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Performance of BNS Bank of Nova Scotia | 14.7% in 12m

Compare BNS with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Bank of Nova Scotia with its related Sector/Index XLF

Compare Bank of Nova Scotia with its related Sector/Index XLF

Performance Duell BNS vs XLF

TimeFrame BNS XLF
1 Week 1.24% -3.17%
1 Month 11.3% 6.72%
3 Months 8.54% 7.69%
6 Months 4.99% 9.90%
12 Months 14.7% 30.74%
YTD 9.88% 18.20%
Rel. Perf. 1m 0.33
Rel. Perf. 3m -0.02
Rel. Perf. 6m -0.57
Rel. Perf. 12m -0.57
Spearman 1m 0.97 0.92
Spearman 3m 0.65 0.86

Is Bank of Nova Scotia a good stock to buy?

Neither. Based on ValueRay Fundamental Analyses, Bank of Nova Scotia is currently (September 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -4.34 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BNS as of September 2024 is 51.07. This means that BNS is currently overvalued and has a potential downside of 1.13% (Sold with Premium).

Is BNS a buy, sell or hold?

  • Strong Buy: 0
  • Buy: 1
  • Hold: 12
  • Sell: 2
  • Strong Sell: 0
Bank of Nova Scotia has received a consensus analysts rating of 2.93. Therefor, it is recommend to hold BNS.
Values above 0%: BNS is performing better - Values below 0%: BNS is underperforming

Compare BNS with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY 5.38% 7.77% -1.69% -7.46%
US NASDAQ 100 QQQ 7.03% 9.18% 2.44% -5.13%
US Dow Jones Industrial 30 DIA 4.06% 7.46% -0.31% -3.78%
German DAX 40 DBXD 4.48% 5.86% 2.16% 0.12%
UK FTSE 100 ISFU 3.49% 4.99% -7.33% -3.44%
Shanghai Shenzhen CSI 300 CSI 300 3.92% 13.57% 11.26% 25.63%
Hongkong Hang Seng HSI 3.46% 6.49% 4.48% 20.56%
Japan Nikkei 225 EXX7 8.36% 5.58% 15.12% 8.86%
India NIFTY 50 INDA 3.34% 8.65% -3.45% -9.59%
Brasil Bovespa EWZ 2.95% 4.38% 13.50% 14.48%

BNS Bank of Nova Scotia vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC 5.31% 10.67% -2.38% -9.80%
Consumer Discretionary XLY 3.76% 5.87% 3.00% 8.63%
Consumer Staples XLP 0.66% 5.19% -6.83% -3.43%
Energy XLE 7.01% 12.38% 4.67% 16.86%
Financial XLF 4.41% 4.54% -4.91% -16.02%
Health Care XLV 3.31% 6.89% -1.24% -2.93%
Industrial XLI 5.48% 8.11% 0.78% -6.35%
Materials XLB 5.90% 9.67% 2.89% 3.07%
Real Estate XLRE 1.06% 6.25% -6.78% -8.65%
Technology XLK 8.69% 9.60% 6.24% -3.60%
Utilities XLU 1.74% 7.09% -17.13% -9.04%
Aerospace & Defense XAR 6.45% 7.26% 0.52% -11.62%
Biotech XBI 5.92% 9.06% 8.47% -7.89%
Homebuilder XHB 5.64% 7.84% -2.85% -22.88%
Retail XRT 6.22% 11.77% 8.24% -3.93%

BNS Bank of Nova Scotia vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 8.52% 16.12% 12.27% 26.77%
Natural Gas UNG -5.87% 3.75% 22.17% 61.37%
Gold GLD 1.53% 6.76% -11.02% -14.55%
Silver SLV 4.54% 7.85% -10.30% -5.70%
Copper CPER 4.66% 10.27% -0.58% 6.27%

Returns of BNS vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT -2.27% 7.85% -0.82% 4.19%
iShares High Yield Corp. Bond HYG 0.52% 8.16% -1.08% 1.63%
Does Bank of Nova Scotia outperform its market, is BNS a Sector Leader?
No, over the last 12 months Bank of Nova Scotia (BNS) made 14.72%, while its related Sector, the Financial Sector SPDR Fund (XLF) made 30.74%.
Over the last 3 months BNS made 8.54%, while XLF made 7.69%.
Period BNS XLF S&P 500
1 Month 11.26% 6.72% 3.49%
3 Months 8.54% 7.69% 1.39%
12 Months 14.72% 30.74% 22.18%