Bank Of Nova Stock Performance
| BNS Stock | CAD 71.40 0.83 1.15% |
The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. 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. At this point, Bank of Nova Scotia has a negative expected return of -0.16%. Please make sure to confirm Bank of Nova Scotia's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Bank of Nova Scotia performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bank of Nova has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Forward Dividend Yield 0.0587 | Payout Ratio | Last Split Factor 2:1 | Forward Dividend Rate 4.24 | Dividend Date 2025-01-29 |
1 | Bank of Nova Scotias SWOT analysis stock turnaround efforts face global challenges - Investing.com UK | 12/16/2024 |
| Bank of Nova Scotia dividend paid on 29th of January 2025 | 01/29/2025 |
| Begin Period Cash Flow | 10.2 B |
Bank |
Bank of Nova Scotia Relative Risk vs. Return Landscape
If you would invest 7,870 in Bank of Nova on November 28, 2024 and sell it today you would lose (730.00) from holding Bank of Nova or give up 9.28% of portfolio value over 90 days. Bank of Nova is producing return of less than zero assuming 0.8403% volatility of returns over the 90 days investment horizon. Simply put, 7% of all stocks have less volatile historical return distribution than Bank of Nova Scotia, and 99% of all equity instruments are likely to generate higher returns than the company 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 Bank of Nova, 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 = -0.1887
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BNS |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 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 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 | 0.097 | ||||
| Return On Asset | 0.0056 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | (52.69 B) | ||||
| Shares Outstanding | 1.36 B | ||||
| Price To Earning | 13.40 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 3.30 X | ||||
| Revenue | 33.62 B | ||||
| Gross Profit | 29.48 B | ||||
| EBITDA | 11.46 B | ||||
| Net Income | 7.76 B | ||||
| Cash And Equivalents | 383.37 B | ||||
| Cash Per Share | 321.37 X | ||||
| Total Debt | 103.38 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 66.19 X | ||||
| Cash Flow From Operations | 15.65 B | ||||
| Earnings Per Share | 5.87 X | ||||
| Market Capitalization | 97.17 B | ||||
| Total Asset | 1.41 T | ||||
| Retained Earnings | 57.75 B | ||||
About Bank of Nova Scotia Performance
By examining Bank of Nova Scotia's fundamental ratios, stakeholders can obtain critical insights into Bank of Nova Scotia's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Bank of Nova Scotia is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.15 |
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.| Bank of Nova Scotia generated a negative expected return over the last 90 days | |
| On 29th of January 2025 Bank of Nova Scotia paid C$ 0.7536 per share dividend to its current shareholders |
- 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.
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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.