Bank Of Nova Stock Today
| BNS Stock | CAD 78.50 0.21 0.27% |
Performance29 of 100
| Odds Of DistressLess than 5
|
Bank of Nova Scotia is selling at 78.50 as of the 21st of November 2024; that is 0.27% down since the beginning of the trading day. The stock's open price was 78.71. Bank of Nova Scotia has under 5 % chance of experiencing financial distress over the next 2 years and had a strong performance during the last 90 days. Equity ratings for Bank of Nova are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Banks | Category Financial Services | Classification Financials |
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. The company has 1.24 B outstanding shares of which 33.73 M shares are currently shorted by private and institutional investors with about 7.08 days to cover all short positions. More on Bank of Nova
Moving together with Bank Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Bank Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of Nova Scotia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of Nova Scotia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Bank of Nova Scotia's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of Nova Scotia's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Brian Porter | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Diversified Banks, Banks - Diversified, Financial Services, Banks, Investor Favorites, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors) | ||||
Bank of Nova Scotia's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bank of Nova Scotia's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsBank of Nova Scotia can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bank of Nova Scotia's financial leverage. It provides some insight into what part of Bank of Nova Scotia's total assets is financed by creditors.
| |||||
Bank of Nova (BNS) is traded on Toronto Exchange in Canada and employs 89,239 people. Bank of Nova Scotia is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 96.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of Nova Scotia's market, we take the total number of its shares issued and multiply it by Bank of Nova Scotia's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bank of Nova Scotia operates under Banks sector and is part of Financials industry. The entity has 1.24 B outstanding shares of which 33.73 M shares are currently shorted by private and institutional investors with about 7.08 days to cover all short positions.
Bank of Nova has accumulated about 383.37 B in cash with 31.72 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 321.37.
Check Bank of Nova Scotia Probability Of Bankruptcy
Ownership AllocationBank of Nova Scotia holds a total of 1.24 Billion outstanding shares. Over half of Bank of Nova Scotia's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Bank of Nova Scotia. Please watch out for any change in the institutional holdings of Bank of Nova Scotia as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bank Ownership Details
Bank of Nova Scotia Risk Profiles
Although Bank of Nova Scotia's alpha and beta are two of the key measurements used to evaluate Bank of Nova Scotia's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6683 | |||
| Standard Deviation | 0.8367 | |||
| Variance | 0.7001 | |||
| Downside Variance | 0.4681 |
Bank Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank of Nova Scotia without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Dashboard Now
Portfolio DashboardPortfolio dashboard that provides centralized access to all your investments |
| All Next | Launch Module |
Bank of Nova Scotia Corporate Directors
| Susan Segal | Independent Director | Profile | |
| Nora Aufreiter | Independent Director | Profile | |
| Tiff Macklem | Independent Director | Profile | |
| Michael Penner | Independent Director | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.