Bmo Premium Yield Etf Performance
| ZPAY Etf | CAD 32.71 0.08 0.24% |
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 Premium's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Premium is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BMO Premium Yield are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, BMO Premium 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 Premium Relative Risk vs. Return Landscape
If you would invest 3,084 in BMO Premium Yield on September 1, 2024 and sell it today you would earn a total of 187.00 from holding BMO Premium Yield or generate 6.06% return on investment over 90 days. BMO Premium Yield is generating 0.0929% of daily returns and assumes 0.4293% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than BMO, 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 Premium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Premium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Premium Yield, and traders can use it to determine the average amount a BMO Premium'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 = 0.2165
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 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 Premium 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 Premium by adding it to a well-diversified portfolio.
BMO Premium Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Premium, and BMO Premium 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.
About BMO Premium Performance
By examining BMO Premium's fundamental ratios, stakeholders can obtain critical insights into BMO Premium'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 Premium 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 Premium Yield ETF seeks to provide exposure to the performance of a portfolio of U.S. large capitalization companies, primarily by investing in U.S. equity securities and derivative instruments to provide long term capital appreciation, generate income and mitigate downside risk. BMO PREMIUM is traded on Toronto Stock Exchange in Canada.