Bank Of Montreal Etf Performance
| JETD Etf | 14.86 0.19 1.30% |
The etf shows a Beta (market volatility) of -2.56, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bank of Montreal are expected to decrease by larger amounts. On the other hand, during market turmoil, Bank of Montreal is expected to outperform it.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Bank of Montreal are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting basic indicators, Bank of Montreal exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Bank |
Bank of Montreal Relative Risk vs. Return Landscape
If you would invest 1,196 in Bank of Montreal on December 22, 2024 and sell it today you would earn a total of 290.00 from holding Bank of Montreal or generate 24.25% return on investment over 90 days. Bank of Montreal is currently generating 0.4282% in daily expected returns and assumes 3.6721% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of etfs are less volatile than Bank, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bank of Montreal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of Montreal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Bank of Montreal, and traders can use it to determine the average amount a Bank of Montreal'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 = 0.1166
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bank of Montreal is performing at about 9% of its full potential. 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 Bank of Montreal by adding it to a well-diversified portfolio.
About Bank of Montreal Performance
By analyzing Bank of Montreal's fundamental ratios, stakeholders can gain valuable insights into Bank of Montreal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bank of Montreal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bank of Montreal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bank of Montreal is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Bank of Montreal had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: JETS Time To Take Profits And Sell Airlines - Seeking Alpha |
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.