Bank Of Nova Stock Price on January 6, 2020

BNS Stock  USD 51.78  0.62  1.21%   
Below is the normalized historical share price chart for Bank Of Nova extending back to June 07, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of Nova Scotia stands at 51.78, as last reported on the 29th of March, with the highest price reaching 51.98 and the lowest price hitting 51.09 during the day.
IPO Date
13th of September 1999
200 Day MA
46.7744
50 Day MA
47.9956
Beta
0.959
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. We consider Bank of Nova Scotia very steady. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Of Nova, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nova Scotia's Mean Deviation of 0.7859, downside deviation of 1.08, and Risk Adjusted Performance of 0.0889 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At this time, Bank of Nova Scotia's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 22 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024. . At this time, Bank of Nova Scotia's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.17 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.33). Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1423

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashBNSAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Bank of Nova Scotia is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of Nova Scotia by adding it to a well-diversified portfolio.
Price Book
1.2142
Price Sales
2.1525
Shares Float
1.2 B
Dividend Share
4.21
Wall Street Target Price
48.18

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Bank of Nova Scotia Stock history

Bank of Nova Scotia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Nova Scotia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of Nova Scotia stock prices may prove useful in developing a viable investing in Bank of Nova Scotia
Last ReportedProjected for 2024
Common Stock Shares Outstanding1.4 B1.2 B
Net Income Applicable To Common Shares5.6 B5.7 B

Bank of Nova Scotia Stock Technical Analysis

Bank of Nova Scotia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank of Nova Scotia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of Nova Scotia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bank of Nova Scotia Period Price Range

Bank of Nova Scotia March 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank of Nova Scotia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Nova Scotia shares will generate the highest return on investment. By undertsting and applying Bank of Nova Scotia stock market strength indicators, traders can identify Bank Of Nova entry and exit signals to maximize returns

Bank of Nova Scotia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank of Nova Scotia's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Bank Stock analysis

When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.
CEOs Directory
Screen CEOs from public companies around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bonds Directory
Find actively traded corporate debentures issued by US companies
Is Bank of Nova Scotia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Nova Scotia. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Nova Scotia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.246
Dividend Share
4.21
Earnings Share
4.5
Revenue Per Share
24.448
Quarterly Revenue Growth
0.02
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Nova Scotia's value that differs from its market value or its book value, called intrinsic value, which is Bank of Nova Scotia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Nova Scotia's market value can be influenced by many factors that don't directly affect Bank of Nova Scotia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.