Bank of Nova Scotia (Germany) Performance
| BKN Stock | EUR 51.55 0.04 0.08% |
Bank of Nova Scotia has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of Nova Scotia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of Nova Scotia is expected to be smaller as well. Bank of Nova Scotia right now shows a risk of 1.25%. Please confirm Bank of Nova Scotia semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if Bank of Nova Scotia will be following its price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in The Bank of are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Bank of Nova Scotia may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| Begin Period Cash Flow | 9.7 B | |
| Total Cashflows From Investing Activities | -11.3 B |
Bank |
Bank of Nova Scotia Relative Risk vs. Return Landscape
If you would invest 4,850 in The Bank of on October 4, 2024 and sell it today you would earn a total of 305.00 from holding The Bank of or generate 6.29% return on investment over 90 days. The Bank of is currently producing 0.1095% returns and takes up 1.2545% volatility of returns over 90 trading days. Put another way, 11% of traded stocks are less volatile than Bank, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bank of Nova Scotia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Nova Scotia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Bank of, and traders can use it to determine the average amount a Bank of Nova Scotia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0873
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 6% 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 Fundamentals Growth
Bank Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of Nova Scotia, and Bank of Nova Scotia fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.008 | |||
| Profit Margin | 0.33 % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | (131.66 B) | |||
| Shares Outstanding | 1.19 B | |||
| Price To Earning | 9.41 X | |||
| Price To Book | 1.22 X | |||
| Price To Sales | 1.82 X | |||
| Revenue | 31.15 B | |||
| Cash And Equivalents | 221.92 B | |||
| Cash Per Share | 180.86 X | |||
| Total Debt | 177.43 B | |||
| Book Value Per Share | 61.21 X | |||
| Cash Flow From Operations | (78.96 B) | |||
| Earnings Per Share | 5.60 X | |||
| Total Asset | 1.35 T | |||
About Bank of Nova Scotia Performance
By analyzing Bank of Nova Scotia's fundamental ratios, stakeholders can gain valuable insights into Bank of Nova Scotia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bank of Nova Scotia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bank of Nova Scotia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Bank of Nova Scotia performance evaluation
Checking the ongoing alerts about Bank of Nova Scotia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bank of Nova Scotia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The Bank of has accumulated about 221.92 B in cash with (78.96 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 180.86. |
- Analyzing Bank of Nova Scotia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of Nova Scotia's stock is overvalued or undervalued compared to its peers.
- Examining Bank of Nova Scotia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of Nova Scotia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of Nova Scotia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of Nova Scotia's stock. These opinions can provide insight into Bank of Nova Scotia's potential for growth and whether the stock is currently undervalued or overvalued.
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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