BNS
Price
$49.69
Change
-$0.11 (-0.22%)
Updated
Mar 18, 6:59 PM EST
70 days until earnings call
RY
Price
$99.25
Change
-$0.13 (-0.13%)
Updated
Mar 18, 6:59 PM EST
72 days until earnings call
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BNS vs RY ᐉ Comparison: Which is Better to Invest?

Header iconBNS vs RY Comparison
Open Charts BNS vs RYBanner chart's image
Bank of Nova Scotia
Price$49.69
Change-$0.11 (-0.22%)
Volume$311.01K
CapitalizationN/A
Royal Bank of Canada
Price$99.25
Change-$0.13 (-0.13%)
Volume$69.14K
CapitalizationN/A
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BNS vs RY Comparison Chart

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BNSDaily Signal changed days agoGain/Loss if shorted
 
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RYDaily Signal changed days agoGain/Loss if shorted
 
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VS
BNS vs. RY commentary
Mar 19, 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 Sell.

COMPARISON
Comparison
Mar 19, 2024
Stock price -- (BNS: $49.69 vs. RY: $99.27)
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: 63% vs. RY: 43%
Market capitalization -- BNS: $60.76B vs. RY: $140.67B
BNS [@Major Banks] is valued at $60.76B. RY’s [@Major Banks] market capitalization is $140.67B. The market cap for tickers in the [@Major Banks] industry ranges from $548.13B to $0. The average market capitalization across the [@Major Banks] industry is $87.68B.

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, BNS is a better buy in the long-term than RY.

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 5 TA indicator(s) are bullish while RY’s TA Score has 6 bullish TA indicator(s).

  • BNS’s TA Score: 5 bullish, 5 bearish.
  • RY’s TA Score: 6 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 -0.48% price change this week, while RY (@Major Banks) price change was -0.76% for the same time period.

The average weekly price growth across all stocks in the @Major Banks industry was +0.37%. For the same industry, the average monthly price growth was +5.92%, and the average quarterly price growth was +17.99%.

Reported Earning Dates

BNS is expected to report earnings on May 28, 2024.

RY is expected to report earnings on May 30, 2024.

Industries' Descriptions

@Major Banks (+0.37% 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
A.I.dvisor published
a Summary for BNS with price predictions.
OPEN
A.I.dvisor published
a Summary for RY with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
RY($141B) has a higher market cap than BNS($60.8B). RY has higher P/E ratio than BNS: RY (12.47) vs BNS (11.00). BNS YTD gains are higher at: 2.054 vs. RY (-1.839). 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
Capitalization60.8B141B43%
EBITDAN/AN/A-
Gain YTD2.054-1.839-112%
P/E Ratio11.0012.4788%
Revenue32.2B56.4B57%
Total CashN/AN/A-
Total Debt306B442B69%
FUNDAMENTALS RATINGS
BNS vs RY: Fundamental Ratings
BNS
RY
OUTLOOK RATING
1..100
187
VALUATION
overvalued / fair valued / undervalued
1..100
57
Fair valued
94
Overvalued
PROFIT vs RISK RATING
1..100
10050
SMR RATING
1..100
22
PRICE GROWTH RATING
1..100
5051
P/E GROWTH RATING
1..100
4261
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 (57) in the Major Banks industry is somewhat better than the same rating for RY (94). This means that BNS’s stock grew somewhat faster than RY’s over the last 12 months.

RY's Profit vs Risk Rating (50) 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.

BNS's Price Growth Rating (50) in the Major Banks industry is in the same range as RY (51). This means that BNS’s stock grew similarly to RY’s over the last 12 months.

BNS's P/E Growth Rating (42) in the Major Banks industry is in the same range as RY (61). 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 1 day ago
62%
Bearish Trend 1 day ago
59%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
48%
Bearish Trend 1 day ago
55%
Momentum
ODDS (%)
Bullish Trend 1 day ago
43%
Bullish Trend 1 day ago
49%
MACD
ODDS (%)
Bearish Trend 1 day ago
50%
Bullish Trend 1 day ago
50%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
54%
Bearish Trend 1 day ago
53%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
38%
Bullish Trend 1 day ago
37%
Advances
ODDS (%)
Bullish Trend 6 days ago
43%
Bullish Trend 6 days ago
47%
Declines
ODDS (%)
Bearish Trend 8 days ago
57%
Bearish Trend 1 day ago
55%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
69%
Bearish Trend 1 day ago
37%
Aroon
ODDS (%)
Bullish Trend 1 day ago
27%
Bullish Trend 1 day ago
27%
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BNSDaily Signal changed days agoGain/Loss if shorted
 
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RYDaily Signal changed days agoGain/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 BMO. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNS jumps, then BMO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BNS
1D Price
Change %
BNS100%
-0.22%
BMO - BNS
77%
Closely correlated
+0.07%
CM - BNS
76%
Closely correlated
+0.73%
RY - BNS
74%
Closely correlated
-0.07%
TD - BNS
69%
Closely correlated
-1.33%
BAC - BNS
65%
Loosely correlated
+1.69%
More

RY and

Correlation & Price change

A.I.dvisor indicates that over the last year, RY has been closely correlated with BMO. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RY jumps, then BMO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RY
1D Price
Change %
RY100%
-0.07%
BMO - RY
86%
Closely correlated
+0.07%
CM - RY
82%
Closely correlated
+0.73%
BNS - RY
77%
Closely correlated
-0.22%
TD - RY
71%
Closely correlated
-1.33%
BAC - RY
69%
Closely correlated
+1.69%
More