Bank Competitors
| BMO Stock | USD 141.02 0.90 0.64% |
Bank of Montreal vs Wells Fargo Correlation
Very weak diversification
The correlation between Bank of Montreal and WFC is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank of Montreal and WFC in the same portfolio, assuming nothing else is changed.
Moving together with Bank Stock
| 0.76 | C | Citigroup Sell-off Trend | PairCorr |
| 0.92 | CM | Canadian Imperial Bank | PairCorr |
| 0.8 | KB | KB Financial Group | PairCorr |
| 0.66 | NU | Nu Holdings | PairCorr |
| 0.81 | RY | Royal Bank | PairCorr |
Bank of Montreal Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bank of Montreal and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Bank and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bank of Montreal does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank of Montreal Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bank of Montreal's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BNS | 0.78 | 0.17 | 0.11 | 0.48 | 0.94 | 1.69 | 6.23 | |||
| CM | 0.92 | 0.14 | 0.09 | 0.26 | 1.06 | 2.10 | 7.15 | |||
| MFG | 1.30 | 0.53 | 0.30 | 0.51 | 1.13 | 3.35 | 7.66 | |||
| ING | 1.18 | 0.06 | 0.03 | 0.11 | 1.68 | 2.67 | 7.82 | |||
| BCS | 1.26 | 0.13 | 0.08 | 0.16 | 1.56 | 2.94 | 7.10 | |||
| MMC | 0.94 | (0.18) | 0.00 | (4.74) | 0.00 | 1.97 | 9.33 | |||
| NU | 1.63 | 0.01 | 0.01 | 0.07 | 2.31 | 3.85 | 11.48 | |||
| UBS | 1.25 | 0.09 | 0.04 | 0.19 | 1.75 | 2.57 | 10.86 | |||
| SMFG | 1.23 | 0.50 | 0.35 | 0.52 | 0.98 | 2.99 | 8.31 | |||
| WFC | 1.17 | (0.04) | (0.02) | 0.02 | 1.71 | 2.23 | 8.11 |
Cross Equities Net Income Analysis
Compare Bank of Montreal and related stocks such as Bank of Nova Scotia, Canadian Imperial Bank, and Mizuho Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BNS | 3 B | 3 B | 3 B | 3 B | 3 B | 6.1 B | 6 B | 6.1 B | 8.4 B | 6.8 B | 9.6 B | 9.9 B | 7.4 B | 7.8 B | 7.8 B | 6.1 B | 5.6 B |
| CM | 749 M | 3.3 B | 3.4 B | 3.2 B | 3.6 B | 4.3 B | 4.7 B | 5.3 B | 5.1 B | 3.8 B | 6.4 B | 6.2 B | 5 B | 7.1 B | 8.4 B | 9.7 B | 10.2 B |
| ING | 1.8 B | 4.8 B | 3.7 B | 3.5 B | 1.3 B | 4 B | 4.7 B | 4.9 B | 4.6 B | 4.8 B | 2.5 B | 4.8 B | 3.7 B | 7.3 B | 6.4 B | 6.3 B | 4.9 B |
| BCS | 692 M | 2.9 B | (624 M) | 540 M | 76 M | (49 M) | 2.1 B | (1.3 B) | 2.1 B | 3.3 B | 2.4 B | 7 B | 5.9 B | 5.3 B | 6.3 B | 7.2 B | 7.5 B |
| NU | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (92.5 M) | (171.5 M) | (165.3 M) | (364.6 M) | 1 B | 2 B | 2.3 B | 2.4 B |
| UBS | 3.9 B | 4.4 B | (2.5 B) | 3.8 B | 3.6 B | 6.3 B | 3.3 B | 969 M | 4.5 B | 4.3 B | 6.6 B | 7.5 B | 7.6 B | 27.4 B | 5.1 B | 8.1 B | 4.8 B |
| SMFG | 62.6 B | 518.5 B | 794.1 B | 766.4 B | 753.6 B | 646.7 B | 635.8 B | 734.4 B | 726.7 B | 703.9 B | 512.8 B | 706.6 B | 805.8 B | 962.9 B | 1.2 T | 1.4 T | 1.4 T |
| WFC | 107.6 M | 15.9 B | 18.9 B | 21.9 B | 23.1 B | 22.9 B | 21.9 B | 22.2 B | 22.4 B | 19.7 B | 3.4 B | 22.1 B | 13.7 B | 19.1 B | 19.7 B | 21.3 B | 22.4 B |
Bank of Montreal and related stocks such as Bank of Nova Scotia, Canadian Imperial Bank, and Mizuho Financial Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Montreal financial statement analysis. It represents the amount of money remaining after all of Bank of Montreal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Bank of Montreal Competitive Analysis
The better you understand Bank of Montreal competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bank of Montreal's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bank of Montreal's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Bank of Montreal Competition Performance Charts
Five steps to successful analysis of Bank of Montreal Competition
Bank of Montreal's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bank of Montreal in relation to its competition. Bank of Montreal's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Bank of Montreal in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bank of Montreal's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bank of Montreal, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Bank of Montreal position
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Check out Bank of Montreal Correlation with its peers. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Will Diversified Banks sector continue expanding? Could Bank diversify its offerings? Factors like these will boost the valuation of Bank of Montreal. Projected growth potential of Bank fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Bank of Montreal data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.011 | Dividend Share 6.44 | Earnings Share 8.4 | Revenue Per Share | Quarterly Revenue Growth 0.155 |
Bank of Montreal's market price often diverges from its book value, the accounting figure shown on Bank's balance sheet. Smart investors calculate Bank of Montreal's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Bank of Montreal's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Bank of Montreal's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bank of Montreal should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.