Bmo Nasdaq 100 Etf Performance
| ZNQ Etf | CAD 91.03 0.31 0.34% |
The etf shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BMO NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BMO NASDAQ 100 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
1 | Investment Strategy and Analysis - Stock Traders Daily | 02/24/2025 |
2 | Strategic Equity Report - Stock Traders Daily | 03/14/2025 |
BMO |
BMO NASDAQ Relative Risk vs. Return Landscape
If you would invest 10,005 in BMO NASDAQ 100 on December 21, 2024 and sell it today you would lose (902.00) from holding BMO NASDAQ 100 or give up 9.02% of portfolio value over 90 days. BMO NASDAQ 100 is producing return of less than zero assuming 1.2768% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than BMO NASDAQ, 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 NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO NASDAQ 100, and traders can use it to determine the average amount a BMO NASDAQ'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 = -0.1169
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZNQ |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BMO NASDAQ is not performing at its full potential. However, 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 NASDAQ by adding BMO NASDAQ to a well-diversified portfolio.
BMO NASDAQ Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO NASDAQ, and BMO NASDAQ 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 | 72.09 M | |||
About BMO NASDAQ Performance
By examining BMO NASDAQ's fundamental ratios, stakeholders can obtain critical insights into BMO NASDAQ'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 NASDAQ 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 Nasdaq 100 Equity Index ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. BMO NASDAQ is traded on Toronto Stock Exchange in Canada.| BMO NASDAQ 100 generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Strategic Equity Report - Stock Traders Daily | |
| The fund keeps 99.74% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO NASDAQ 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 NASDAQ security.