Bmo Covered Call Etf Performance
| ZWK Etf | CAD 22.89 0.09 0.39% |
The etf shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. BMO Covered returns are very sensitive to returns on the market. As the market goes up or down, BMO Covered is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BMO Covered Call has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy forward-looking signals, BMO Covered is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Technical Analysis and Trading Signals - Stock Traders Daily | 03/17/2025 |
BMO |
BMO Covered Relative Risk vs. Return Landscape
If you would invest 2,388 in BMO Covered Call on December 19, 2024 and sell it today you would lose (99.00) from holding BMO Covered Call or give up 4.15% of portfolio value over 90 days. BMO Covered Call is producing return of less than zero assuming 1.3306% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than BMO Covered, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BMO Covered Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Covered's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Covered Call, and traders can use it to determine the average amount a BMO Covered's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0464
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| Negative Returns | ZWK |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BMO Covered is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BMO Covered by adding BMO Covered to a well-diversified portfolio.
BMO Covered Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Covered, and BMO Covered fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BMO Etf performance.
| Total Asset | 249.89 M | |||
About BMO Covered Performance
By examining BMO Covered's fundamental ratios, stakeholders can obtain critical insights into BMO Covered's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BMO Covered is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
BMO COVERED is traded on Toronto Stock Exchange in Canada.| BMO Covered Call generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Technical Analysis and Trading Signals - Stock Traders Daily | |
| The fund generated three year return of -2.0% | |
| BMO Covered Call keeps all of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO Covered financial ratios help investors to determine whether BMO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BMO with respect to the benefits of owning BMO Covered security.