BNS
Price
$54.44
Change
-$0.36 (-0.66%)
Updated
Sep 27 closing price
65 days until earnings call
RY
Price
$124.26
Change
-$0.28 (-0.22%)
Updated
Sep 27 closing price
66 days until earnings call
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BNS vs RY

Header iconBNS vs RY Comparison
Open Charts BNS vs RYBanner chart's image
Bank of Nova Scotia
Price$54.44
Change-$0.36 (-0.66%)
Volume$882.86K
CapitalizationN/A
Royal Bank of Canada
Price$124.26
Change-$0.28 (-0.22%)
Volume$837.11K
CapitalizationN/A
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BNS vs RY Comparison Chart
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BNS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RY
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
BNS vs. RY commentary
Sep 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is BNS is a Hold and RY is a StrongBuy.

COMPARISON
Comparison
Sep 29, 2024
Stock price -- (BNS: $50.03 vs. RY: $120.84)
Brand notoriety: BNS and RY are both not notable
Both companies represent the Major Banks industry
Current volume relative to the 65-day Moving Average: BNS: 96% vs. RY: 76%
Market capitalization -- BNS: $63.25B vs. RY: $142.17B
BNS [@Major Banks] is valued at $63.25B. RY’s [@Major Banks] market capitalization is $142.17B. The market cap for tickers in the [@Major Banks] industry ranges from $573.02B to $0. The average market capitalization across the [@Major Banks] industry is $89.36B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

BNS’s FA Score shows that 1 FA rating(s) are green whileRY’s FA Score has 1 green FA rating(s).

  • BNS’s FA Score: 1 green, 4 red.
  • RY’s FA Score: 1 green, 4 red.
According to our system of comparison, RY is a better buy in the long-term than BNS.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

BNS’s TA Score shows that 4 TA indicator(s) are bullish while RY’s TA Score has 6 bullish TA indicator(s).

  • BNS’s TA Score: 4 bullish, 5 bearish.
  • RY’s TA Score: 6 bullish, 2 bearish.
According to our system of comparison, RY is a better buy in the short-term than BNS.

Price Growth

BNS (@Major Banks) experienced а +0.14% price change this week, while RY (@Major Banks) price change was +3.81% for the same time period.

The average weekly price growth across all stocks in the @Major Banks industry was +1.74%. For the same industry, the average monthly price growth was +2.92%, and the average quarterly price growth was +15.66%.

Reported Earning Dates

BNS is expected to report earnings on Dec 03, 2024.

RY is expected to report earnings on Dec 04, 2024.

Industries' Descriptions

@Major Banks (+1.74% weekly)

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

SUMMARIES
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FUNDAMENTALS
Fundamentals
RY($142B) has a higher market cap than BNS($63.2B). RY has higher P/E ratio than BNS: RY (12.58) vs BNS (11.14). RY YTD gains are higher at: 19.490 vs. BNS (2.752). BNS has less debt than RY: BNS (306B) vs RY (442B). RY has higher revenues than BNS: RY (56.4B) vs BNS (32.2B).
BNSRYBNS / RY
Capitalization63.2B142B45%
EBITDAN/AN/A-
Gain YTD2.75219.49014%
P/E Ratio11.1412.5889%
Revenue32.2B56.4B57%
Total CashN/AN/A-
Total Debt306B442B69%
FUNDAMENTALS RATINGS
BNS vs RY: Fundamental Ratings
BNS
RY
OUTLOOK RATING
1..100
812
VALUATION
overvalued / fair valued / undervalued
1..100
58
Fair valued
92
Overvalued
PROFIT vs RISK RATING
1..100
10037
SMR RATING
1..100
22
PRICE GROWTH RATING
1..100
5646
P/E GROWTH RATING
1..100
4040
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

BNS's Valuation (58) in the Major Banks industry is somewhat better than the same rating for RY (92). This means that BNS’s stock grew somewhat faster than RY’s over the last 12 months.

RY's Profit vs Risk Rating (37) in the Major Banks industry is somewhat better than the same rating for BNS (100). This means that RY’s stock grew somewhat faster than BNS’s over the last 12 months.

RY's SMR Rating (2) in the Major Banks industry is in the same range as BNS (2). This means that RY’s stock grew similarly to BNS’s over the last 12 months.

RY's Price Growth Rating (46) in the Major Banks industry is in the same range as BNS (56). This means that RY’s stock grew similarly to BNS’s over the last 12 months.

RY's P/E Growth Rating (40) in the Major Banks industry is in the same range as BNS (40). This means that RY’s stock grew similarly to BNS’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
BNSRY
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
MACD
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Declines
ODDS (%)
Bearish Trend about 2 months ago
0%
Bearish Trend about 2 months ago
0%
BollingerBands
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Aroon
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
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BNS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RY
Daily Signalchanged days ago
Gain/Loss if shorted
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BNS and

Correlation & Price change

A.I.dvisor indicates that over the last year, BNS has been closely correlated with RY. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNS jumps, then RY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BNS
1D Price
Change %
BNS100%
+0.30%
RY - BNS
71%
Closely correlated
+0.05%
CM - BNS
71%
Closely correlated
-0.89%
BMO - BNS
65%
Loosely correlated
-1.53%
BAC - BNS
63%
Loosely correlated
-0.12%
TD - BNS
60%
Loosely correlated
-1.29%
More

RY and

Correlation & Price change

A.I.dvisor indicates that over the last year, RY has been closely correlated with CM. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if RY jumps, then CM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RY
1D Price
Change %
RY100%
+0.05%
CM - RY
83%
Closely correlated
-0.89%
TD - RY
75%
Closely correlated
-1.29%
BMO - RY
71%
Closely correlated
-1.53%
BNS - RY
71%
Closely correlated
+0.30%
BAC - RY
62%
Loosely correlated
-0.12%
More