Bank Of Nova Stock Price on October 28, 2024

BNS Stock  CAD 78.37  0.01  0.01%   
Below is the normalized historical share price chart for Bank of Nova extending back to December 18, 1989. 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 78.37, as last reported on the 18th of December 2024, with the highest price reaching 78.57 and the lowest price hitting 77.81 during the day.
200 Day MA
68.3856
50 Day MA
75.6138
Beta
0.978
 
Oil Shock
 
Dot-com Bubble
 
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. As of now, Bank Stock is very steady. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of Nova, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nova Scotia's Downside Deviation of 0.8614, mean deviation of 0.5993, and Risk Adjusted Performance of 0.1441 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At this time, Bank of Nova Scotia's Total Stockholder Equity is very stable compared to the past year. As of the 18th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.7 T, while Common Stock Shares Outstanding is likely to drop about 1.2 B. . At this time, Bank of Nova Scotia's Price Earnings Ratio is very stable compared to the past year. As of the 18th of December 2024, Price Book Value Ratio is likely to grow to 1.83, while Price To Sales Ratio is likely to drop 2.38. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1901

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Estimated Market Risk

 0.85
  actual daily
7
93% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Bank of Nova Scotia is performing at about 14% 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.
Price Book
1.3251
Price Sales
3.2949
Shares Float
1.2 B
Wall Street Target Price
80.5764
Earnings Share
5.87

Bank of Nova Scotia Valuation on October 28, 2024

It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On October 28, 2024 Bank was worth 71.94 at the beginning of the trading date compared to the closed value of 72.19. 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
  72.66    72.90    71.93    71.99    3,981,734  
10/28/2024
  71.94    72.44    71.86    72.19    6,242,659  
  72.29    72.88    72.13    72.78    7,993,257  
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Open Value
71.94
72.19
Closing Value
74.48
Upside

Bank of Nova Scotia Trading Date Momentum on October 28, 2024

On October 29 2024 Bank of Nova was traded for  72.78  at the closing time. The maximum traded price for the trading interval was 72.88  and the lowest daily price was  72.13 . The daily volume was recorded at 8 M. The volume of trading on 29th of October 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.82% . The overall trading delta to the closing price today is 2.84% .

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 Shares11.1 B8.7 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

Low
December 18, 2024
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High

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Bank of Nova cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 December 18, 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.
When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.