Bank Of Nova Stock Price on October 31, 2023
| BNS Stock | USD 56.45 0.23 0.41% |
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 56.45, as last reported on the 25th of November, with the highest price reaching 56.48 and the lowest price hitting 56.02 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of Nova Scotia appears to be very steady, given 3 months investment horizon. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank of Nova, which you can use to evaluate the volatility of the firm. Please makes use of Bank of Nova Scotia's Downside Deviation of 0.8054, mean deviation of 0.7441, and Risk Adjusted Performance of 0.2296 to double-check if our risk estimates are consistent with your expectations.
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 Earnings Ratio is likely to gain to 12.40 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 2.31 in 2024. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of September 1999 | 200 Day MA 49.1704 | 50 Day MA 53.4118 | Beta 0.978 |
Bank |
Sharpe Ratio = 0.2394
| Best Portfolio | Best Equity | |||
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| Small Returns | BNS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 18% 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 1.3428 | Price Sales 2.3598 | Shares Float 1.2 B | Dividend Share 4.24 | Wall Street Target Price 77.6567 |
Bank of Nova Scotia Valuation on October 31, 2023
It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On October 31, 2023 Bank was worth 38.19 at the beginning of the trading date compared to the closed value of 37.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Nova Scotia stock. Still, in general, we apply an absolute valuation method to find Bank of Nova Scotia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of Nova Scotia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Nova Scotia's related companies.
| Open | High | Low | Close | Volume | |
| 37.83 | 38.26 | 37.82 | 38.13 | 1,407,609 | |
10/31/2023 | 38.19 | 38.21 | 37.77 | 37.97 | 1,881,796 |
| 38.10 | 38.34 | 37.72 | 38.24 | 1,636,176 |
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Bank of Nova Scotia Trading Date Momentum on October 31, 2023
| On November 01 2023 Bank of Nova was traded for 38.24 at the closing time. Highest Bank of Nova Scotia's price during the trading hours was 38.34 and the lowest price during the day was 37.72 . The net volume was 1.6 M. The overall trading history on the 1st of November contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.71% . The overall trading delta to current price is 5.72% . |
Bank of Nova Scotia Fundamentals Correlations and Trends
By evaluating Bank of Nova Scotia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of Nova Scotia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.2 B | |
| Net Income Applicable To Common Shares | 5.6 B | 5.7 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.
Price Boundaries
Bank of Nova Scotia Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Bank of Nova cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bank of Nova Scotia November 25, 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.
| Risk Adjusted Performance | 0.2296 | |||
| Jensen Alpha | 0.2405 | |||
| Total Risk Alpha | 0.1253 | |||
| Sortino Ratio | 0.1958 | |||
| Treynor Ratio | 0.8876 |
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Additional 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.