Bank Gross Profit Margin from 2010 to 2024
| BMO Stock | USD 94.96 0.56 0.59% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 1.03 | Current Value 0.91 | Quarterly Volatility 0.06364375 |
Check Bank of Montreal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Montreal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 B, Interest Expense of 0.0 or Selling General Administrative of 39.7 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0441 or PTB Ratio of 1.63. Bank financial statements analysis is a perfect complement when working with Bank of Montreal Valuation or Volatility modules.
Bank | Gross Profit Margin |
Pair Trading with Bank of Montreal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.78 | C | Citigroup Aggressive Push | PairCorr |
| 0.87 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
| 0.71 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.77 | BML-PG | Bank of America | PairCorr |
Moving against Bank Stock
| 0.73 | ING | ING Group NV | PairCorr |
| 0.52 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
| 0.45 | JPM-PM | JPMorgan Chase | PairCorr |
| 0.34 | JPM-PL | JPMorgan Chase | PairCorr |
| 0.33 | JPM-PK | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Bank of Montreal Correlation against competitors. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.17 | Dividend Share 6.04 | Earnings Share 6.18 | Revenue Per Share 43.316 | Quarterly Revenue Growth (0.04) |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.