Bank of Nova Scotia

10-Year Study

BNS.TO · Financial Services · CA · Common Stock

Executive Summary: Bank of Nova Scotia has compounded at 10.7% annually over the last 10 years, with a maximum drawdown of 31.4% and an annualized volatility of 22.9%.

1Y CAGR
+50.4%
3Y CAGR
+23.4%
5Y CAGR
+11.5%
10Y CAGR
+10.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
31.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.45
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.66
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +39.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -21.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.71.7-6.86.6————————2.6%
2025-2.3-3.4-5.02.76.52.53.911.34.93.55.44.438.8%
2024-0.94.76.5-8.42.2-3.04.84.39.5-1.311.4-3.327.6%
202310.3-6.40.90.9-3.01.11.8-3.4-3.4-7.88.16.33.7%
20223.10.3-2.4-8.25.4-11.24.9-6.9-9.51.86.6-5.5-21.3%
20210.49.15.70.73.8-0.7-1.40.4-0.25.3-1.713.539.2%
2020-0.2-2.8-18.2-1.3-1.11.8-0.52.5-1.91.714.28.9-0.3%
20199.9-2.2-2.75.0-7.13.90.20.57.60.4-0.8-2.111.8%
20180.7-2.7-0.20.5-0.9-3.83.6-2.01.9-7.22.3-4.7-12.2%
20174.0-0.92.0-2.50.43.3-0.40.03.24.9-2.10.512.8%
2016———4.9-2.5-0.24.75.30.63.72.91.823.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 22.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 40.0% of variance. Idiosyncratic stock-specific factors contribute 16.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110486.04943854507
2016-05-0110221.503642237974
2016-06-0110203.115380214776
2016-07-0110686.604083011427
2016-08-0111250.674236274184
2016-09-0111322.565530317477
2016-10-0111739.50234552498
2016-11-0112075.013212306789
2016-12-0112295.345454149208
2017-01-0112788.750197503556
2017-02-0112670.329790074153
2017-03-0112918.993576367133
2017-04-0112600.181975689355
2017-05-0112656.627129633162
2017-06-0113078.767141946486
2017-07-0113021.749908739737
2017-08-0113025.10065870841
2017-09-0113445.933061277861
2017-10-0114101.20899417569
2017-11-0113801.493944132375
2017-12-0113869.407925204725
2018-01-0113972.000806359341
2018-02-0113592.439836330848
2018-03-0113568.494232896193
2018-04-0113637.089260710143
2018-05-0113519.595076849315
2018-06-0113005.050642635704
2018-07-0113467.998975705701
2018-08-0113195.47131158706
2018-09-0113450.536937251078
2018-10-0112480.699135343057
2018-11-0112772.187140747843
2018-12-0112171.77633335331
2019-01-0113379.108754992072
2019-02-0113082.199617524151
2019-03-0112724.459385096521
2019-04-0113360.066688096938
2019-05-0112414.828294495508
2019-06-0112895.211424150464
2019-07-0112917.19561296931
2019-08-0112979.525010760539
2019-09-0113960.12335118584
2019-10-0114013.898801902573
2019-11-0113902.588522455475
2019-12-0113607.64079960336
2020-01-0113575.141249094208
2020-02-0113188.2522161261
2020-03-0110793.637388921275
2020-04-0110655.657319073123
2020-05-0110535.357222636905
2020-06-0110728.229659858016
2020-07-0110674.971804664896
2020-08-0110938.891037969717
2020-09-0110735.121852883007
2020-10-0110916.089593060951
2020-11-0112464.272287935668
2020-12-0113568.712167853504
2021-01-0113628.644281114302
2021-02-0114867.631755302631
2021-03-0115710.931072621377
2021-04-0115822.813431331422
2021-05-0116417.176543660546
2021-06-0116297.884396401894
2021-07-0116063.413624203857
2021-08-0116121.166387891535
2021-09-0116081.96533744504
2021-10-0116931.720977874153
2021-11-0116647.915179714615
2021-12-0118893.680431075347
2022-01-0119484.91072839311
2022-02-0119546.640805051735
2022-03-0119067.810461967627
2022-04-0117508.70377735765
2022-05-0118462.14197372794
2022-06-0116395.982369061956
2022-07-0117203.431385902877
2022-08-0116014.786886853619
2022-09-0114488.724590146072
2022-10-0114753.106935235179
2022-11-0115723.189913970176
2022-12-0114862.891669981096
2023-01-0116392.19574917866
2023-02-0115347.606256912624
2023-03-0115490.98021695425
2023-04-0115627.325774622564
2023-05-0115151.30134411385
2023-06-0115315.379125100115
2023-07-0115596.270043205606
2023-08-0115060.749369350719
2023-09-0114548.438768449556
2023-10-0113418.11911235092
2023-11-0114505.423856250103
2023-12-0115413.504339629837
2024-01-0115275.033916127732
2024-02-0115989.342980587444
2024-03-0117024.34333473175
2024-04-0115587.225742477158
2024-05-0115922.845576737624
2024-06-0115444.069717392846
2024-07-0116184.530976729997
2024-08-0116887.425697800492
2024-09-0118499.109190861986
2024-10-0118260.25247764805
2024-11-0120338.698165532496
2024-12-0119661.165625119185
2025-01-0119204.973275725864
2025-02-0118548.96181234711
2025-03-0117621.757536463247
2025-04-0118096.610566576408
2025-05-0119264.060891027075
2025-06-0119754.63247993636
2025-07-0120525.359456470218
2025-08-0122836.423469415553
2025-09-0123960.014383707185
2025-10-0124791.708664549067
2025-11-0126125.743021995087
2025-12-0127281.91521240486
2026-01-0127732.22331795076
2026-02-0128189.88672830594
2026-03-0126280.231664859624
2026-04-0128001.917827624347
Annual Return Matrix
YearAnnual Return
20170.12802100412106188
2018-0.12240115807440677
20190.11796671471159614
2020-0.0028607921331218478
20210.3924446327218556
2022-0.21334058103706566
20230.03704613354350328
20240.27558050342699403
20250.38760416002748976
20260.026391204928754686
Total Factor Risk
0.22850738889673516
VTI.US Exposure
0.39859462895466574
VEA.US Exposure
0.11475185539253074
VWO.US Exposure
-0.021513728436346087
QQQ.US Exposure
-0.056666872308272456
VTV.US Exposure
0.043569382544769754
IJR.US Exposure
0.021160603730976953
QUAL.US Exposure
-0.12035331783507718
SHV.US Exposure
0.40016728435109444
TLT.US Exposure
0.012011596458997936
LQD.US Exposure
0.01573354469778861
HYG.US Exposure
0.05235755208729397
GLD.US Exposure
0.028121885662152388
USO.US Exposure
-0.00042741105234450323
VNQ.US Exposure
-0.036627519392101404
BTC-USD.CC Exposure
0.009700369048170473
CPER.US Exposure
-0.015304197946508134
VIX.INDX Exposure
-0.01742772304308748
UUP.US Exposure
-0.009804323259057827
TIP.US Exposure
0.02090235787859437
Idiosyncratic Exposure
0.16105403246575972
Value Score
44.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
53.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
22.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →14.5x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →4.47%
Market Cap$120.8B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$599
Avg Yield on Cost
5.99%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$599.325.99%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+2.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+12.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.19
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Bank of Nova Scotia a high-risk investment?

Bank of Nova Scotia (BNS.TO) has an annualized volatility of 22.9% and experienced a maximum drawdown of 31.4% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of BNS.TO?

Over the past 10 years, BNS.TO has generated a Compound Annual Growth Rate (CAGR) of 10.7%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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