Bank of Nova Scotia (Germany) Price on October 8, 2024
| BKN Stock | EUR 52.00 0.24 0.46% |
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 52.00, as last reported on the 6th of January, with the highest price reaching 52.50 and the lowest price hitting 52.00 during the day. At this point, Bank of Nova Scotia is very steady. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for The Bank of, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nova Scotia's Semi Deviation of 1.22, mean deviation of 0.8932, and Risk Adjusted Performance of 0.1005 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.1188
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 9% 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 Valuation on October 8, 2024
It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On October 8, 2024 Bank was worth 47.88 at the beginning of the trading date compared to the closed value of 48.0. 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 | |
| 48.40 | 48.40 | 47.64 | 47.64 | 1,349 | |
10/08/2024 | 47.88 | 48.22 | 47.58 | 48.00 | 193.00 |
| 47.59 | 47.99 | 47.20 | 47.20 | 2,173 |
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Bank of Nova Scotia Trading Date Momentum on October 8, 2024
| On October 09 2024 The Bank of was traded for 47.20 at the closing time. The highest daily price throughout the period was 47.99 and the lowest price was 47.20 . The daily volume was 2.2 K. The net trading volume on 10/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.67% . The trading price change to current closing price is 2.56% . |
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.
Price Boundaries
Bank of Nova Scotia Period Price Range
Low | January 6, 2025
| 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 January 6, 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.
| Risk Adjusted Performance | 0.1005 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | 0.1192 | |||
| Sortino Ratio | 0.0883 | |||
| Treynor Ratio | 0.6127 |
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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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