BNS Forecast


Bullish Case: BNS may experience rebound due to strategic maneuvers in high-growth markets, with solid support from a 6.6% dividend yield, attracting long-term investors and pushing prices higher.




Bearish Case: Continued underperformance is possible due to strategic uncertainties and a lag in digital transformation efforts, posing risks to investor confidence and leading to potential price declines.




Potential Outcomes:

1. Positive earnings surprise bolstering stock (+30%);

2. Extended underperformance due to strategy issues (-40%);

3. Dividend sustainability attracting value (+20%);

4. Negative macroeconomic trends (-10%).




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November 15, 2024


Bank Of Nova Scotia Forecast

BNS        Bank Of Nova Scotia











Correlated Assets

Assets that tend to move strongly with BNS



TRV Forecast + Options Trading Strategies   TRV  Travelers Companies (0.86)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.85)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (0.82)


RVLV Forecast + Options Trading Strategies   RVLV  Revolve (0.8)


SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.79)



Uncorrelated Assets

Assets with little price relationship to BNS



U Forecast + Options Trading Strategies   U  Unity Software (-0.0)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.01)


NNDM Forecast + Options Trading Strategies   NNDM  Nano Dimension Ltd (0.01)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (-0.01)


AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (0.01)



Anticorrelated Assets

Assets that tend to move strongly against BNS



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.51)


FLNG Forecast + Options Trading Strategies   FLNG  Flex Lng (-0.51)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.59)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.61)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.71)









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