Bank of Montreal (Germany) Market Value
| BZZ Stock | EUR 87.84 1.04 1.17% |
| Symbol | Bank |
Bank of Montreal 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bank of Montreal's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bank of Montreal.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bank of Montreal on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bank of Montreal or generate 0.0% return on investment in Bank of Montreal over 90 days. Bank of Montreal is related to or competes with Mobilezone Holding, Ribbon Communications, ALERION CLEANPOWER, Urban Outfitters, Geely Automobile, and Clean Energy. Bank of Montreal provides diversified financial services primarily in North America More
Bank of Montreal Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bank of Montreal's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bank of Montreal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0208 | |||
| Maximum Drawdown | 7.27 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 1.63 |
Bank of Montreal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Montreal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank of Montreal's standard deviation. In reality, there are many statistical measures that can use Bank of Montreal historical prices to predict the future Bank of Montreal's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.0879 | |||
| Treynor Ratio | 0.8447 |
Bank of Montreal Backtested Returns
Bank of Montreal secures Sharpe Ratio (or Efficiency) of -0.0578, which signifies that the company had a -0.0578 % return per unit of risk over the last 3 months. Bank of Montreal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Montreal's Risk Adjusted Performance of (0.04), standard deviation of 1.35, and Mean Deviation of 0.9919 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0959, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank of Montreal are expected to decrease at a much lower rate. During the bear market, Bank of Montreal is likely to outperform the market. At this point, Bank of Montreal has a negative expected return of -0.072%. Please make sure to confirm Bank of Montreal's total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Bank of Montreal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Bank of Montreal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bank of Montreal time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bank of Montreal price movement. The serial correlation of -0.18 indicates that over 18.0% of current Bank of Montreal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 7.49 |
Bank of Montreal lagged returns against current returns
Autocorrelation, which is Bank of Montreal stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bank of Montreal's stock expected returns. We can calculate the autocorrelation of Bank of Montreal returns to help us make a trade decision. For example, suppose you find that Bank of Montreal has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bank of Montreal regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bank of Montreal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank of Montreal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank of Montreal stock over time.
Current vs Lagged Prices |
| Timeline |
Bank of Montreal Lagged Returns
When evaluating Bank of Montreal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank of Montreal stock have on its future price. Bank of Montreal autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bank of Montreal autocorrelation shows the relationship between Bank of Montreal stock current value and its past values and can show if there is a momentum factor associated with investing in Bank of Montreal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:Check out Bank of Montreal Correlation, Bank of Montreal Volatility and Bank of Montreal Alpha and Beta module to complement your research on Bank of Montreal. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of Montreal guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Bank of Montreal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.