Performance of BNS Bank of Nova Scotia | 35.1% 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
Performance Duell BNS vs XLF
| TimeFrame | BNS | XLF |
|---|---|---|
| 1 Week | 3.84% | 4.34% |
| 1 Month | 4.73% | 5.41% |
| 3 Months | 14.2% | 9.04% |
| 6 Months | 18.9% | 20.87% |
| 12 Months | 35.1% | 50.28% |
| YTD | 22.2% | 27.52% |
| Rel. Perf. 1m | -0.07 | |
| Rel. Perf. 3m | 0.19 | |
| Rel. Perf. 6m | -0.32 | |
| Rel. Perf. 12m | -0.74 | |
| Spearman 1m | 0.39 | 0.662 |
| Spearman 3m | 0.92 | 0.887 |
Is Bank of Nova Scotia a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Bank of Nova Scotia is currently (October 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -9.96 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 October 2024 is 76.84. This means that BNS is currently overvalued and has a potential downside of 4.02% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BNS as of October 2024 is 76.84. This means that BNS is currently overvalued and has a potential downside of 4.02% (Sold with Premium).
Is BNS a buy, sell or hold?
Bank of Nova Scotia has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 35.14%.
In compare to Financial Sector SPDR Fund, BNS made -15.14% less over the last 12 months. Due to the underperformance, it is recommend to sell BNS.
In compare to Financial Sector SPDR Fund, BNS made -15.14% less over the last 12 months. Due to the underperformance, it is recommend to sell 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 | 2.76% | 0.99% | 1.83% | -4.99% |
| US NASDAQ 100 | QQQ | 4.11% | 0.83% | 3.20% | -4.35% |
| US Dow Jones Industrial 30 | DIA | 2.01% | 0.78% | 3.36% | 2.29% |
| German DAX 40 | DBXD | 2.86% | 0.39% | 9.87% | 5.25% |
| UK FTSE 100 | ISFU | 3.35% | 5.45% | 5.41% | 10.94% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 12.27% | -12.20% | 10.57% | 23.80% |
| Hongkong Hang Seng | HSI | 8.77% | -4.36% | -4.94% | 24.07% |
| Japan Nikkei 225 | EXX7 | 4.29% | 0.58% | 15.69% | 12.17% |
| India NIFTY 50 | INDA | 5.17% | 7.53% | 8.37% | 7.04% |
| Brasil Bovespa | EWZ | 4.26% | 10.66% | 21.70% | 33.71% |
BNS Bank of Nova Scotia vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 3.00% | 1.25% | 5.01% | -2.48% |
| Consumer Discretionary | XLY | 3.18% | 1.62% | 3.10% | 3.05% |
| Consumer Staples | XLP | 2.77% | 5.89% | 5.64% | 9.73% |
| Energy | XLE | 5.57% | 0.57% | 21.04% | 31.26% |
| Financial | XLF | -0.50% | -0.68% | -1.96% | -15.14% |
| Health Care | XLV | 4.09% | 6.44% | 7.99% | 14.26% |
| Industrial | XLI | 1.74% | -0.83% | 3.49% | -7.70% |
| Materials | XLB | 1.77% | 0.52% | 8.64% | 3.43% |
| Real Estate | XLRE | 0.49% | 5.30% | -7.58% | -5.28% |
| Technology | XLK | 3.98% | -0.44% | 2.79% | -6.25% |
| Utilities | XLU | 0.12% | 1.00% | -10.14% | -9.89% |
| Aerospace & Defense | XAR | 0.08% | -2.27% | -4.70% | -7.71% |
| Biotech | XBI | 0.64% | 6.35% | 1.44% | -13.48% |
| Homebuilder | XHB | 0.48% | 2.57% | -4.80% | -41.44% |
| Retail | XRT | -0.62% | 1.98% | 7.47% | 1.33% |
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 35.14%, while its related Sector, the Financial Sector SPDR Fund (XLF) made 50.28%.
Over the last 3 months BNS made 14.23%, while XLF made 9.04%.
No, over the last 12 months Bank of Nova Scotia (BNS) made 35.14%, while its related Sector, the Financial Sector SPDR Fund (XLF) made 50.28%.
Over the last 3 months BNS made 14.23%, while XLF made 9.04%.
| Period | BNS | XLF | S&P 500 |
|---|---|---|---|
| 1 Month | 4.73% | 5.41% | 3.74% |
| 3 Months | 14.23% | 9.04% | 4.88% |
| 12 Months | 35.14% | 50.28% | 40.13% |