDIUM smart_toy0.837	Super Oversold	$ 101.70	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	schedule	schedule
30 October 2024 MEDIUM smart_toy0.373	Super Oversold	$ 111.06	schedule	schedule	schedule	schedule	schedule
09 October 2018 MEDIUM smart_toy0.632	Super Oversold	$ 20.39	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
18 November 2016 LOW smart_toy0.975	Super Oversold	$ 15.15	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_bolt
13 October 2016 LOW smart_toy0.73	Super Oversold	$ 18.29	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box	select_check_box	select_check_box	select_check_box
10 October 2016 LOW smart_toy0.548	Super Oversold	$ 18.75	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
29 September 2016 LOW smart_toy0.651	Super Oversold	$ 19.64	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
27 September 2016 LOW smart_toy0.699	Super Oversold	$ 20.34	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box

The data for Novo Nordisk (exchange: XNYS symbol: NVO) was last updated 30 Apr 2026 06:47. Data for this stock is available from 01 Dec 2015 - 29 Apr 2026.