Bank of Montreal Financials
| JETD Etf | 12.29 0.04 0.32% |
Bank |
The data published in Bank of Montreal's official financial statements typically reflect Bank of Montreal's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Bank of Montreal's quantitative information. For example, before you start analyzing numbers published by Bank accountants, it's essential to understand Bank of Montreal's liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
Please note, the presentation of Bank of Montreal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bank of Montreal's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bank of Montreal's management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US0636794846 |
| CUSIP | 063679484 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Etf Family | Metals & Mining |
| Fund Category | Sector |
| Portfolio Concentration | Industrials |
| Benchmark | Dow Jones Industrial |
Bank of Montreal Systematic Risk
Bank of Montreal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of Montreal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Bank of Montreal correlated with the market. If Beta is less than 0 Bank of Montreal generally moves in the opposite direction as compared to the market. If Bank of Montreal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of Montreal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of Montreal is generally in the same direction as the market. If Beta > 1 Bank of Montreal moves generally in the same direction as, but more than the movement of the benchmark.
About Bank of Montreal Financials
What exactly are Bank of Montreal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Bank of Montreal's income statement, its balance sheet, and the statement of cash flows. Potential Bank of Montreal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Bank of Montreal investors may use each financial statement separately, they are all related. The changes in Bank of Montreal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bank of Montreal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Bank of Montreal Thematic Clasifications
Bank of Montreal is part of several thematic ideas from Sector ETFs to Industrials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBank of Montreal February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of Montreal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of Montreal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of Montreal based on widely used predictive technical indicators. In general, we focus on analyzing Bank Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of Montreal's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0033 | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 4.15 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Bank Etf refer to our How to Trade Bank Etf guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.