Bank Of Nova Stock Performance
| BNS Stock | USD 46.74 0.17 0.37% |
Bank of Nova Scotia has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bank of Nova Scotia will likely underperform. Bank of Nova Scotia right now shows a risk of 1.09%. Please confirm Bank of Nova Scotia semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Bank of Nova Scotia will be following its price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of Nova are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Bank of Nova Scotia is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 0.37 | Five Day Return (3.79) | Year To Date Return (1.58) | Ten Year Return (21.31) | All Time Return 1.3 K |
Forward Dividend Yield 0.0671 | Payout Ratio 0.498 | Last Split Factor 2:1 | Forward Dividend Rate 3.13 | Dividend Date 2024-04-26 |
| Bank of Nova Scotia dividend paid on 29th of January 2024 | 01/29/2024 |
1 | Succession Talk Looms for TDs Masrani, Jefferies Analysts Say | 02/22/2024 |
2 | 8,030 Shares in Eli Lilly and Company Purchased by Teza Capital Management LLC | 02/28/2024 |
3 | Bank of Nova Scotia Buys 109,265 Shares of Franklin Resources, Inc. | 03/04/2024 |
4 | Tompkins Financial Corp Has 2.45 Million Stock Holdings in BCE Inc. | 03/11/2024 |
5 | Canadas big banks say sustainable finance pledges may not curtail emission growth | 03/19/2024 |
6 | Ecopetrol S.A. obtains authorization to execute a USD 1,200 million debt management transaction | 03/21/2024 |
7 | 2 Incredibly Cheap Dividend Stocks to Buy Now | 03/27/2024 |
8 | Las Vegas Sands secures 1.5 billion credit facility | 04/03/2024 |
9 | Credibility Problem Keeps Bank of Canada Cautious on Rate Cuts | 04/08/2024 |
10 | Scotiabank Plans to Enter Brazil Local Debt Markets, Boost Team | 04/09/2024 |
11 | Trudeaus Housing Gambit Has Business Worried About Tax Hikes | 04/15/2024 |
12 | Canada Taps Ex-BOC Governor to Examine How Pension Funds Invest | 04/16/2024 |
13 | 3 No-Brainer Bank Stocks to Buy With 1,000 Right Now | 04/19/2024 |
| Begin Period Cash Flow | 11.1 B | |
| Total Cashflows From Investing Activities | -30 B |
Bank |
Bank of Nova Scotia Relative Risk vs. Return Landscape
If you would invest 4,514 in Bank of Nova on January 21, 2024 and sell it today you would earn a total of 160.00 from holding Bank of Nova or generate 3.54% return on investment over 90 days. Bank of Nova is generating 0.0603% of daily returns assuming volatility of 1.0861% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Bank, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Bank of Nova Scotia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Nova Scotia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bank of Nova, and traders can use it to determine the average amount a Bank of Nova Scotia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0555
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BNS | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 4% 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.
Bank of Nova Scotia Fundamentals Growth
Bank Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of Nova Scotia, and Bank of Nova Scotia fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0058 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (109.89 B) | ||||
| Shares Outstanding | 1.22 B | ||||
| Price To Earning | 12.31 X | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 2.02 X | ||||
| Revenue | 31.79 B | ||||
| Gross Profit | 29.25 B | ||||
| EBITDA | 11.46 B | ||||
| Net Income | 7.53 B | ||||
| Cash And Equivalents | 383.37 B | ||||
| Cash Per Share | 321.37 X | ||||
| Total Debt | 313.81 B | ||||
| Debt To Equity | 14.91 % | ||||
| Book Value Per Share | 57.26 X | ||||
| Cash Flow From Operations | 31.72 B | ||||
| Earnings Per Share | 4.42 X | ||||
| Market Capitalization | 57.37 B | ||||
| Total Asset | 1.41 T | ||||
| Retained Earnings | 55.75 B | ||||
About Bank of Nova Scotia Performance
To evaluate Bank of Nova Scotia Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bank of Nova Scotia generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Bank Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bank of Nova Scotia market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Bank's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0 | 0.01 | |
| Return On Equity | 0.11 | 0.17 |
Things to note about Bank of Nova Scotia performance evaluation
Checking the ongoing alerts about Bank of Nova Scotia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bank of Nova Scotia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bank of Nova Scotia has a poor financial position based on the latest SEC disclosures | |
| Latest headline from forexlive.com: Bank of America expect a June rate cut, from the Bank of Canada |
- Analyzing Bank of Nova Scotia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of Nova Scotia's stock is overvalued or undervalued compared to its peers.
- Examining Bank of Nova Scotia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of Nova Scotia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of Nova Scotia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of Nova Scotia's stock. These opinions can provide insight into Bank of Nova Scotia's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
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 4.42 | 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.