Bmo Corporate Bond Etf Performance
| ZCB Etf | CAD 47.79 0.41 0.87% |
The etf shows a Beta (market volatility) of 0.0363, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Corporate is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in BMO Corporate Bond are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental drivers, BMO Corporate is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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BMO Corporate Relative Risk vs. Return Landscape
If you would invest 4,654 in BMO Corporate Bond on September 1, 2024 and sell it today you would earn a total of 125.00 from holding BMO Corporate Bond or generate 2.69% return on investment over 90 days. BMO Corporate Bond is generating 0.0418% of daily returns assuming 0.2655% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than BMO Corporate, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BMO Corporate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Corporate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Corporate Bond, and traders can use it to determine the average amount a BMO Corporate'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 = 0.1573
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| Negative Returns | ZCB |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average BMO Corporate is performing at about 12% 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 Corporate by adding it to a well-diversified portfolio.
BMO Corporate Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Corporate, and BMO Corporate 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 | 29.91 M | |||
About BMO Corporate Performance
By examining BMO Corporate's fundamental ratios, stakeholders can obtain critical insights into BMO Corporate'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 Corporate 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 Corporate Bond Index ETF seeks to replicate, to the extent possible, the performance of a corporate bond index, net of expenses. BMO CORPORATE is traded on Toronto Stock Exchange in Canada.| The fund keeps about 94.52% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO Corporate 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 Corporate security.