Novozymes A/S Information Ratio
| NVZMF Pink Sheet | | | USD 59.91 -3.44 -5.43% |
The Information Ratio profile for Novozymes A/S below includes current and historical values with sector peer benchmarks. Readings recalculate as new trading sessions complete, incorporating the latest market data. Supplemental context on Novozymes A/S is available through
Novozymes A/S Volatility and
Novozymes A/S Price History.
Current Information Ratio Value
With Information Ratio at 0.0203, Novozymes A/S shows positive but modest excess return per unit of tracking risk. Novozymes A/S has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0203 | |
Information Ratio Peers Comparison
Novozymes A/S's Information Ratio of 0.0203 falls above the -0.01 peer average. Values range from -0.1254 (Akzo Nobel NV) to 0.1769 (LyondellBasell Industries NV), with tight clustering across the group. Novozymes A/S's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Novozymes and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Novozymes A/S records a Information Ratio of
0.02 and a Maximum Drawdown of
17.05 , yielding roughly
840.03 units of Maximum Drawdown per Information Ratio. This indicates Maximum Drawdown substantially exceeds Information Ratio for Novozymes A/S.
Methodology, Assumptions & Data Sources
Novozymes A/S has a current Information Ratio reading of 0.0203. The Information Ratio for Novozymes A/S applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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