Bank Of Nova Stock Price on December 29, 2021
| BNS Stock | USD 46.80 0.49 1.04% |
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 46.80, as last reported on the 25th of April, with the highest price reaching 47.23 and the lowest price hitting 46.56 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. We consider Bank of Nova Scotia very steady. Bank of Nova Scotia secures Sharpe Ratio (or Efficiency) of 0.0413, which signifies that the company had a 0.0413% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank of Nova, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nova Scotia's Risk Adjusted Performance of 0.0421, downside deviation of 1.25, and Mean Deviation of 0.8214 to double-check if the risk estimate we provide is consistent with the expected return of 0.0454%.
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 To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.17 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.28). Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of September 1999 | 200 Day MA 46.7394 | 50 Day MA 48.8712 | Beta 0.964 |
Bank |
Sharpe Ratio = 0.0413
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| Negative Returns | BNS |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bank of Nova Scotia is performing at about 3% 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 1.1522 | Price Sales 2.0169 | Shares Float 1.2 B | Dividend Share 4.21 | Wall Street Target Price 49.64 |
Bank of Nova Scotia Valuation on December 29, 2021
It is possible to determine the worth of Bank of Nova Scotia on a given historical date. On December 29, 2021 Bank was worth 69.59 at the beginning of the trading date compared to the closed value of 60.64. 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 | |
04/11/2022 | 69.59 | 69.94 | 60.64 | 60.64 | 1,560,794 |
| 68.89 | 69.14 | 59.79 | 59.79 | 1,195,423 |
| Backtest Bank of Nova Scotia | | | Bank of Nova Scotia History | | | Bank of Nova Scotia Valuation | Next |
Bank of Nova Scotia Trading Date Momentum on December 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.2 B | |
| Net Income Applicable To Common Shares | 5.6 B | 5.7 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.
Price Boundaries
Bank of Nova Scotia Period Price Range
Low | April 11, 2022
| High |
69.59 | 60.64 |
Bank of Nova Scotia April 25, 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
| Accumulation Distribution | 207541.0 | |||
| Daily Balance Of Power | (0.96) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 65.29 | |||
| Day Typical Price | 63.74 | |||
| Price Action Indicator | (9.12) | |||
| Period Momentum Indicator | (13.84) | |||
| Relative Strength Index | 55.82 |
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.
| Risk Adjusted Performance | 0.0421 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0482 |
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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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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Is Bank of Nova Scotia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Nova Scotia. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Nova Scotia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.246 | Dividend Share 4.21 | Earnings Share 4.45 | Revenue Per Share 24.448 | Quarterly Revenue Growth 0.02 |
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Nova Scotia's value that differs from its market value or its book value, called intrinsic value, which is Bank of Nova Scotia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Nova Scotia's market value can be influenced by many factors that don't directly affect Bank of Nova Scotia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.