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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Collecting data for BNS-PN

Bank quote and profile

 
 Companies |  Insiders  | Dashboard  
     
25.97
  
STOCK
(0.08)  Macroaxis: -0.31 Down   0.31%  
Year To Date
25.7826.98
Last 1 Month(s)
25.7826.37
Trading Day 
25.9526.01
 

Diversification Suggestion

Use Bank to protect against small markets fluctuations. The stock experiences normal downward trend and little activity
Analyze Bank of Nova Scotia Trend or Check current 30 days Bank correlation with market (S&P 500)
1 Month Beta -0.09  
Highest Price:  
Lowest Price:  
26.37  
25.78  
May 24 2013 
June 11 2013 
As returns on market increase, returns on owning Bank are expected to decrease at a much smaller rate. During bear market, Bank is likely to outperform the market.
Bank of Nova Scotia Almost negative betaBank of Nova Scotia Beta Legend
BNS-PN Canada Toronto #B28HLS1CA
Bank of Nova Scotia
Benchmark S&P 500
Currency: CAD - Canadian Dollar
Traded on Toronto Stock Exchange
    
 United States SP 500   0.78 % Macroaxis: 0.78 Moved Up  
 
 Canada Canada   0.64 % Macroaxis: 0.64 Moved Up  
 
 thisRed BNS-PN BNS-PN.TO agains markets  0.31 % Macroaxis: 0.31 Moved Down  
 
Compare to Competition Alpha & Beta   Get Advice

Bank correlation with market

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Bank of Nova Scotia and equity matching GSPC index in the same portfolio

Bank Performance

Price Growth (%)  
Bank   Market   
 
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Past Market
Over 30
Days
0
Out Of
100
 
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Bank Research Report

Bank vs. Ecopetrol

Correlation analysis and fundamentals comparison between Bank of Nova Scotia and Ecopetrol SA

Bank vs Competition

Bank vs. Ecopetrol SA
Bank vs. TD US SmallCap Equity I
Bank vs. The Bank of Nova Scotia
Bank vs. Manulife Financial Corporation
Bank vs. Canadian National Railway Company
Bank vs. Suncor Energy Inc
Bank vs. Bank of Montreal
Bank vs. Enbridge Inc

Bank June 18 2013 Opportunity Range

Downside Deviation0.3813
Information Ratio0.1204
Maximum Drawdown0.9181
Value At Risk(0.69)
Potential Upside0.7336

 
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