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Question

What is the best month for Novo Nordisk?

Short answer

Since 2001, December has been the strongest month for Novo Nordisk, averaging +16.92% and rising in 84% of 25 years. January has been the weakest, at -5.67%.

We rate the December pattern as strong and the January pattern as no clear pattern. May comes second at +4.43%. A strong month is when prices have tended to rise, not a promise that they will.

Every month, ranked

Novo Nordisk, 2001 to 2026

+16.9%+8.5%-8.5%-16.9%Jan: average -5.67%, up in 48% of 25 yearsJanFeb: average +2.90%, up in 73% of 26 yearsFebMar: average +2.39%, up in 62% of 26 yearsMarApr: average +1.63%, up in 73% of 26 yearsAprMay: average +4.43%, up in 65% of 26 yearsMayJun: average +0.40%, up in 54% of 26 yearsJunJul: average -0.94%, up in 38% of 26 yearsJulAug: average +2.76%, up in 54% of 26 yearsAugSep: average -1.88%, up in 38% of 26 yearsSepOct: average +0.30%, up in 56% of 25 yearsOctNov: average +2.80%, up in 76% of 25 yearsNovDec: average +16.92%, up in 84% of 25 yearsDec
Novo Nordisk: average move by month. Solid bars held the same direction in both halves of the sample; faded bars did not.
RankMonthAverageMedianUp yearsPattern
1December+16.92%+3.62%84%strong
2May+4.43%+1.95%65%weak
3February+2.90%+4.90%73%moderate
4November+2.80%+2.23%76%strong
5August+2.76%+1.68%54%no clear pattern
6March+2.39%+1.28%62%weak
7April+1.63%+2.29%73%moderate
8June+0.40%+1.67%54%no clear pattern
9October+0.30%+0.92%56%no clear pattern
10July-0.94%-1.02%38%weak
11September-1.88%-1.22%38%moderate
12January-5.67%-0.29%48%no clear pattern

Exact date ranges

Seasonal windows that held in at least 75% of years

Feb 8 to May 9Opens in 123 days
83%higher in 24 years
Average +15.34%Median +10.97%Worst year -28.17%

Likely range of the hit rate 64% to 93%. 2002 to 2013: 75%, 2014 to 2025: 92%.

May 31 to Jul 10Opens in 235 days
75%higher in 24 years
Average +2.93%Median +3.11%Worst year -7.48%

Likely range of the hit rate 55% to 88%. 2002 to 2013: 83%, 2014 to 2025: 67%. Weaker in recent years.

Aug 9 to Sep 8Opens in 305 days
79%higher in 24 years
Average +2.46%Median +2.60%Worst year -11.17%

Likely range of the hit rate 59% to 91%. 2002 to 2013: 75%, 2014 to 2025: 83%.

Nov 1 to Dec 26Opens in 24 days
83%higher in 24 years
Average +20.88%Median +5.86%Worst year -18.41%

Likely range of the hit rate 64% to 93%. 2002 to 2013: 83%, 2014 to 2025: 83%.

Why it might happen

  • GLP-1 obesity and diabetes drugs, competition with Eli Lilly and US pricing policy.
  • Trial results and supply capacity announcements.

Full statistics, technicals and event reactions: Novo Nordisk. How to read these numbers: guide.

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Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.