Bank Of Nova Stock Filter Stocks by Fundamentals

BNS Stock  USD 51.78  0.62  1.21%   
Bank Of Nova fundamentals help investors to digest information that contributes to Bank of Nova Scotia's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Nova Scotia's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of Nova Scotia stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bank Cash Flow from Operations Analysis

Bank Cash Flow from Operations Driver Correlations

Understanding the fundamental principles of building solid financial models for Bank of Nova Scotia is extremely important. It helps to project a fair market value of Bank Stock properly, considering its historical fundamentals such as Cash Flow from Operations. Since Bank of Nova Scotia's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bank of Nova Scotia's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bank of Nova Scotia's interrelated accounts and indicators.
0.910.520.880.140.810.250.71.00.850.94-0.06-0.30.950.80.290.420.810.430.70.890.77-0.83-0.010.690.770.440.45
0.910.370.980.450.520.520.630.90.720.790.210.050.80.90.520.140.730.670.620.650.48-0.70.00.560.660.330.41
0.520.370.390.190.390.320.030.520.650.54-0.17-0.080.550.520.43-0.020.670.330.610.420.32-0.6-0.610.790.790.930.88
0.880.980.390.430.50.50.530.870.750.770.260.040.760.860.520.130.760.640.640.60.45-0.690.050.570.670.330.45
0.140.450.190.43-0.460.98-0.010.120.05-0.030.520.890.030.70.92-0.810.190.950.23-0.27-0.51-0.14-0.550.040.130.290.28
0.810.520.390.5-0.46-0.350.630.820.720.86-0.39-0.80.840.3-0.270.840.6-0.170.510.970.99-0.660.250.60.610.270.25
0.250.520.320.50.98-0.350.040.230.20.080.480.830.140.780.95-0.750.350.970.34-0.16-0.41-0.29-0.60.160.260.420.4
0.70.630.030.53-0.010.630.040.70.560.59-0.26-0.280.620.51-0.080.510.480.240.180.750.67-0.640.030.370.490.030.07
1.00.90.520.870.120.820.230.70.850.94-0.07-0.320.960.790.280.440.810.410.710.90.78-0.83-0.010.70.770.450.45
0.850.720.650.750.050.720.20.560.850.8-0.13-0.310.790.640.220.40.970.310.640.770.69-0.95-0.160.80.910.590.66
0.940.790.540.77-0.030.860.080.590.940.8-0.13-0.470.920.640.180.540.780.250.680.890.82-0.790.060.620.70.460.42
-0.060.21-0.170.260.52-0.390.48-0.26-0.07-0.13-0.130.53-0.180.240.52-0.49-0.050.430.12-0.36-0.440.180.07-0.19-0.19-0.08-0.02
-0.30.05-0.080.040.89-0.80.83-0.28-0.32-0.31-0.470.53-0.390.330.73-0.95-0.170.72-0.11-0.64-0.820.23-0.49-0.25-0.20.040.06
0.950.80.550.760.030.840.140.620.960.790.92-0.18-0.390.710.190.470.760.320.680.920.81-0.8-0.040.680.740.450.4
0.80.90.520.860.70.30.780.510.790.640.640.240.330.710.76-0.190.70.880.630.490.25-0.7-0.40.520.640.520.5
0.290.520.430.520.92-0.270.95-0.080.280.220.180.520.730.190.76-0.70.380.910.55-0.13-0.36-0.25-0.540.230.270.540.48
0.420.14-0.020.13-0.810.84-0.750.510.440.40.54-0.49-0.950.47-0.19-0.70.26-0.60.10.730.88-0.330.560.290.28-0.13-0.08
0.810.730.670.760.190.60.350.480.810.970.78-0.05-0.170.760.70.380.260.430.70.660.56-0.94-0.270.780.90.680.72
0.430.670.330.640.95-0.170.970.240.410.310.250.430.720.320.880.91-0.60.430.40.04-0.23-0.41-0.540.240.360.40.39
0.70.620.610.640.230.510.340.180.710.640.680.12-0.110.680.630.550.10.70.40.520.41-0.56-0.160.650.580.70.59
0.890.650.420.6-0.270.97-0.160.750.90.770.89-0.36-0.640.920.49-0.130.730.660.040.520.96-0.760.10.620.680.310.28
0.770.480.320.45-0.510.99-0.410.670.780.690.82-0.44-0.820.810.25-0.360.880.56-0.230.410.96-0.650.270.560.590.190.19
-0.83-0.7-0.6-0.69-0.14-0.66-0.29-0.64-0.83-0.95-0.790.180.23-0.8-0.7-0.25-0.33-0.94-0.41-0.56-0.76-0.650.3-0.67-0.85-0.57-0.56
-0.010.0-0.610.05-0.550.25-0.60.03-0.01-0.160.060.07-0.49-0.04-0.4-0.540.56-0.27-0.54-0.160.10.270.3-0.32-0.38-0.7-0.58
0.690.560.790.570.040.60.160.370.70.80.62-0.19-0.250.680.520.230.290.780.240.650.620.56-0.67-0.320.940.770.88
0.770.660.790.670.130.610.260.490.770.910.7-0.19-0.20.740.640.270.280.90.360.580.680.59-0.85-0.380.940.740.85
0.440.330.930.330.290.270.420.030.450.590.46-0.080.040.450.520.54-0.130.680.40.70.310.19-0.57-0.70.770.740.91
0.450.410.880.450.280.250.40.070.450.660.42-0.020.060.40.50.48-0.080.720.390.590.280.19-0.56-0.580.880.850.91
Click cells to compare fundamentals
Competition

Bank Discontinued Operations

Discontinued Operations

(20.76 Million)

At this time, Bank of Nova Scotia's Discontinued Operations is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Bank Of Nova has 0.0null in Cash Flow from Operations. This indicator is about the same for the Banks average (which is currently at 0.0) sector and about the same as Cash Flow from Operations (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Did you try this?

Run Portfolio Optimization Now

   

Portfolio Optimization

Compute new portfolio that will generate highest expected return given your specified tolerance for risk
All  Next Launch Module

Bank of Nova Scotia ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bank of Nova Scotia's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of Nova Scotia's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Bank Fundamentals

About Bank of Nova Scotia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Of Nova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Nova Scotia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Of Nova based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. Bank of Nova Scotia is traded on New York Stock Exchange in the United States.

Pair Trading with Bank of Nova Scotia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

  0.84C Citigroup Aggressive PushPairCorr
  0.93CM Canadian Imperial Bank Financial Report 23rd of May 2024 PairCorr
  0.81NU Nu Holdings Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of Nova to buy it.
The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Bank of Nova Scotia Piotroski F Score and Bank of Nova Scotia Altman Z Score analysis.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
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
4.5
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.