Bmo Aggregate Bond Etf Performance
| ZAG Etf | CAD 13.91 0.02 0.14% |
The etf shows a Beta (market volatility) of 0.0967, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO Aggregate's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Aggregate is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in BMO Aggregate Bond are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, BMO Aggregate is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.46 |
BMO |
BMO Aggregate Relative Risk vs. Return Landscape
If you would invest 1,378 in BMO Aggregate Bond on August 31, 2024 and sell it today you would earn a total of 13.00 from holding BMO Aggregate Bond or generate 0.94% return on investment over 90 days. BMO Aggregate Bond is generating 0.0157% of daily returns assuming 0.3227% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than BMO Aggregate, 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 Aggregate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Aggregate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Aggregate Bond, and traders can use it to determine the average amount a BMO Aggregate'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 = 0.0485
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZAG |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average BMO Aggregate is performing at about 3% 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 BMO Aggregate by adding it to a well-diversified portfolio.
BMO Aggregate Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Aggregate, and BMO Aggregate 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 | 5.03 B | |||
About BMO Aggregate Performance
By examining BMO Aggregate's fundamental ratios, stakeholders can obtain critical insights into BMO Aggregate'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 Aggregate 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 Aggregate Bond Index ETF seeks to replicate, to the extent possible, the performance of an aggregate bond index, net of expenses. BMO AGGREGATE is traded on Toronto Stock Exchange in Canada.| The fund generated three year return of 0.0% | |
| BMO Aggregate Bond keeps about 97.24% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO Aggregate 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 Aggregate security.