Bmo Sptsx Equal Etf Performance
| ZMT Etf | CAD 72.75 0.02 0.03% |
The etf shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. BMO SPTSX returns are very sensitive to returns on the market. As the market goes up or down, BMO SPTSX is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in BMO SPTSX Equal are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BMO SPTSX displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.37 |
BMO |
BMO SPTSX Relative Risk vs. Return Landscape
If you would invest 6,173 in BMO SPTSX Equal on August 31, 2024 and sell it today you would earn a total of 1,102 from holding BMO SPTSX Equal or generate 17.85% return on investment over 90 days. BMO SPTSX Equal is generating 0.2748% of daily returns assuming 1.6768% volatility of returns over the 90 days investment horizon. Simply put, 14% of all etfs have less volatile historical return distribution than BMO SPTSX, and 95% 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 SPTSX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO SPTSX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO SPTSX Equal, and traders can use it to determine the average amount a BMO SPTSX'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 = 0.1639
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average BMO SPTSX 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 SPTSX by adding it to a well-diversified portfolio.
BMO SPTSX Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO SPTSX, and BMO SPTSX 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 | 17.67 M | |||
About BMO SPTSX Performance
By examining BMO SPTSX's fundamental ratios, stakeholders can obtain critical insights into BMO SPTSX'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 SPTSX 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 Equal Weight Global Base Metals Hedged to CAD Index ETF seeks to replicate, to the extent possible, the performance of an equal weight global base metals companies index, net of expenses. BMO EQL is traded on Toronto Stock Exchange in Canada.| The fund has annual holdings turnover of about 178.24% suggesting active trading | |
| BMO SPTSX Equal keeps 99.63% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO SPTSX 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 SPTSX security.