Bank Of Nova Stock Price on December 6, 2024

BNS Stock  USD 53.60  0.04  0.07%   
Below is the normalized historical share price chart for Bank of Nova extending back to June 07, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of Nova Scotia stands at 53.60, as last reported on the 26th of December, with the highest price reaching 53.77 and the lowest price hitting 53.47 during the day.
IPO Date
13th of September 1999
200 Day MA
49.8972
50 Day MA
54.2376
Beta
0.978
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Currently, Bank of Nova is very steady. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.0031, which signifies that the company had a 0.0031% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank of Nova, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nova Scotia's Mean Deviation of 0.6632, downside deviation of 1.08, and Risk Adjusted Performance of 0.0161 to double-check if the risk estimate we provide is consistent with the expected return of 0.0029%.
  
At this time, Bank of Nova Scotia's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 22 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024. . At this time, Bank of Nova Scotia's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.83 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 5.35 in 2024. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0031

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Estimated Market Risk

 0.95
  actual daily
8
92% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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.
Price Book
1.303
Price Sales
2.2535
Shares Float
1.2 B
Wall Street Target Price
55.0937
Earnings Share
4.08

Related Headline

Toronto Dominion Headline on 6th of December 2024

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Bank of Nova Scotia Valuation on December 6, 2024

It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On December 6, 2024 Bank was worth 55.53 at the beginning of the trading date compared to the closed value of 55.77. 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
  55.21    55.88    55.15    55.78    1,341,635  
12/06/2024
  55.53    56.38    55.51    55.77    1,283,559  
  55.94    56.16    55.70    55.81    1,072,517  
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Open Value
55.53
55.77
Closing Value
58.37
Upside

Bank of Nova Scotia Trading Date Momentum on December 6, 2024

On December 09 2024 Bank of Nova was traded for  55.81  at the closing time. Highest Bank of Nova Scotia's price during the trading hours was 56.16  and the lowest price during the day was  55.70 . The net volume was 1.1 M. The overall trading history on the 9th of December contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.07% . The overall trading delta to current price is 0.63% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B1.2 B
Net Income Applicable To Common Shares5.6 B5.7 B

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

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December 26, 2024
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Bank of Nova Scotia December 26, 2024 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 Bank of Nova 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.

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.