Bank of Nova Scotia Financials
| BKN Stock | EUR 51.55 0.04 0.08% |
Bank |
Understanding current and past Bank of Nova Scotia Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bank of Nova Scotia's financial statements are interrelated, with each one affecting the others. For example, an increase in Bank of Nova Scotia's assets may result in an increase in income on the income statement.
Bank of Nova Scotia Stock Summary
Bank of Nova Scotia competes with Pembina Pipeline, USU Software, CDL INVESTMENT, New Residential, and HK Electric. The Bank of Nova Scotia provides various banking products and services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada. BK NOVA operates under Banks - Global classification in Germany and is traded on Frankfurt Stock Exchange. It employs 99678 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA0641491075 |
| Business Address | 40 Temperance Street, |
| Sector | Financial Services |
| Industry | Banks - Global |
| Benchmark | Dow Jones Industrial |
| Website | www.scotiabank.com |
| Phone | 416 866 3672 |
| Currency | EUR - Euro |
You should never invest in Bank of Nova Scotia without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Stock, because this is throwing your money away. Analyzing the key information contained in Bank of Nova Scotia's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank of Nova Scotia Key Financial Ratios
There are many critical financial ratios that Bank of Nova Scotia's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bank of Nova Scotia reports annually and quarterly.Bank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of Nova Scotia's current stock value. Our valuation model uses many indicators to compare Bank of Nova Scotia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of Nova Scotia competition to find correlations between indicators driving Bank of Nova Scotia's intrinsic value. More Info.The Bank of is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Bank of is roughly 17.23 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of Nova Scotia's earnings, one of the primary drivers of an investment's value.Bank of Nova Scotia Systematic Risk
Bank of Nova Scotia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of Nova Scotia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Bank of Nova Scotia correlated with the market. If Beta is less than 0 Bank of Nova Scotia generally moves in the opposite direction as compared to the market. If Bank of Nova Scotia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of Nova Scotia is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of Nova Scotia is generally in the same direction as the market. If Beta > 1 Bank of Nova Scotia moves generally in the same direction as, but more than the movement of the benchmark.
Bank of Nova Scotia January 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of Nova Scotia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Bank of. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Bank of based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of Nova Scotia's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 7.76 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.85 |
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.
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