BNS
Price
$51.81
Change
-$0.00 (-0.00%)
Updated
Oct 9 closing price
54 days until earnings call
RY
Price
$122.27
Change
-$0.00 (-0.00%)
Updated
Oct 9 closing price
55 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$51.81
Change-$0.00 (-0.00%)
Volume$950.87K
CapitalizationN/A
Royal Bank of Canada
Price$122.27
Change-$0.00 (-0.00%)
Volume$1.02M
CapitalizationN/A
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BNS vs RY Comparison Chart
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BNS
Daily Signalchanged days ago
Gain/Loss if shorted
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RY
Daily Signalchanged days ago
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VS
BNS vs. RY commentary
Oct 11, 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 StrongBuy and RY is a Sell.

COMPARISON
Comparison
Oct 11, 2024
Stock price -- (BNS: $51.81 vs. RY: $122.27)
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: 50% vs. RY: 41%
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 2 FA rating(s) are green whileRY’s FA Score has 2 green FA rating(s).

  • BNS’s FA Score: 2 green, 3 red.
  • RY’s FA Score: 2 green, 3 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 4 bullish TA indicator(s).

  • BNS’s TA Score: 4 bullish, 5 bearish.
  • RY’s TA Score: 4 bullish, 4 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 -2.61% price change this week, while RY (@Major Banks) price change was -0.50% for the same time period.

The average weekly price growth across all stocks in the @Major Banks industry was +0.07%. For the same industry, the average monthly price growth was +4.52%, and the average quarterly price growth was +14.02%.

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 (+0.07% 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: 20.904 vs. BNS (6.408). 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 YTD6.40820.90431%
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
7955
VALUATION
overvalued / fair valued / undervalued
1..100
65
Fair valued
93
Overvalued
PROFIT vs RISK RATING
1..100
10031
SMR RATING
1..100
32
PRICE GROWTH RATING
1..100
4845
P/E GROWTH RATING
1..100
3234
SEASONALITY SCORE
1..100
75n/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 (65) in the Major Banks industry is in the same range as RY (93). This means that BNS’s stock grew similarly to RY’s over the last 12 months.

RY's Profit vs Risk Rating (31) in the Major Banks industry is significantly better than the same rating for BNS (100). This means that RY’s stock grew significantly 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 (3). This means that RY’s stock grew similarly to BNS’s over the last 12 months.

RY's Price Growth Rating (45) in the Major Banks industry is in the same range as BNS (48). This means that RY’s stock grew similarly to BNS’s over the last 12 months.

BNS's P/E Growth Rating (32) in the Major Banks industry is in the same range as RY (34). This means that BNS’s stock grew similarly to RY’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
BNSRY
RSI
ODDS (%)
Bearish Trend 2 days ago
66%
Bearish Trend 2 days ago
63%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
44%
Bullish Trend 2 days ago
44%
Momentum
ODDS (%)
Bearish Trend 2 days ago
53%
Bearish Trend 2 days ago
51%
MACD
ODDS (%)
Bearish Trend 2 days ago
66%
Bearish Trend 2 days ago
44%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
55%
Bearish Trend 2 days ago
52%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
43%
Bearish Trend 2 days ago
43%
Advances
ODDS (%)
Bullish Trend 21 days ago
46%
Bullish Trend 2 days ago
51%
Declines
ODDS (%)
Bearish Trend 2 days ago
57%
Bearish Trend 8 days ago
56%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
71%
Bullish Trend 2 days ago
63%
Aroon
ODDS (%)
Bullish Trend 2 days ago
31%
Bullish Trend 2 days ago
31%
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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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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 75% 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.

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Ticker /
NAME
Correlation
To RY
1D Price
Change %
RY100%
+0.38%
CM - RY
75%
Closely correlated
+0.35%
BNS - RY
66%
Loosely correlated
-1.07%
BMO - RY
62%
Loosely correlated
-0.30%
EWBC - RY
57%
Loosely correlated
+2.59%
BAC - RY
57%
Loosely correlated
+0.65%
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