Bank Of Montreal Etf Performance
| JETD Etf | 12.29 0.04 0.32% |
The etf shows a Beta (market volatility) of -0.28, 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.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of Montreal are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Bank of Montreal is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Bank of Montreal Relative Risk vs. Return Landscape
If you would invest 1,222 in Bank of Montreal on November 28, 2024 and sell it today you would earn a total of 7.00 from holding Bank of Montreal or generate 0.57% return on investment over 90 days. Bank of Montreal is currently generating 0.0522% in daily expected returns and assumes 2.9447% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than Bank, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 = 0.0177
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| Cash | Small Risk | JETD | High Risk | Huge Risk |
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Bank of Montreal is performing at about 1% 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.