Evolve Canadian Financials
| BANK Etf | CAD 8.37 0.01 0.12% |
Evolve |
The data published in Evolve Canadian's official financial statements typically reflect Evolve Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Evolve Canadian's quantitative information. For example, before you start analyzing numbers published by Evolve accountants, it's essential to understand Evolve Canadian's liquidity, profitability, and earnings quality within the context of the BMO Asset Management Inc space in which it operates.
Evolve Canadian Etf Summary
Evolve Canadian competes with Evolve Innovation, Evolve Enhanced, Evolve Global. BMO Global Banks Hedged to CAD Index ETF seeks to replicate, to the extent possible, the performance of a global banks index, net of expenses. BMO GLB is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA30053T1093 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | BMO Asset Management Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 800 668 7327 |
| Currency | CAD - Canadian Dollar |
You should never invest in Evolve Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Evolve Etf, because this is throwing your money away. Analyzing the key information contained in Evolve Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Evolve Canadian Key Financial Ratios
Evolve Canadian's financial ratios allow both analysts and investors to convert raw data from Evolve Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of Evolve Canadian over time and compare it to other companies across industries.Evolve Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evolve Canadian's current stock value. Our valuation model uses many indicators to compare Evolve Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolve Canadian competition to find correlations between indicators driving Evolve Canadian's intrinsic value. More Info.Evolve Canadian Banks is third largest ETF in one year return as compared to similar ETFs. It also is third largest ETF in net asset as compared to similar ETFs making up about 105,783 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value Evolve Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evolve Canadian's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Evolve Canadian Banks Systematic Risk
Evolve Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolve Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Evolve Canadian Banks correlated with the market. If Beta is less than 0 Evolve Canadian generally moves in the opposite direction as compared to the market. If Evolve Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolve Canadian Banks is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolve Canadian is generally in the same direction as the market. If Beta > 1 Evolve Canadian moves generally in the same direction as, but more than the movement of the benchmark.
Evolve Canadian November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evolve Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evolve Canadian Banks. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evolve Canadian Banks based on widely used predictive technical indicators. In general, we focus on analyzing Evolve Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evolve Canadian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5329 | |||
| Information Ratio | 0.2218 | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 1.12 |
Other Information on Investing in Evolve Etf
Evolve Canadian financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Canadian security.