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The Bank of Nova Scotia (BNS) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for The Bank of Nova Scotia (NYSE: BNS) is above average at 9.14x. The 36-month beta value for BNS is also noteworthy at 1.00. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”

The public float for BNS is 1.19B, and at present, short sellers hold a 1.67% of that float. The average trading volume of BNS on May 26, 2023 was 1.54M shares.

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BNS) stock’s latest price update

The Bank of Nova Scotia (NYSE: BNS) has seen a rise in its stock price by 1.39 in relation to its previous close of 48.29. However, the company has experienced a -1.41% decline in its stock price over the last five trading sessions.

BNS’s Market Performance

The Bank of Nova Scotia (BNS) has seen a -1.41% fall in stock performance for the week, with a 0.31% gain in the past month and a -6.64% plunge in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 1.63% for BNS. The simple moving average for the past 20 days is -0.78% for BNS’s stock, with a -4.60% simple moving average for the past 200 days.

BNS Trading at -1.17% from the 50-Day Moving Average

After a stumble in the market that brought BNS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.62% of loss for the given period.

Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares sank -1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.29% upper at present.

During the last 5 trading sessions, BNS fell by -1.41%, which changed the moving average for the period of 200-days by -18.86% in comparison to the 20-day moving average, which settled at $49.31. In addition, The Bank of Nova Scotia saw -0.04% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for BNS

Equity return is now at value 13.30, with 0.70 for asset returns.


In summary, The Bank of Nova Scotia (BNS) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.