Bank of Nova Scotia (Germany) Price on January 6, 2025

BKN Stock  EUR 44.20  0.16  0.36%   
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank of Nova Scotia stands at 44.20, as last reported on the 22nd of March, with the highest price reaching 44.28 and the lowest price hitting 43.70 during the day. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of standard deviation over the last 3 months. The Bank of exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Nova Scotia's Risk Adjusted Performance of (0.17), coefficient of variation of (507.57), and Mean Deviation of 0.9266 to double-check the risk estimate we provide.
  
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.182

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBKN

Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bank of Nova Scotia is not performing at its full potential. However, 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 Bank of Nova Scotia to a well-diversified portfolio.

Bank of Nova Scotia Valuation on January 6, 2025

It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On January 6, 2025 Bank was worth 51.32 at the beginning of the trading date compared to the closed value of 51.32. 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
  51.43    51.69    51.43    51.55    105.00  
01/06/2025
  51.32    51.81    51.32    51.32    228.00  
  51.21    51.79    50.38    51.03    763.00  
Backtest Bank of Nova Scotia  |  Bank of Nova Scotia History  |  Bank of Nova Scotia Valuation   PreviousNext  
Open Value
51.32
51.32
Closing Value
54.78
Upside

Bank of Nova Scotia Trading Date Momentum on January 6, 2025

On January 07 2025 The Bank of was traded for  51.03  at the closing time. The highest daily price throughout the period was 51.79  and the lowest price was  50.38 . The daily volume was 763. The net trading volume on 01/07/2025 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.57% . The trading price change to current closing price is 2.01% .

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
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.

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.
A focus of Bank of Nova Scotia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of Nova Scotia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bank of Nova Scotia Period Price Range

Low
March 22, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

The Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 March 22, 2025 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 The Bank of 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.

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.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Stocks Directory
Find actively traded stocks across global markets
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.