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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-09-12), Bank of Nova Scotia's 12-1 Month Momentum % is 38.24%.
The industry rank for Bank of Nova Scotia's 12-1 Month Momentum % or its related term are showing as below:
BNS's 12-1 Month Momentum % is ranked better than 75.14% of 1589
companies
in the Banks industry
Industry Median: 18.29
vs BNS: 38.24
Bank of Nova Scotia (NYSE:BNS) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Bank of Nova Scotia 12-1 Month Momentum % Related Terms
BNS vs JPM, BAC, WFC: 12-1 Month Momentum % Comparison
For the Banks - Diversified subindustry, Bank of Nova Scotia's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bank of Nova Scotia 12-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Nova Scotia's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Bank of Nova Scotia's 12-1 Month Momentum % falls into.
Bank of Nova Scotia (NYSE:BNS) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of Nova Scotia (BNS) has a 12-1 Month Momentum % of 38.24% as of Sep. 12, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Bank of Nova Scotia and its competitors. According to the industry distribution chart, Bank of Nova Scotia ranks #395 out of 1589 companies in the Banks industry, placing it in the top 24.9%.
Is Bank of Nova Scotia's 12-1 Month Momentum % too high?
Bank of Nova Scotia's current 12-1 Month Momentum % is 38.24%. The Banks industry median 12-1 Month Momentum % is 18.29. Bank of Nova Scotia's value of 38.24% is 109.1% above this industry median. Based on the distribution chart, Bank of Nova Scotia ranks #395 out of 1589 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Nova Scotia has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's 12-1 Month Momentum % compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Nova Scotia ranks #395 out of 1589 companies for 12-1 Month Momentum %. This places Bank of Nova Scotia in the top 25% of its industry — outperforming the majority of peers. The industry median 12-1 Month Momentum % is 18.29. Bank of Nova Scotia's value of 38.24% is 109.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Banks company?
The median 12-1 Month Momentum % among Banks companies is 18.29, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Nova Scotia's current 12-1 Month Momentum % of 38.24% is 109.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Bank of Nova Scotia and its competitors. For the Banks industry, the median 12-1 Month Momentum % is 18.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Nova Scotia's current 12-1 Month Momentum % is 38.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Nova Scotia stock overvalued right now?
Based on GuruFocus' analysis, Bank of Nova Scotia (BNS) is currently considered Significantly Overvalued. The stock's GF Value™ is $62.66, compared to a current price of $93.45 — trading 49.1% above its estimated fair value. The current 12-1 Month Momentum % is 38.24% and 109.1% above the Banks industry median of 18.29. Bank of Nova Scotia's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current 12-1 Month Momentum % is 38.24% as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Nova Scotia (BNS) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Nova Scotia stock appears to be overvalued.
The current stock price of $93.45 is trading 49.1% above its estimated GF Value™ of $62.66.
GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.
Key valuation signals for BNS:
12-1 Month Momentum %: 38.24%
GF Value™: $62.66 vs. price of $93.45 (49.1% above fair value)
Industry Position: 109.1% above the Banks median (#395 of 1589)
No single metric tells the full story. See the BNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Nova Scotia is a global financial-services provider with over CAD 1.5 trillion in assets as of the end of April 2026. It has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Latin America.
69GF Score
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