Bmo Monthly Income Etf Performance
| ZMI Etf | CAD 17.68 0.07 0.40% |
The etf shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO Monthly's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Monthly is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in BMO Monthly Income are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy forward indicators, BMO Monthly 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 | 0.33 |
BMO |
BMO Monthly Relative Risk vs. Return Landscape
If you would invest 1,692 in BMO Monthly Income on September 2, 2024 and sell it today you would earn a total of 76.00 from holding BMO Monthly Income or generate 4.49% return on investment over 90 days. BMO Monthly Income is generating 0.0692% of daily returns assuming 0.3115% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than BMO Monthly, 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 Monthly Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Monthly's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Monthly Income, and traders can use it to determine the average amount a BMO Monthly'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 = 0.222
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Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average BMO Monthly is performing at about 17% 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 Monthly by adding it to a well-diversified portfolio.
BMO Monthly Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Monthly, and BMO Monthly 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.
| Price To Earning | 16.62 X | |||
| Total Asset | 106.97 M | |||
About BMO Monthly Performance
By examining BMO Monthly's fundamental ratios, stakeholders can obtain critical insights into BMO Monthly'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 Monthly 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 Monthly Income ETF seeks to provide monthly cash distributions, with the potential for modest long-term capital appreciation, generally by investing in BMO ETFs that provide exposure to a diversified portfolio of income-bearing investments, including common equities, preferred shares, fixed income securities and trust units. BMO MONTHLY is traded on Toronto Stock Exchange in Canada.| The fund keeps about 37.59% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO Monthly 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 Monthly security.