Bmo Aggregate Bond Etf Performance
| ZUAG-U Etf | 30.07 0.13 0.43% |
The etf shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO Aggregate's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Aggregate is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BMO Aggregate Bond has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, BMO Aggregate is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
BMO |
BMO Aggregate Relative Risk vs. Return Landscape
If you would invest 3,003 in BMO Aggregate Bond on November 20, 2024 and sell it today you would earn a total of 4.00 from holding BMO Aggregate Bond or generate 0.13% return on investment over 90 days. BMO Aggregate Bond is generating 0.0026% of daily returns and assumes 0.2895% volatility on return distribution over the 90 days horizon. Simply put, 2% 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 Aggregate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Aggregate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Aggregate Bond, and traders can use it to determine the average amount a BMO Aggregate'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 = 0.009
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZUAG-U |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BMO Aggregate 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 Aggregate by adding BMO Aggregate to a well-diversified portfolio.
About BMO Aggregate Performance
By analyzing BMO Aggregate's fundamental ratios, stakeholders can gain valuable insights into BMO Aggregate's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BMO Aggregate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if BMO Aggregate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BMO Aggregate is entity of Canada. It is traded as Etf on TO exchange.