BMO Global Competition

Etfs . Canada . 
Etf . BMO Global Strategic
ZGSB Etf  CAD 27.39  0.03  0.11%   
BMO Global Strategic competes with Purpose Total, Purpose Multi, Purpose Strategic, IShares Canadian, and PHN Multi; as well as few others. Analyzing BMO Global competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of BMO Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out BMO Global Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of BMO Global competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
27.0927.3927.69
Details
Intrinsic
Valuation
LowRealHigh
27.0127.3127.61
Details
Naive
Forecast
LowNextHigh
26.9527.2527.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.3527.3727.40
Details

BMO Global Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BMO Global and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of BMO 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 BMO Global Strategic does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
0P0000OXA6
+ 0.88
SYLD
XHB
+ 0.82
PINC
SYLD
+ 0.8
PINC
XHB
+ 0.77
SYLD
PINC
+ 0.69
PBD
EDGF
+ 0.66
PINC
  
High negative correlations   
0P0000OXA6
- 0.82
ZUAG-U
ALA-PA
- 0.72
SYLD
ALA-PA
- 0.67
XHB
ALA-PA
- 0.65
0P0000OXA6
ALA-PA
- 0.62
PINC
0P0000OXA6
- 0.59
SOLR

BMO Global Constituents Risk-Adjusted Indicators

There is a big difference between BMO Etf performing well and BMO Global ETF 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 BMO Global'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PBD  0.20 (0.01)(0.50)(0.01) 0.20 
(0.25)
 0.36 
(0.36)
 1.21 
PINC  0.34  0.09 (0.08) 79.03  0.20 
(0.38)
 0.78 
(0.69)
 2.11 
SYLD  0.20  0.06 (0.25)(3.38) 0.00 
(0.25)
 0.48 
(0.37)
 1.38 
ZUAG-U  0.14 (0.03) 0.00  1.87  0.00 
 0.00 
 0.42 
(0.46)
 2.35 
XHB  0.19  0.01 (0.49)(0.22) 0.13 
(0.26)
 0.41 
(0.31)
 1.07 
EDGF  0.81  0.01 (0.05) 0.18  1.11 
(1.17)
 2.20 
(1.86)
 6.42 
SOLR  5.78  0.28  0.00 (0.06) 8.19 
(23.96)
 25.00 
(20.00)
 50.00 
0P0000OXA6  0.50  0.09 (0.04) 1.11  0.55 
(0.54)
 1.07 
(1.18)
 4.34 
ALA-PA  0.51  0.01 (0.17) 0.06  0.67 
(0.60)
 1.15 
(1.45)
 3.73 
ECO  1.48 (0.03)(0.05) 0.04  1.87 
(1.71)
 3.84 
(3.00)
 11.63 
All Fundamental Data

BMO Global Competitive Analysis

The better you understand BMO Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BMO Global'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 BMO Global'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
ZGSB PBD PINC SYLD ZUAG-U XHB EDGF SOLR 0P0000OXA6 ALA-PA
 0.11 
 27.39 
BMO
 0.12 
 16.64 
Purpose
 0.43 
 18.74 
Purpose
 0.36 
 19.25 
Purpose
 0.47 
 30.03 
BMO
 0.15 
 19.54 
IShares
 0.75 
 10.71 
Brompton
 16.67 
 0.04 
Solar
 0.18 
 28.08 
PHN
 1.00 
 19.19 
Altagas
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Weak
Good
Solid
Very Weak
Modest
Weak
Very Weak
Good
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
About Average
Low
About Average
Very High
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Cautious Hold
Sell
Strong Sell
Cautious Hold
Cautious Hold
Cautious Hold
Strong Sell
Strong Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
Net Asset
282.32 M
72.14 M
219.02 M
N/A
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.0107
N/A
0.0239
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(762.93 K)
N/A
1.14 B
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.7
N/A
0.0733
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
10.37 M
N/A
N/A
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
N/A
93.97
N/A
N/A
Five Year Return
1.6
1.8
4.4
6.7
N/A
2.6
N/A
N/A
8.42
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(68.87 M)
N/A
N/A
One Year Return
11.9
7.7
18.2
16.1
N/A
10.8
N/A
N/A
-0.8
N/A
Beta
0.79
0.45
1.01
0.38
N/A
0.94
0.95
1.32
N/A
1.32
Equity Positions Weight
1.59
0.01
45.56
1.56
N/A
N/A
N/A
N/A
98.42
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.58
N/A
Number Of Employees
N/A
N/A
N/A
N/A
N/A
1
N/A
N/A
N/A
2.93 K
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
N/A
294.19 M
N/A
N/A
Three Year Return
0.1
1.1
0.2
3.2
N/A
2.1
N/A
N/A
5.68
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
N/A
97.33 K
N/A
738 M
Annual Yield
N/A
0.0389
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0524
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
137.5 K
N/A
7.68 B
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-6.84
N/A
0.0477
Bond Positions Weight
78.6
71.25
14.43
36.3
N/A
97.03
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
30.71
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.25
N/A
0.0273
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.21 K
N/A
8.1 K
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.007
N/A
24.88
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
500
N/A
Total Asset
282.32 M
72.14 M
219.02 M
N/A
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
Last Dividend Paid
0.6
0.0586
0.084
0.097
N/A
0.065
N/A
N/A
N/A
1.05
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.58
N/A
1.62
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.15
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.87
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
N/A
10.3 M
N/A
N/A
Price To Earning
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.39
N/A
N/A
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(1.81 M)
N/A
283 M
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.89
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
42.24
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
7.47 M
N/A
10.57 B
Ten Year Return
N/A
1.9
N/A
N/A
N/A
3.3
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(2.31 M)
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
403.2 K
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
663.58 K
N/A
2.87 B
Day Typical Price
27.39
16.64
18.79
19.24
30.03
19.51
10.7
0.035
28.08
19.08
Accumulation Distribution
N/A
N/A
0.0079
0.001
N/A
0.0041
0.0028
0.25
N/A
0.0172
Market Facilitation Index
N/A
N/A
0.15
0.02
N/A
0.08
0.03
0.01
N/A
0.33
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
0.5333
3.5
9.2 T
0.375
2.666667
0.5
9.2 T
0.5758
Period Momentum Indicator
0.03
(0.02)
0.08
0.07
0.14
0.03
0.08
0.005
0.05
0.19
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.01
1.17
1.0
1.01
Day Median Price
27.39
16.64
18.81
19.24
30.03
19.5
10.7
0.035
28.08
19.02
Price Action Indicator
0.015
(0.01)
(0.04)
0.045
0.07
0.055
0.055
0.0025
0.025
0.26
Relative Strength Index
30.51
30.98
12.62
73.4
5.64
50.07
26.6
63.04
26.0
12.93
Coefficient Of Variation
(13,080)
2730.57
450.41
369.58
(1,082)
1297.74
2389.32
11305.83
683.44
21769.09
Mean Deviation
0.2028
0.2014
0.3353
0.2001
0.14
0.1879
0.8118
5.78
0.5021
0.5068
Total Risk Alpha
(0.06)
(0.04)
0.0182
0.0198
(0.08)
(0.03)
(0.15)
(1.71)
(0.02)
(0.12)
Jensen Alpha
N/A
(0.01)
0.0868
0.0634
(0.03)
0.0127
0.0146
0.2834
0.0855
0.0069
Sortino Ratio
N/A
(0.50)
(0.08)
(0.25)
N/A
(0.49)
(0.05)
(0)
(0.04)
(0.17)
Downside Variance
N/A
0.0599
0.184
0.0575
N/A
0.0522
2.94
478.13
0.4957
0.5698
Standard Deviation
0.3026
0.2584
0.4366
0.2634
0.2929
0.2364
1.25
11.42
0.7237
0.7047
Kurtosis
3.16
0.6926
0.1203
0.9566
15.02
0.1482
1.41
1.29
4.17
1.03
Potential Upside
0.4009
0.3623
0.7808
0.4847
0.4222
0.41
2.2
25.0
1.07
1.15
Maximum Drawdown
1.84
1.21
2.11
1.38
2.35
1.07
6.42
50.0
4.34
3.73
Treynor Ratio
N/A
(0.01)
79.03
(3.38)
1.87
(0.22)
0.1844
(0.06)
1.11
0.0598
Variance
0.0915
0.0667
0.1906
0.0694
0.0858
0.0559
1.56
130.42
0.5237
0.4966
Market Risk Adjusted Performance
N/A
0.0013
79.04
(3.37)
1.88
(0.21)
0.1944
(0.05)
1.12
0.0698
Risk Adjusted Performance
(0.02)
0.0084
0.1627
0.1884
(0.09)
0.0367
0.0359
0.0161
0.1116
0.0026
Skewness
0.745
0.4579
0.1237
0.4219
(2.72)
0.5242
(0.46)
0.3389
0.69
(0.17)
Semi Deviation
N/A
0.1971
0.2032
0.0
N/A
0.1269
1.11
8.19
0.5514
0.6658
Information Ratio
(0.44)
(0.47)
(0.08)
(0.23)
(0.54)
(0.48)
(0.06)
(0)
(0.03)
(0.18)
Value At Risk
(0.48)
(0.36)
(0.69)
(0.37)
(0.46)
(0.31)
(1.86)
(20.00)
(1.18)
(1.45)
Expected Short fall
N/A
(0.25)
(0.38)
(0.25)
N/A
(0.26)
(1.17)
(23.96)
(0.54)
(0.60)
Downside Deviation
N/A
0.2448
0.429
0.2399
N/A
0.2284
1.71
21.87
0.7041
0.7548
Semi Variance
N/A
0.0389
0.0413
(0.03)
N/A
0.0161
1.24
67.0
0.3041
0.4432

BMO Global Competition Performance Charts

Five steps to successful analysis of BMO Global Competition

BMO Global'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 BMO Global Strategic in relation to its competition. BMO Global's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of BMO Global 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 BMO Global's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BMO Global Strategic, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your BMO Global position

In addition to having BMO Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Wholesale
Wholesale Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Other Information on Investing in BMO Etf

BMO Global 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 Global security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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