Bank Of Nova Stock Performance
| BNS Stock | USD 56.22 0.08 0.14% |
On a scale of 0 to 100, Bank of Nova Scotia holds a performance score of 21. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank of Nova Scotia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Nova Scotia is expected to be smaller as well. Please check Bank of Nova Scotia's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Bank of Nova Scotia's price patterns will revert.
Risk-Adjusted Performance
21 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of Nova are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Bank of Nova Scotia unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.31 | Five Day Return 4.99 | Year To Date Return 18.92 | Ten Year Return (9.45) | All Time Return 1.5 K |
Forward Dividend Yield 0.0542 | Payout Ratio 0.5097 | Last Split Factor 2:1 | Forward Dividend Rate 3.05 | Dividend Date 2024-10-29 |
1 | Q3 2024 Bank of Nova Scotia Earnings Call Transcript | 08/28/2024 |
2 | Dynamic Funds announces October 2024 cash distributions for Dynamic Active ETFs | 10/21/2024 |
3 | Fairfax Financial Holdings Limiteds largest shareholders are individual investors with 60 percent ownership, institutions own 29 | 10/25/2024 |
| Bank of Nova Scotia dividend paid on 29th of October 2024 | 10/29/2024 |
4 | DRI Healthcare Trust Announces Upsized US631.6 Million Credit Facilities | 11/01/2024 |
5 | Bank of Nova Scotia Shares Up 3.41 percent on Nov 4 | 11/04/2024 |
6 | BCE Falls to 13-Year Low Amid Revenue Forecast, Price War | 11/07/2024 |
7 | Are big bank deals back What Trump could mean for MA | 11/08/2024 |
8 | Domenic Bellissimo | 11/11/2024 |
9 | Alexander MacDonalds Top Picks for November 14, 2024 | 11/14/2024 |
10 | Quebecs CDPQ Bets on Quant Strategies and Is Eager to Do More | 11/18/2024 |
11 | BNS vs. CM Which Stock Is the Better Value Option | 11/20/2024 |
| 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 4,772 in Bank of Nova on August 23, 2024 and sell it today you would earn a total of 850.00 from holding Bank of Nova or generate 17.81% return on investment over 90 days. Bank of Nova is generating 0.261% of daily returns assuming volatility of 0.9653% on return distribution over 90 days investment horizon. In other words, 8% of stocks are less volatile than Bank, and above 95% 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 = 0.2704
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| Small Returns | BNS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 21% 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 | 0.0949 | |||
| Return On Asset | 0.0055 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.32 % | |||
| Current Valuation | (77.8 B) | |||
| Shares Outstanding | 1.24 B | |||
| Price To Earning | 12.31 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 2.36 X | |||
| Revenue | 29.25 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 | 65.87 X | |||
| Cash Flow From Operations | 31.72 B | |||
| Earnings Per Share | 4.09 X | |||
| Market Capitalization | 69.78 B | |||
| Total Asset | 1.41 T | |||
| Retained Earnings | 55.75 B | |||
About Bank of Nova Scotia Performance
Assessing Bank of Nova Scotia's fundamental ratios provides investors with valuable insights into Bank of Nova Scotia's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Bank of Nova Scotia is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.00 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.00 | 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 | |
| On 29th of October 2024 Bank of Nova Scotia paid $ 0.7876 per share dividend to its current shareholders | |
| Latest headline from zacks.com: BNS vs. CM Which Stock Is the Better Value Option |
- 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.
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.